Recent Home Price Escalation Raises New 'Affordable' Housing Questions

The average home price in California topped $400,000 in June. This news stimulated the now-familiar headlines about how even beat-up tract homes from the ’60s have become unaffordable for middle-class families. It’s getting to the point that a six-figure income does not guarantee homeownership.

But what does this do for the more traditional “affordable” housing that we in California have supposedly been fighting about for the last several decades – housing not for the middle class but for low-wage worke

Price: $2.95