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> California ... we have affordable housing California is 2nd to Hawaii in home prices and more importantly, payment to income ratio https://www.fool.com/the
by bdcravens 5y ago
> California ... we have affordable housing
California is 2nd to Hawaii in home prices and more importantly, payment to income ratio
https://www.fool.com/the-ascent/research/average-house-price-state/ https://www.fool.com/the-ascent/research/average-house-price...
California has the 2nd lowest percentage of home ownership, and is among the highest decline in home ownership over the past 15 years.
https://ipropertymanagement.com/research/homeownership-rate-by-state https://ipropertymanagement.com/research/homeownership-rate-...
- ralusek 5y agoI meant that we have government subsidized housing all over the country. California has its own problems related to supply constrained housing, but I don't understand why the expectation should be that anyone is entitled to live in one of the most desired locations on the planet. You don't have to retire in California.
- bdcravens 5y agoSorry, that wasn't clear to me. In that case, I agree 100%