Seniors Squeezed By Strong Rental Market

Senior citizens and persons with low or fixed-incomes are being squeezed out by high rents and increasing demand for housing caused by a booming economy.

1 minute read

September 23, 2000, 11:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech


El Cerrito is facing a growing howsing problem. Senior citizens and persons with low or fixed-incomes are being squeezed out by high rents and increasing demand for housing caused by a booming economy. The City Council has broached the issue and this week itconsidered a temporary moratorium to halt residential rental properties being convertedinto condominiums.

Thanks to Abhijeet Chavan

Saturday, September 23, 2000 in Contra Costa Times-Walnut Creek

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