High home prices forcing California exodus?

According to a new survey by the Public Policy Institute of California in collaboration with the Hewlett, Irvine and Packard foundations, many Californians are worried about the high price of California homes.

A whopping 49 percent of respondents to a recent survey thought that rising real estate prices were bad for their families. Whereas only 41 percent thought it was good.

Most worried respondents fear that their children will be unable to afford to purchase a home in California with such high housing costs. More importantly, a quarter of them are considering moving from the state because of such high real estate prices.

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