Housing and the California dream are at a crossroads

“The Plains of Id, urbanophiles might sniff. Can anything good come from suburban Nazareth? Yes, the suburbanites were responding. Everything good was coming from this Holy Land: a house, a job, the quiet enjoyment of one’s premises …” — Kevin Starr, Coast of Dreams, 2004

For generations, California has offered its people an opportunity to own a home, start a business, and move up, whether someone came from Brooklyn, east Texas, Morelos or Taipei. That deal is still desired by...

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