New and recently sold homes in the Porter Ranch community of the San Fernando Valley on Tuesday, Feb. 28, 2023. An annual UCLA survey that measures the quality of life satisfaction found that San Fernando Valley residents have the lowest satisfaction in the last nine years, and satisfaction is the lowest ever for residents across Los Angeles County.
On the issue of the cost of living, the overall rating countywide in 2016 was 50. This year it had tumbled down to 38. Stuart Waldman, president of the Valley Industry and Commerce Association, said, “People always felt they could come to the Valley — and it’s not like that anymore. It’s pretty expensive here and it’s frustrating for people. Prices have gone up and there’s not a lot of on the market. It’s not easy to live anywhere.”
Researchers asked for the first time this year whether responders had air conditioning in their homes or apartments. South L.A. is “an area of the city that is warmer in the summer than the average, and poorer than the average, and the heart of two minority communities: African American and Latinos,” Yaroslavsky said.The countywide level of satisfaction with the cost of living dropped from a very low 41 to an even lower 38, marking the lowest satisfaction level in the study — for any category that has been surveyed since 2016.
Asked whether they were worried about becoming homeless, the highest level of stress was expressed by renters and those who earned less than $60,000 annually.
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