The number of high-income renters has swelled 33 percent

In the Los Angeles metropolitan area, where home prices are close to an all-time high, even those making six-figure incomes may be struggling to enter the real estate market.

According to new report from Apartment List, one-quarter of high-income households rented in 2008. By 2017, that share had jumped to 30 percent, and the LA area had more than 450,000 high-income renters.

Read More: https://la.curbed.com/2019/2/26/18241819/rent-vs-buy-los-angeles-high-income