Generation Locked Out: Is Homeownership in California Now Only for the Rich

DescriptionThe housing market soared during the pandemic as low mortgage interest rates drove home buying and families sought space to work remotely. The recent decline in home prices masks a new reality: high mortgage costs have left the state more unaffordable than at any time since the last boom. CalMatters reporter, Alejandro Lazo, moderates a thoughtful conversation about housing affordability in California. Our panelists will address the affordability crisis and potential ways to increase access for first-time homebuyers, especially for people who have been historically locked out of the market. This conversation features UC Berkeley Professor Carolina K. Reid, Konstantin Hatcher of California YIMBY, Adam Briones of California Community Builders and Ellen E. Martin, Director of Homeownership for the California Housing Finance Agency.
DateAugust 8, 2023