In the 1960s, 50% of 25-35 year olds in CA owned their own home. Today, 54% of Californians aged 18-34 live at home with parents or family.https://twitter.com/mj_coren/status/859415018315579392 …
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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Kim-Mai Cutler Retweeted Michael J. Coren
In the 1960s, 50% of 25-35 year olds in CA owned their own home. Today, 54% of Californians aged 18-34 live at home with parents or family.https://twitter.com/mj_coren/status/859415018315579392 …
Kim-Mai Cutler added,
Hi: You're comparing different demographics and different stats. Can you please try again.
Here's a chart. Have fun: http://www.lao.ca.gov/Publications/Report/3497#Does_Proposition.A013_Increase_Homeownership.3F …pic.twitter.com/I9RfrhMi5L
How about this one? http://www.lao.ca.gov/LAOEconTax/Article/Detail/120 …pic.twitter.com/sU4JcTe0nk
Interesting but not surprising since wages have been basically flat and everything else has risen in price.
Well we could've built more housing or had a less regressive land use system.
That's also true. It's the same in Tucson. Extremely regressive.
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