California Losing Momentum as High-Tech Hub, Housing Hot Spot: Analyst

A view of San Francisco, in this file photo. Don White/Getty ImagesWith net population outflows and a slowing pace of company formation in advanced industries in recent years, California is losing momentum as a long-standing high-tech hub and, by extension, a housing hot spot, according to a recent report from Chapman University.Conversely, new high-tech hubs and housing hot spots are emerging.