REAL ESTATE NEWSLETTER: Get our free ‘Home Stretch’ by email.Just 50% of Californians held the same view five years ago.Īt the same time, 72% of Californians said they are satisfied with their household’s financial standing and 54% of likely voters said they approved of Governor Gavin Newsom’s handling of jobs and the economy. The 71% of adults who share the grim outlook is a record high for the survey, which is in its 25th year.
Seven out of 10 Californians think kids growing up in the Golden State will be financially worse off than their parents, according to a statewide survey by the Public Policy Institute of California.
