California’s homeownership rate hits 8-year high

The latest news on homeownership can be seen through two prisms.

If you’re a glass-is-half-full type, you’d note that California’s ownership rate ended 2018 at an eight-year high.

The glass-is-half-empty personality, however, would focus on the fact that the share of California’s residents living in their own home is topped by 48 other states.

Fresh fourth-quarter Census figures show56 percent of California households lived in residences they owned — the highest state ownership...

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