Why First-Time Buyers Can’t Find Homes Anymore in California | Tia Patterson
About this episode
Tia Patterson discusses the challenges first-time homebuyers face in California's housing market and the impact of past policies.
California’s housing costs are more than double the national average, and the inventory of homes people can actually afford to buy keeps shrinking. Hundreds of laws have been passed. The entry-level home has largely ceased to exist. So what actually changed? The redevelopment system California dissolved over a decade ago did more than move money. It created a framework for local collaboration, predictable financing, and anti-displacement protections built up over 60 years. What replaced it, Patterson argued, was built on different assumptions entirely. Tia Patterson, president and CEO of the California Community Reinvestment Corporation, joined the show to explain what the conversation about California housing keeps missing. *Views expressed in this video/article are opinions of the author and do not necessarily reflect the views of California Insider.
Topics covered
- housing market
- first-time buyers
- California
- affordable housing
- real estate laws
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