Special Survey On Californians And Their Housing: Housing Costs Lead Many Californians To Consider Moving

Here's a summary of a recent study by the Public Policy Institute of California with some disturbing findings:
SAN FRANCISCO, California, November 18, 2004 — Although Californians deeply value their quality of life in the Golden State, a surprising number say that the cost of housing could drive them away, according to a new survey released today by the Public Policy Institute of California (PPIC) in collaboration with the Hewlett, Irvine, and Packard Foundations... one quarter (24%) of Californians today say the cost of housing in their part of California is forcing them to seriously consider moving – to another part of the state or away from California altogether...About six in 10 California adults say they own their own home. Majorities of whites (71%) and Asians (59%) own their homes; majorities of Latinos (55%) and blacks (51%) are renters...Of those who say their home values have increased a lot, only 23 percent think they would be able to find another home to buy in their region.
Seventy percent of Californians would prefer to live in a single-family detached home, even if it means they have to drive to work and to travel locally.
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