The Brief

When new parents say they feel like buying a house in Los Angeles is becoming increasingly impossible, they’re not exaggerating. Federal data shows they’re right.

No American city shuts millennials with kids out of homeownership more than L.A.

Millennial parents in Los Angeles own less than 10% of family-sized homes — those with at least three bedrooms. Instead, large homes in L.A. are two-and-a-half times more likely to be owned by empty nesters in the baby boom generation.

That’s according to a recent report from the real estate company Redfin. Researchers analyzed U.S. Census data and found that 23.7% of L.A. metro area homes with three bedrooms or more are owned by people aged 58 to 76 with no children at home. In contrast, parents aged 26 to 41 own just 9.4% of those L.A. homes.

“The gap is so pronounced in Los Angeles because the supply shortage is so pronounced,” said Daryl Fairweather, Redfin’s chief economist. “Because of the scarcity, it's like if a baby boomer is occupying a home, that’s one less home that a millennial with kids could occupy.”

This divide exists nationwide. But the Redfin study reveals that young parents in L.A. are faring the worst. They’re even less likely to own a family-sized home than their peers in cities like San Francisco and New York, where millennials with kids own 10.9% and 11.8% of large homes respectively.

‘Inertia’ keeps L.A. homeowners in place

These statistics raise a high-stakes question for L.A.’s young parents: Why aren’t older homeowners downsizing? When their kids grow up and leave home, why aren’t baby boomers in L.A. selling their houses to families who actually need the space?

Dowell Myers, a University of Southern California urban planning and demography professor, says L.A. gives homeowners plenty of reasons to stay put. Their home values continue to grow rapidly. And California’s Prop. 13, which voters passed in 1978, keeps property taxes low for long-term homeowners.

Myers said, “Your value is appreciating the longer you procrastinate. You're protected from taxes. Then, on top of that, you're protected from having to buy a new house with a new mortgage at a higher [interest] rate. Those are all killer incentives.”

Californians are also living longer. Many are working longer too. Unlike their counterparts in colder states, they enjoy weather that gives them little reason to seek better climates in their golden years. Florida sunshine does not beckon Southern Californians.

“The number one reason why people don't move is just inertia,” Myers said.

Where older homeowners have gained, younger Angelenos have lost. Skyrocketing home values mean few millennials can afford to buy a house today. Some are getting financial help from their parents, but not all Angelenos have relatives who can assist with down payments.

Thirty years ago, a median-priced L.A. County home cost about five to six times the median household’s annual income. Today, those homes cost more than 10 times the median income.

Baby boomers to the rescue

Some older homeowners are realizing that unless they start to share all that accumulated wealth, their adult children could be forced to leave L.A.

In 2020, Rose Liebermann saw her daughter Natasha Gershon, 38, struggling to house herself and her two kids after a divorce. Gershon had been caring for her autistic son as a stay-at-home mom. Without proof of steady income, landlords were reluctant to accept her. She ended up needing to pay an entire year’s worth of rent up front to secure a three-bedroom home.

“Her needing to basically deplete any financial cushion she had to get a rental — to just get a place for her to have a roof over her head — it was excruciating as a parent to witness that,” Liebermann said. “It became clear that we had to come up with a solution.”

That solution came in the form of an accessory dwelling unit, or ADU, in the backyard of a home Liebermann purchased in the West Hills neighborhood of L.A.’s San Fernando Valley in 2021. She now lives in that recently constructed ADU while Gershon raises her kids in the main home.

“I'm very, very lucky because my mom stepped in and really gave up her entire life to allow us to have a permanent residence,” Gershon said. “Without her, I really don't know what my housing situation with the kids would look like.”

Natasha Gershon and her mom Rose Liebermann sit in the living room of the West Hills home where Gershon lives with her children.

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The move was made possible by Liebermann selling her previous home in Granada Hills. She and her then-husband purchased it in 1987 for about $160,000. She raised Gershon there, and said she wouldn’t have left if her daughter hadn’t needed help. It sold for over $900,000.

“It's mind-boggling,” Liebermann said of her previous home’s skyrocketing value. “And it's a tragedy for all the young people in L.A.”

Gershon recognizes that not everyone is lucky enough to have a home-owning parent in L.A. willing to pursue an ADU.

A 2023 report from the United Way of Greater Los Angeles found that L.A. County’s Black and Latino households had lower homeownership rates (33.5% and 39.1% respectively) than white and Asian households (53.9% and 54%). The report also estimated that white families own homes valued 1.65 times greater on average than those owned by Black families.

“What does it cost to get into the L.A. home market? It's sacrifice,” Gershon said. “But you have to have the resources and the ability to make those sacrifices. And that's definitely a privilege that a lot of people don't have.”

Are ADUs the new starter home?

State lawmakers passed bills in 2016 making it much easier to build ADUs across California. Homeowners in L.A. immediately responded by building thousands of new backyard homes, more than in other part of the state. In 2017, ADU permits grew almost 30-fold in the city of L.A. By 2018, ADUs accounted for half of all the city’s new housing.

