HOMEOWNERSHIP LARGELY OUT OF REACH FOR MANY CALIFORNIANS

Date February 25, 2008

In every county across the sate, the income needed to buy a median-priced home in California has surpassed the median household income, according to the results of a study released earlier this month by the California Budget Project.
According to the report, more than 43 percent of all California households are renters, and nearly a quarter [...]

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