19% of California houses are owned by investors
Briefly

California ranks No. 36 in the nation for housing investor activity, with only 19% of homes owned by investors, below the national average of 20%. The state, while having the second most investment homes at 1.45 million, has a significant rental market with 45% of households living in rental units. Investors have increased their portfolios by 11% since 2020, despite high home prices. The low investor share may be attributed to the state's steep housing costs, rather than a lack of demand for rental properties.
In California, investors own 19% of homes, ranking it No. 36 among states and below the 20% national average, reflecting low investor activity relative to other states.
Although California has a low investor ownership percentage, it ranks second in the number of investment homes, with 1.45 million shared among investors.
Since 2020, investors in California have expanded their portfolios by 11%, with an increase of 143,747 houses added despite high home prices.
Despite being a significant rental market with 45% of households not owning, California's high home prices deter many investors from acquiring properties.
Read at The Mercury News
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