Not all of those ADUs are helping millennial parents find a place to raise their kids. Some homeowners are renting out their ADUs for extra income. Others list them on sites like Airbnb. In some cases, they’re being built as work-from-home offices or exercise spaces.

But Jon Grishpul — co-owner of Maxable, a company that guides homeowners through the process of building an ADU — says these units can help millennials in other ways, even if they don’t have parents who already own a home in L.A.

For example, young families could purchase a home and rely on rental income from a backyard unit to help cover their mortgage. Or two millennial families could co-buy a property with the intention of constructing an ADU for one of the couples.

“The housing market was not made for [millennials] here in L.A.,” Grishpul said. “Something like an ADU solves many of those problems, because it's significantly more affordable than buying a new home.”

Natasha Gershon stands in the backyard of her West Hills home, which features an ADU for her mom and a playground for her kids.

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Multi-generational living is nothing new, and it remains normal for many cultures in L.A. But over time, homeownership became wrapped up in the California Dream, leaving many millennials feeling embarrassed about living with their parents into adulthood.

Gershon said when she was younger, she never pictured her mom living in her backyard. But now, she sees a big silver lining to her unexpected circumstances. There’s always someone nearby to help with child care. And her kids get to spend more time with their grandma.

“That's the biggest upside,” Gershon said. “When you’re living next to family, you have the benefits of family. I wouldn't change that aspect of it for anything.”

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How to have a voice on housing affordability

Joseph Babbitt of Springfield, Mo. has a pretty good deal when it comes to health insurance. He works as a senior financial controller for West Plains Veterinary Supply, which employs about 50 people and distributes pet food, toys and vet supplies across the region.

Like about 157 million Americans, Babbitt gets insurance through his job. Unlike most Americans, his job has exceptionally generous benefits. "Our owners are very nice — they give all of our employees healthcare and they pay for it," he says. The company offers several different plan options and covers most or all of the monthly premium cost.

So why, even with free premiums, does it still feel like health costs are way too expensive? "Everybody talks about healthcare and how much it's costing them," says Babbitt. He explains that even without monthly premiums, a high deductible can be brutal — that's the amount the patient has to spend out-of-pocket before the insurance company starts paying for doctors visits and procedures, etc.

Now age 60, he remembers a time when it wasn't so bad. "Back in the '90s, our deductibles were $250 [or] $500 — now they're $5,000," he says. "That seems like a lot."

"We are the only country on our planet that forces people into bankruptcy because they get sick," he adds.

The cost of a new car, every year

Healthcare costs are rising fast in the U.S., and even workers with solid healthcare benefits through work are feeling it, according to an annual survey of nearly 2,000 employers about their health benefits. The report was published Thursday by KFF, a nonpartisan health research organization.

"The average health insurance premium for a family of four is now $28,000, which is just a ton of money," says Matthew Rae, associate director for the Health Care Marketplace Program at KFF. "It's basically the cost of a new car every year just to keep a family of four insured." Of that total for family premiums, workers pay about $7,000 per year on average and employers pay the rest.

A glimmer of positivity is that the costs for plans isn't growing as fast as it has in years past, he explains. "We're seeing a 5% increase in family health insurance premiums, which continues a period of modest growth," he says. That increase is roughly on par with worker wages and inflation.

However, "a 5% increase on a big number is still a lot of money," Rae points out. Plus, the growth for the portion of the premium costs that workers pay was 9%. "If this is the beginning of a shift of costs onto workers, that would be a big deal in terms of affordability," he says.

"We are asking people to chip in a lot of money," Rae adds. "Many people are committing a big chunk of their income to health insurance."

The uninsured rate is rising 

Another report published Thursday demonstrates the way these high costs affect people's health. The survey, conducted every two years by the Commonwealth Fund, a nonprofit foundation that supports independent research, is entitled "The State of Health Insurance Coverage in 2026."

Even for workers fortunate enough to have health benefits, "about 43% of them said that they didn't get healthcare because of cost over the past year, and about 31% reported that they had medical debt," says Sara Collins, lead author of the report.

Another key finding was that the overall uninsured rate rose in the last two years. Collins says that's significant but not surprising, because of federal policy decisions like letting extra federal subsidies for people enrolled in Affordable Care Act plans expire, and people losing Medicaid after the pandemic emergency ended.

Federal data shows millions of people have lost health coverage already from either Medicaid or the ACA marketplaces. When work requirements take effect next year, millions more people are projected to lose Medicaid.

"There is a, I think, a strong feeling across the country that something probably does need to be done to the situation that people are facing in their health and health insurance — both on the cost side and then also on these coverage losses," Collins says.

"We asked people whether the federal government has a responsibility to ensure that all Americans have coverage and nearly three quarters said yes to that — that included about 45% of Republicans, 93% of Democrats and 76% of independents."

