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The Housing Crisis in California and Beyond: An Insider's Expose

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The author came to the US in 1962 from Taiwan and worked for $1 an hour while federal minimum wage was $1.15 an hour. By 1969, he got a Master of Science Degree, a Ph.D. in Statistics and a teaching job at California Polytechnic State University in San Luis Obispo, CA. He bought his first house in October 1972 in the town. He predicted that housing prices in California would rise rapidly, as he and his wife quickly jumped into housing business. By 1979 they built two apartments, got Califor...