A fifth of California homes are investor-owned as state’s affordability crisis deepens – report
by Cy Neff from Economics | The Guardian on (#6YWBZ)
New figures show that the Golden state's rate of investor-owned homes is 19%, with mountain regions up to 83%
One in five homes in California is owned by investors, new data reveals, in the latest sign of an affordability crisis that shows no end in sight.
The figures, which come from the data tracker BatchData and were analyzed by the Orange County Register, show that California's overall percentage of investor home ownership sits at 19%.
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