This is the property of the Daily Journal Corporation and fully protected by copyright. It is made available only to Daily Journal subscribers for personal or collaborative purposes and may not be distributed, reproduced, modified, stored or transferred without written permission. Please click "Reprint" to order presentation-ready copies to distribute to clients or use in commercial marketing materials or for permission to post on a website. and copyright (showing year of publication) at the bottom.
Subscribe to the Daily Journal for access to Daily Appellate Reports, Verdicts, Judicial Profiles and more...

Construction

Nov. 2, 1999

States affordability crisis growing worse

Sacramento - The state's housing crisis is growing worse, according to the California Building Industry Association. Using data from the National Association of Home Builders, the state organization says 15 of the nation's 25 most expensive housing markets are in California.

Sacramento - The state's housing crisis is growing worse, according to the California Building Industry Association. Using data from the National Association of Home Builders, the state organization says 15 of the nation's 25 most expensive housing markets are in California.
San Francisco heads the list, with families earning the local median income of $72,400 able to afford only 15.7 percent of homes on the market, as of September. The Santa Cruz-Watsonville area is...

To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!

Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)

Already a subscriber?

Sign up for Daily Journal emails