Stockton: The town the housing boom broke

NEW YORK/STOCKTON, California (Reuters) - For decades, Stockton, California suffered a civic inferiority complex. Los Angeles had celebrities and sunny beaches. San Francisco was awash in tech futurism and post-pubescent billionaires. Stockton was the polyester, buy-generic cousin, a dingy commercial hub for Central Valley farms that was just far enough from the San Francisco Bay area to be an irrelevance for the state's coastal elites.

Source: http://feeds.reuters.com/~r/Reuters/domesticNews/~3/xcPU9fTUkfo/us-usa-economy-stockton-idUSBRE82I0EJ20120319

top news world news domestic news summit news sports news make money