STREET BEAT: ‘Is the American dream of homeownership dead?’

Melvin Stokes

Belflower

“It’s lying dormant right now. Once more money starts circulating and the interest rates go down, … more people will start to own their own home.”

Malcolm Stokes

Upland

“I believe that it’s well and alive for those that take the time and are patient and don’t just get a house to have a house but get it for generational wealth.”

Kameishia Wooten

Sherman Oaks

“No, however, it’s gotten out of control with corporations coming in and buying single-family homes.” 

Candace Patrick

Burbank

“Homeownership is costly. I like the convenience of living in an apartment. Right now, I would just like to live in an apartment that has good management.” 

Compiled by Cynthia Gibson in Beverly Hills.