Commentary
Solving California’s housing crisis demands action. These steps will help
California’s 4.2 percent unemployment rate is at a 10-year low. Wages are accelerating at their fastest pace in nearly a decade. But prospective home buyers continue to see sticker shock, with median prices still hovering in the $530,000 range. The affordability problem must be addressed and fast if California is to remain a place where middle class people can live.
