China Financial Daily

Stockton: at the top list of “Forbes” ten tragic citied in the United Stated
Stockton, is on the lead list in the “National Top Ten tragic city” promulgated by “Forbes”. The list was mainly due to after the current round of American real estate bubble burst in Stockton, the continuing decline of housing prices would down the level in the mid 1990s. In Bay Area adjacent to Stockton with high-tech companies gathered in San Francisco, substantial influx of Silicon Valley of people enable the rapid population growth in Stockton. The growing population so that in Stockton has been also steadily rising housing prices, from 1998 to 2005, with the Stockton real estate prices over 3 times.

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