California's Home Prices At An All-Time High
17 June 2005 - 8:00am
The lack of affordable housing is reaching epic proportions all across the state.
"The statewide median price of houses and condominiums the point at which half sell for more and half for less reached $424,000 in April, up $63,000 in 12 months, according to DataQuick Information Systems."
Full Story:
Home Prices Statewide at Record Level
Source:
The Los Angeles Times, June 15, 2005
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Public transit has suffered from an economic mis-focus, and ironically enough, it has only worsened perennial problems like chronic underfunding and running incomplete systems that can't compete with the private automobile.
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