Here’s what California’s candidates for governor had to say about home ownership
California’s high housing costs mean more than 80% of families can’t afford a median-priced home in this state, where the price tag hovers around $900,000, the president of the California Association of Realtors said during a forum with several of the candidates for governor.
As a result of being forced to delay their dreams of homeownership as they scrimp to save for a down payment, the average age of first-time home buyers in this state is approaching 40 years old, she said.
“For generations...