A fifth of California homes are investor-owned as state’s affordability crisis deepens – report (www.theguardian.com)

submitted 1 week ago by lemmy_news@lemmy.wtf to c/economy@lemmy.world

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[-] canihasaccount@lemmy.world 6 points 1 week ago

Most of the problem is not driven by corporations:

Investors owing between one and five properties account for 85% of investor-owned homes, and those owning between six and 10 properties account for another 5%, bringing the total share of small investor-owned homes to about 90%.

It's boomers.

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this post was submitted on 27 Jul 2025

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