Something broke in California in the 1970s, and its housing market was never the same.
In the decades since, the Golden State has grown into a gross exaggeration of every other state, complete with a housing crisis that is threatening to metastasize across the rest of the country. Its extremes are written across its largest city, Los Angeles, home to miles of posh gated communities where homes sell for hundreds of millions as well as the country’s largest skid row.
