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Want to Get Rich in California? Buy a House if You Can Somehow Afford One

One of California's many socioeconomic divisions is homeownership. California has the nation's second-lowest percentage of residents living in homes that they or their families own — 55.5%, one percentage point higher than New York. But those owners are sitting on immense equity, roughly $2 trillion, thanks to the state's highest-in-the-nation...

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