STREET BEAT: β€˜Is the American dream of homeownership dead?’

Melvin Stokes

Belflower

β€œIt’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

β€œI 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

β€œNo, however, it’s gotten out of control with corporations coming in and buying single-family homes.” 

Candace Patrick

Burbank

β€œHomeownership 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.