Re:19% of California houses are owned by investors
by dgrcode on Wednesday August 06, 2025 @04:56PM
(#44817751)
I think the 81% group would also include unocuppied houses, right?
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Re:19% of California houses are owned by investors
by taeric on Wednesday August 06, 2025 @05:48PM
(#44818244)
I have to confess I'm not sure. :( Searching for vacancy rate shows that is around 9%. I would expect these are owned by someone, though, such that I don't know why they would not be counted as investments?
Doing the same search for "owner occupied" shows only around 50%, though. I don't know where to get the data that teases apart housing units and standalone houses.
Re:19% of California houses are owned by investors
by tptacek on Wednesday August 06, 2025 @07:33PM
(#44819068)
Where are you seeing 9% vacancy rate in California? According to FRED, the current rental vacancy rate in CA is below 5, and the current home vacancy rate is below 1.
Re:19% of California houses are owned by investors
by taeric on Wednesday August 06, 2025 @07:37PM
(#44819096)
Hmm... I thought I just took the basic google, but that seems to give a different result now. Maybe I just fat fingered copying into here, not sure.
I know that my main assertion there was it was a relatively lower number. Adding it to the 19 of this story would still leave owner occupied higher than 50ish. Such that I clearly need help to put a lot of this together.