Insight: California Needs More Housing -- But It's Not As Simple As Supply and Demand
Description
Amid all the alarming news about housing in California, here’s the one piece of information that really stands out for me:
The average home price in the United States is about $180,000. The average home price in California is about $440,000. Not just in San Francisco, or Oakland, or Los Angeles, or Orange County, or San Diego. The entire state.