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Los Angeles has the lowest homeownership rate in the entire country and rental Armageddon continues.

Los Angeles County continues to have the lowest homeownership rate of any large metro area in the country.  This is across all data.  Los Angeles County has 10 million people while the larger LA-OC MSA includes 13 million since it brings in Orange County.  Any way you slice the data, Los Angeles is simply not […]
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The homeownership rate in the U.S. fell in the first quarter of 2012 to 65.4% (see chart above), according to data released today by the Census Bureau. That was the lowest homeownership rate in 16 years, since the 65.1% rate in the ...

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