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A new California gold rush for homeowners, the poorhouse for renters

11/27/2017 7:27 AM | Margaret Fulton (Administrator)

By Steve Lopez

Today, home ownership in California is the best investment any of us will ever make, thanks, in large part, to a scarcity of housing. The pace of construction has not kept up with population grown and demand, so those of us with houses own a staggering amount of equity wealth that grows even as those without homes pay a higher price for survival.

Read More: http://www.latimes.com/local/california/la-me-lopez-equity-wealth-20171126-story.html

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