“California Is America’s Poorest State?”

And yet, property values are some of the highest in the country.

Go figure.
 
Economy of California - Wikipedia, the free encyclopedia

California's economy is the eighth largest economy in the world (2011),[7] if the states of the U.S. were compared with other countries.[8][9] As of 2010, the gross state product (GSP) is about $1.9 trillion, which is 13.06% of the United States gross domestic product (GDP).[10] The state's GDP growth rate slowed to 0.4% in 2008 after having grown 3.1% in 2006 and 1.8% in 2007.[11]
 

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