Over the last five years, the housing market in Southern California has remained very dynamic with a significant number of households changing residence, but high and rapidly increasing housing prices have created barriers to home ownership. A 2005 survey sponsored by the UCLA Ralph and Goldy Lewis Center for Regional Policy Studies found that nearly two-fifths of the residents in this region have encountered difficulties in finding affordable housing while actively looking for housing. Moreover, a majority of the residents do not believe that local government is doing enough to provide affordable housing.
