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Economy / Housing #700644

ABC Evening News for Sunday, May 26, 2002
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(Studio: Carole Simpson) New home sales and home prices cited.

(Los Angeles: Neal Karlinsky) The social and economic impact of the rising cost of homes in big cities featured. [Home seeker Jennifer DAVIS - cites housing costs.] [Permanente Medical Group Dr. Robert PEARL - says doctors cannot afford homes.] [Dr. Frieda DREHER - comments.] [Brookings Inst. Bruce KATZ - says the home ownership pressure worsens urban sprawl.] [California Assn. of Realtors Leslie APPLETON-YOUNG - says affordability can impact economic growth.]

Reporter(s):
Karlinsky, Neal;
Simpson, Carole
Duration:
00:02:20

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