Housing Policy Reform: Economic Policy Challenges Facing California’s Next Governor | Hoover Institution

Housing Policy Reform: Economic Policy Challenges Facing California’s Next Governor | Hoover Institution: California is ranked forty-ninth in housing affordability. According to Zillow, the median home value in California in July 2018 was $541,800, compared to the national median price of $218,000, which is a premium of about 150 percent over the national average. Only Hawaii and Washington, DC, have higher median home values than California.