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Week of May 3rd-Why California faces 'lost generation' of homebuyers

May 3, 2015

California faces 'lost generation' of homebuyers in millennials, California Association of Realtors CEO says - Sacramento Business Journal

The slow pace of homebuilding will hurt California by driving millennials out of state to buy, according to the CEO of the California Association of Realtors.

 

 

“They’re not going to be a ‘lost generation’ in terms of housing,” Joel Singer of CAR said after a lunch presentation Thursday. “They’re going to be a lost generation for California.”

 

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