Press Coverage

March 4, 2016
by Riley McDermid
San Francisco Business Times

Three new studies show that although California has one of the highest rates of job growth in the country, its cost of housing and high-wage jobs could push lower earners out of the state as they seek someplace more affordable.

The three reports – Current State of the California Housing Market, California Migration and California Employment by Income– were commissioned by San Francisco-based nonprofit Next 10 and prepared by Beacon Economics.

March 3, 2016
by Ben van der Meer
Sacramento Business Journal

Builders have said for years that Sacramento and California as a whole weren’t building enough new housing to meet demand. A new report released Thursday is now saying the same thing — and warns of consequences for the state's economy if things don't change.

March 3, 2016
by Kevin Smith
Daily Bulletin

California boasts some of the highest wages and fastest rates of job growth in the nation but high housing costs are pushing many people out of the state, according to a trio of reports released Wednesday.

The reports from Beacon Economics in Los Angeles address “Employment by Income,” the “Current State of the California Housing Market” and “California Migration.”

March 3, 2016
by Stephanie Martin Taylor
California Report

 

March 3, 2016
by George Avalos
San Jose Mercury News

California's boom in high-wage jobs, such as those in the tech sector, has shoved housing prices skyward and threatens to squeeze low- and middle-income wage earners out of the Golden State, a report released Wednesday warned.

Those disturbing findings were contained in new research compiled by Beacon Economics and commissioned by Next 10, a San Francisco-based think tank.

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