So. CA Reverses National Housing Trend

Nationwide, home ownership rose to 66% last year. But in Los Angeles, only 38.6% own their homes. Only NYC has more renters.

1 minute read

November 30, 2001, 12:00 PM PST

By Gwen Hilburn

Some call it a crisis requiring an immediate solution. Home ownership creates community stability. Renters are less secure economically and personally. In LA the low ownership rate includes a lack of policy on housing, as well as the massive population growth. Other So. CA counties have rates of home ownership that reflect the national level.

Thanks to Gwenn Hilburn

FULL STORY: L.A. Becoming City of Renters

Thursday, November 29, 2001 in The Los Angeles Times

Housing California

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