In Los Angeles, the average renter spends almost half of his or her income on rent, according to Zillow Research. That’s higher than even San Francisco, where renters on average spend closer to 40 percent of their income on rent.
HomeShare, which also operates in New York City, aims to alleviate this pain point with an online housing marketplace that enables affordable city living by partnering with luxury buildings and making multi-bedroom apartments that would normally be rented to one person…
