"California's homeownership rate is among the lowest in the United States, with only 43.5% of adults owning their home in 2021. This is more than 15 percentage points lower than the rest of the country, and the largest gap ever recorded. The rate has been dropping, especially among younger adults: 25–35: 15% in 2021, down from 25% in 2000 35–45: Less than 40% in 2021, down 10 percentage points from 2000 25–75: 43.5% in 2021, down from almost 50% in 2000 "
AI said on Google.
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