The Christian Science Monitor has a good article on the California housing market. It could be another year before the market bottoms out here, but any drop in home values here isn’t going to make housing affordable for the average Californian. In some parts of the state that made suburbia famous, the days of single family housing construction are over.

This entry was posted on Sunday, March 11th, 2007 at 8:14 pm and is filed under blog, economics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.