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October 02, 2013

Stanford releases new poverty index

The sky-high cost of housing in California is pushing many families into poverty, according to new research by Stanford's Center on Poverty and Inequality and the Public Policy Institute of California.

The harsh reality of high rents and mortgage payments are felt most severely in metro areas such as Los Angeles, a finding that came out of a new index of poverty in California.

The index provides a more rigorous measure than the commonly used official poverty measure of the U.S. Census Bureau.

The new California Poverty Measure improves on the official measure by taking housing costs and transfer payments into account, said David Grusky, a sociology professor who serves as the director of Stanford's Center on Poverty and Inequality.

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