Now, this is odd, isn’t it?
California’s rate of homeownership continued a years-long slide in 2012 and is now the second lowest in the nation, according to a new Census Bureau report.
Just 54.1 percent of Californians lived in homes during the last quarter of 2012 that they or their families owned, the Census Bureau reported. Only New York, at 53.1 percent, had a lower rate.
The top five states ranked by percentage of home ownership, fourth quarter 2012:
- West Virginia
- New Hampshire
And the lowest percentage (worst first):
- District of Columbia
- New York
Make of that what you will. Before I saw the actual Census Bureau report, I assumed that the top and bottom groups would break out mostly along red and blue lines, but that didn’t turn out to be the case. Sure, all five of the bottom feeders, including the two most populous states in the country, went for Obama, in most cases heavily.
But one doesn’t think of Michigan, New Hampshire, or Delaware as being big basions of conservative politics or economic policy, either.