Housing Costs Rising In California

21 June 2000 - 11:45am

WSJ examines impact of housing costs of 10 cities in California on salary and recruitment efforts by businesses.

Skyrocketing housing costs in California are impacting businesses' ability to hire and retain workers, and are raising questions about the state's competitiveness. What are the highest cost cities? Prices for a 2,200-square-foot, four-bedroom, 2.5-bathroom home in a middle-income neighborhood: San Jose(#1)-$708,600; San Francisco(#2)-$567,400; Los Angeles(#5)-$326,300; San Diego(#7)-$312,300.

Source: Wall St. Journal, June 21, 2000
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It's all too easy for projects to claim that they will be successful places, and all too hard to tell ahead of time which ones actually will.