Real Estate/Development
Feb. 15, 2005
Crisis Mode
EXTRA Feature - California is finally moving up instead of out. After decades of dealing with a housing crisis by expanding suburbs ever outward to meet ever-rising demand for ownership, the state's urban centers are almost out of room for new tracts of single-family homes. The land is out there all right, but increasingly, it's way out there, in terms of both distance and price.
By Lorelei Laird
California is finally moving up instead of out.
After decades of dealing with a housing crisis by expanding suburbs ever outward to meet ever-rising demand for ownership, the state's urban centers are almost...
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