Investors Snap Up 40% of California Homes, Boosting Prices
Irvine News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
California investors, particularly small players, dominated single-family home purchases last year, with 16% of deals. Despite lawmakers focusing on Wall Street giants, everyday investors drove up home sales, keeping prices stable. However, this boom has led to a debate on balancing rentals with homeownership dreams, as Californias homeownership rate remains low.
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