To save you a click, 19% is actually
not a lot (I thought it was):
> 19% of California houses were owned by investors, ranking No. 36 among the states and just below the 20% national norm.
States with the highest share of investor-owned houses:
> Hawaii at 40%, Alaska at 35%, Vermont at 31%, West Virginia at 30%, and Wyoming at 30%.
States with the lowest are all in the Mid-Atlantic and lower New England:
> Connecticut at 10%, Rhode Island and Massachusetts at 12%, and Delaware at 13%.
Why so low in California (again, I'm baffled that this is "low")?
> the sky-high price tag for single-family homes, the third-highest nationally at $866,100
> 19% of California houses were owned by investors, ranking No. 36 among the states and just below the 20% national norm.
States with the highest share of investor-owned houses:
> Hawaii at 40%, Alaska at 35%, Vermont at 31%, West Virginia at 30%, and Wyoming at 30%.
States with the lowest are all in the Mid-Atlantic and lower New England:
> Connecticut at 10%, Rhode Island and Massachusetts at 12%, and Delaware at 13%.
Why so low in California (again, I'm baffled that this is "low")?
> the sky-high price tag for single-family homes, the third-highest nationally at $866,100