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California’s Housing Affordability Falls
Sacramento Business Journal: “There might be some place the average California family can afford to buy the median priced home, but it might not carry a California address. There’s no region in the state monitored by the California Association of Realtors — not even the Mojave Desert — where more than half of California households can afford the median priced home.”
Unfortunately, this is just one of many reasons I want to get out my family of here.
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Chuck on August 19th, 2004 7:30 am
I suppose this reinforces P. J. O’Rourke’s criticism of Hollywood as an empire that was really overrated.
“At least” he said (paraphrasing)”if the whole thing goes bust, you can sleep on the beach.”
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