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flag USC study shows LA County and California struggle with housing affordability and lower homeownership rates post-recession.

flag A USC study reveals that despite economic recovery in Los Angeles County and California post-Great Recession, housing affordability and homeownership rates lag. flag House values are 11-13% below pre-recession peaks, creating a financial burden for new buyers. flag Homeownership rates have dropped, with younger people and racial minorities, except Asian households, facing the greatest challenges.

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