Big landlords just 28% of California’s rental market - News Summed Up

Big landlords just 28% of California’s rental market


Fuzzy math: Are giant landlords given too much credit – or blame – for what goes on in the rental market? AdvertisementToplineThe largest California rental complexes, those with 20 or more units, were home to 1.65 million households in 2022. But big complexes in California hold nowhere near the slice of renters compared with states where giant landlords dominate. Single-family: California’s renter households in one-unit properties are also a larger group than those living in the big complexes. Bottom lineOwners of larger apartment complexes, typically big institutional investors, control a small and perhaps influential slice of the rental market.


Source: thestar December 31, 2023 16:45 UTC



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