Home price inflation is the engine of wealth inequality in America. Nowhere is this more evident than in California, where roughly 30% of household income goes toward housing — far above the national average. When adjusted for cost of living, California holds the highest poverty rate in the nation. Nearly one in five Fresno County households spend more than half of their income on housing. Our state’s housing shortage and the policies that worsen it are not abstract political debates; they shape whether working families can ever afford a place to call home.

The sign of economic growth of a community is not its GDP – it’s the housing affordability. Today the average age of a first-time home buyer is 40! This compares to an average age in the high 20s a few decades ago.

A recent study by A

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