19% of California houses are owned by investors

Re:19% of California houses are owned by investors by mandevil on Wednesday August 06, 2025 @04:01PM (#44816979)

Seeing Hawaii, Alaska, Vermont and Wyoming at the top makes me wonder if their definition of "investor-owned" is actually picking up vacation houses/second homes? Just those are all small states with significant vacation housing markets, wonder if that is driving things here.

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Re:19% of California houses are owned by investors by jimbokun on Wednesday August 06, 2025 @04:03PM (#44817013)

Well obviously those would be included. Anything that’s not owner occupied.

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Re:19% of California houses are owned by investors by mandelbrotwurst on Wednesday August 06, 2025 @04:14PM (#44817154)

The article does state they were included, but is it "obviously" true that they should be? Who is more of an "investor", someone who purchases a primary residence to build equity or someone who purchases a second home to vacation in, spending large amounts of money to maintain it and allowing it to sit empty for large amounts of time?

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Re:19% of California houses are owned by investors by jimbokun on Wednesday August 06, 2025 @11:45PM (#44820375)

The latter.

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Re:19% of California houses are owned by investors by mandelbrotwurst on Thursday August 07, 2025 @10:30PM (#44832798)

In what sense? An investor seeks a return on their investment. The former achieves this. The latter spends money for pleasure. I suppose you could argue that they are an investor seeking non-monetary return, but in that sense everyone is equally an investor, just with different goals.

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