The Ernest Borgnine estate in the Beverly Crest area of LA is listed at US$3.395 million. Photo: MCT

California leads US housing market out of bust that it began

'Golden State' that led the US market into the abyss with reckless subprime lending is now at the forefront of national housing recovery

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The Ernest Borgnine estate in the Beverly Crest area of LA is listed at US$3.395 million. Photo: MCT
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