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10-1-2009 6:56 PM
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Lexica says:
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in real terms — adjusted for inflation — East Bay incomes have been flat for two years.

East Bay residents make about $3,500 less than they did in 2000 if their incomes are adjusted for inflation, said Jennifer Lin, a researcher for the East Bay Alliance for a Sustainable Economy.

Lin points out that averages can also disguise the growing inequality the census numbers reveal. There are fewer East Bay households now making the middle incomes of from $75,000 to $150,000, and more people—especially Latinos and African-Americans working in low-wage service industries—are having a harder time making enough money to get by without public help.…

Homeownership declined in both counties, which was no surprise to a region hard-hit by the foreclosure crisis…

For homeowners with a mortgage, the median monthly cost last year was $2,755 in Alameda County and $2,842 in Contra Costa County. For renters, the median monthly rent was $1,192 in Alameda County and $1,254 in Contra C
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