The dream of homeownership is still alive for California renters, C.A.R. survey finds

Published Monday, December 3, 2018 11:00 pm

LOS ANGELES (Dec. 3) – Despite affordability challenges, California renters continue to hold homeownership in high regard and aspire to purchase a home eventually, according to a consumer survey released by the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) today.

C.A.R.’s 2018 State of the California Consumer Survey, which examines the attitudes and behaviors of real estate consumers, found half of California renters rated homeownership as very important or extremely important, and that four out of five renters want to own a home someday.