A lack of housing isn’t just a problem for the construction and real estate industries, according to Joel Kotkin, a presidential fellow in urban futures at Chapman University in Orange. On a statewide scale, it also threatens to turn California into a majority renter state, and push many middle-class residents — particularly millennials — to move elsewhere, he said in a presentation to California Association of Realtors members at a conference Tuesday at the Sacramento Convention Center. Here…from DIYS http://ift.tt/2oXBRiR
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