30-04-2025 17:39 via ocregister.com

Will California’s low homeownership ever get fixed?

How can California improve its lowly homeownership rate? Maybe build fewer apartments.
That’s a novel conclusion I drew from my trusty spreadsheet’s look at homeownership stats weighed against building permits data dating back to 1988 for the 50 states.
The math shows that residential construction is more heavily focused on single-family housing in the states with the highest homeownership rates. “Build it and they will buy” might be the operating philosophy.
But these sa
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