Take Two for June 2, 2014

California housing remains unaffordable for poorest residents

Housing Report Suggests Rising Rents Could Lead To Home Market Turnaround

Justin Sullivan/Getty Images

For years California's housing market has been one of the most expensive in the country, and the economic downturn made houses even less affordable for the state's poorest residents.

That's according to a new report from the California Housing Partnership Corporation, a non-profit group set up by the state to increase the supply of affordable homes.

Matt Schwartz is the group's CEO, and he joins A Martinez to talk about realizations in the report.
 


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