What is Happening with Home Inventory and Pricing?
Posted by Paul Burrowes on
Who wouldn't want to buy one of those Santa Cruz real estate listings? Redwoods, other forest species, a gorgeous beachfront, enjoyable outdoor sports, and a friendly local population make this region appealing to a wide range of investors. But all these attractions are also contributing to the demand exceeding supply, driving up prices and making housing here highly costly.
Inside this Article:
- Why is there a housing shortage?
- Governance and Political Issues
In fact, according to UC Santa Cruz research, four out of 10 renters allocate more than 50% of their income to rent. Let's explore this matter in more detail.
Why is there a housing shortage?
While Santa Cruz's buyers may perceive insufficient inventory as an…
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