We discuss one of the likely consequences of rising California housing costs: intergenerational differences in homeownership and housing costs.
Our office's 44-page report, videos, and infographics on one of the state's most significant economic issues, housing costs.
We provide data on housing markets in California communities outside of the state's major metro areas.
Since the early 2000s, median housing costs in California have increased faster than median incomes. During the last several years, though, the gap between these two has narrowed. This overall improvement is largely attributable to falling housing costs for homeowners, while the gap between renters' incomes and their housing costs continues to widen.
Across the state, Californians spend more of their income on housing compared to residents in other states' metropolitan areas.