California Housing Prices Driving Away Younger Population

A quarter of all Californians are considering moving to bring down housing costs.

1 minute read

November 19, 2004, 12:00 PM PST

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


"A fourth of all Californians are thinking about moving — either out of state or just to another town — to bring down their housing costs, a new survey shows.

High rents and rising home prices have residents, particularly younger ones, rethinking the value of the mountain views and ocean shores they say they treasure. Of the respondents under 35, for example, nearly half say they might relocate to somewhere cheaper. "

Thanks to Shelby Chamberlain

Thursday, November 18, 2004 in Yahoo! Newswire

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