California's Housing Shortage Is 'Overstated'

A study suggest that what is believed to be California's statewide housing shortage may only be limited to major cities.

1 minute read

March 11, 2004, 2:00 PM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech


"A chronic statewide housing shortage blamed for driving up California home prices and forcing families to share dwellings may be overstated and is largely confined to major cities, says a study released Wednesday.In an analysis countering widespread popular opinion, the Public Policy Institute of California suggests there is little evidence of a statewide housing shortage outside metropolitan Los Angeles, the San Francisco Bay area and San Diego."

Thanks to Scott Butler

Wednesday, March 10, 2004 in The Sacramento Bee

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