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by AbrahamParangi 815 days ago
California has the lowest rates of home ownership in the country at 18%. More people are subsidizing the current system than are benefiting from it.
2 comments

You're way off. The California home ownership rate is 55%. But some other states are significantly higher.

https://www.census.gov/housing/hvs/data/rates.html

Apparently the stat I gave was the ratio of homeowners to Californians which is something like 18% and the lowest in the nation, but if we use the % of households which own their home we get something like 55% which is still very close to the lowest in the nation.
I feel like homeowners in California are giving more than they are taking overall.