A Future Without Homeownership?
Congress Must Act Now.

California’s housing crisis isn’t just a policy issue—it’s a personal one. It’s about families struggling to put down roots, young professionals unable to afford their first home, and middle-class workers being priced out of the communities they serve.

Skyrocketing housing costs are driving the dream of homeownership out of reach. The monthly payment for a median-priced home in California now exceeds $5,000. For entry-level homes, costs have surged 88% since 2020—a reality that is shutting out first-time buyers.

It shouldn’t be this hard to buy a home. In 2024, purchasing a mid-tier California home required an income of $231,000—more than double the state’s median income. Even the most affordable homes required $142,000, nearly 50% more than the median income.

If Congress doesn’t act, an entire generation will be left behind. Homeownership is the foundation of the American Dream—the key to stability, wealth-building, and strong communities. But without action on critical tax policies, that dream is slipping away.

Tell Congress: It's time to make homeownership possible again.

Now is THE opportunity to change direction. As Congress revisits the federal tax code, there is an opening to take the bold action needed to ensure that homeownership isn’t just for a select few. Here are the California Association of REALTORS®’ suggestions for reform:

HOUSING FOR

CALIFORNIA

A Future Without Homeownership?
Congress Must Act Now.

California’s housing crisis isn’t just a policy issue—it’s a personal one. It’s about families struggling to put down roots, young professionals unable to afford their first home, and middle-class workers being priced out of the communities they serve.

Tell Congress: It's time to make homeownership possible again.

Now is THE opportunity to change direction. As Congress revisits the federal tax code, there is an opening to take the bold action needed to ensure that homeownership isn’t just for a select few. Here are the California Association of REALTORS®’ suggestions for reform:

A Future Without Homeownership? Congress Must Act Now.

California’s housing crisis isn’t just a policy issue—it’s a personal one. It’s about families struggling to put down roots, young professionals unable to afford their first home, and middle-class workers being priced out of the communities they serve.

Tell Congress: It's time to make homeownership possible again. ​​

Now is THE opportunity to change direction. As Congress revisits the federal tax code, there is an opening to take the bold action needed to ensure that homeownership isn’t just for a select few. Here are the California Association of REALTORS®’ suggestions for reform:

A Future Without Homeownership?
Congress Must Act Now.

Tell Congress: It's time to make homeownership possible again.