With a series of programs recently launched intending to boost home ownership in the state, a newly released study analyzing U.S. Census Bureau data shows California with the lowest rate in the nation.
When comparing owner-occupied housing units to the state’s populations, Ruby Home Luxury Real Estate—a firm specializing in high-end properties in Southern California—concluded April 7 that California’s homeownership rate of 18.35 percent ranks last, with Maine’s 32.71 percent leading the pack.
West Virginia and Vermont accompany Maine at the top of the scale, with the three separated by a fraction of a percentage point, according to the study emailed to The Epoch Times….