Expanding Homeownership in California
Related Programs:
California Asset Building
California Asset Building
California ranks second to last (ahead of New York) among US states in the percent of households who own their own homes (2005 ACS). Only 57% of Californian households are homeowners, compared to over 70% nationally. As Figure 1 illustrates, this current gap is representative of a persistent growing trend; as homeownership rates have risen nationally, California has failed to keep pace.











