43% of voters in California say they can't afford to live in the state via CNBCMakeIt
A full 43 percent of Californian voters, and an astounding 61 percent of those aged 18 to 34, feel they can't afford to live in the state, according to a recent Quinnipiac University poll. And over three-quarters of voters agree that there's a"housing crisis."
But it may not just be housing that's causing residents to feel strapped. Other research suggests it's the cost of living overall.In a poll that aimed to"pinpoint what's causing the worst financial fears and stress among Americans," California residents said their top financial stressor was the general cost of living.
Middle-class incomes have shrunk in nearly every state, according to data from the Pew Research Center and the Census Bureau, and U.S. households just experienced the biggest decline in net worth since the financial crisis.
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