Copyright 2026 NPR

Mike Obedoza’s Lumpia Smash Burger begins with the flavorful marinade his mother uses for making lumpia, a crispy Filipino spring roll. He folds it into a beef patty, then tops it with a fried lumpia wrapper, creamy avocado slices and fresh jalapeño.

For Obedoza, who grew up in Carson as the son of Filipino immigrants and now resides in Tustin, the burger is more than a winning recipe. “This is me on a plate,” he said.

Fresh off back-to-back Best Burger wins at the Old Towne Burger Fest in Orange County, Obedoza has landed a residency at Grand Central Market in downtown L.A. as Banger Lumpia.

He attributes his current success to the broader Filipino American food moment happening in Southern California, from Lord Maynard Llera of Kuya Lord winning Best Chef: California at the 2024 James Beard Awards to other Filipino food business upstarts' local success, including San & Wolves in Long Beach.

Mike Obedoza works the griddle, making Filipino-American Smashburger dreams come true.

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“I’m one component of a whole movement that’s happening right now,” he said.

His residency closes this weekend as part of Filipino American History Month, capping off a whirlwind couple of months Obedoza doesn’t take for granted, especially the love he's received from his own community.

“We get a lot of Filipinos that pass by us glowing. … They’re stoked that there’s some Filipino representation,” he said.

Building the burger

Before Banger Lumpia, Obedoza’s pop-up was called Banger, and he folded Filipino flavors like sisig into tacos. Once customers learned the food was Filipino, they kept asking for the classics. “Where’s the lumpia? Where’s the pancit?” he recalled.

Since lumpia filling is marinated ground meat, a burger felt like the natural next step. Obedoza took the marinade from his mother’s lumpia recipe (onions, carrots, soy sauce and fish sauce) and worked it into an all-beef smash patty.

Back-to-back wins: Obedoza’s Lumpia Smashburger took home Best Burger at the Old Towne Burger Fest in 2025 and 2026.

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Jalapeño and avocado add a California finish. “It’s like this perfect blend of being Filipino and Californian,” Obedoza said.

The idea has deep roots in Southern California. Obedoza points to Kogi, the Korean taco truck Roy Choi launched in L.A., which Choi said drew on a kind of local terroir. “I don’t see mustard plants and sheep grazing,” Choi said in a 2014 CNN segment with Anthony Bourdain. “I see barbed wire and telephone poles.”

“It’s a representation of the soil we were raised in," Obedoza said. “I think the Lumpia Smash burger is just my version of that.”

From skater to chef

Growing up in Carson, Obedoza found his creative outlet in rollerblading, competing and filming for sponsors. His favorite skater was Jon Julio, a Filipino American legend of the sport. “That was big for someone, a Filipino growing up in America,” Obedoza said. “I can’t think of anyone else at that time that was a representation of that.”

Obedoza studied hotel and restaurant management at Cal Poly Pomona, where a broken ankle from a skate competition pushed him to get serious about cooking. After graduating in 2007, he completed an accelerated program at the Culinary Institute of America in Greystone in St. Helena. Then, in 2008, he took a trip to the Philippines with his dad that reshaped how he saw himself.

From the skate park to the griddle, Banger Lumpia’s Mike Obedoza puts his whole self on the plate.

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“In the States, I’m Filipino. But when I go there, I’m American,” he said.

Back home, he cooked at hotels including Hyatt and Terranea Resort before moving into marketing and e-commerce. In 2022, he started serving tacos at skate parks under the name Banger. He went full-time in 2023 and has been popping up in L.A. and O.C. ever since.

That same cultural tension carries over into his food. While his Lumpia Smash burger has won praise, Obedoza says some Filipino customers pick apart the more traditional dishes on his menu: the lumpia isn’t made right, they say, the dipping sauce and adobo need more sugar, the adobo isn’t dark enough or has no bone.

“I guess I win on the burgers, but I’ll never win on being Filipino enough,” he said.

He said his cooking reflects his parents’ style and their home region of Central Luzon, north of Manila on the Philippines’ largest island. If it doesn’t match what someone grew up with, he says to get it from their own family.

Despite those differences, Obedoza says that lumpia is “the gateway drug to Filipino food” and hopes that his customers will feel emboldened to try the rest of the menu. He sees the Grand Central Market residency as a test run for an eventual brick-and-mortar. Whatever comes next, he credits one choice: “I went all in on being unique.”

Julia Feinberg feels like she’s living in a sinister version of Groundhog Day. For the second year in a row, California lawmakers have made it tougher for seniors and people with disabilities to qualify for state-funded health benefits.

Feinberg, 37, who has a degenerative neuromuscular disorder, said without Medi-Cal she would be confined to a nursing home rather than living and working as a therapist in Oakland.

“We keep having to have the same fight over and over and over again,” Feinberg said. She requires a power wheelchair and about 19 hours of caregiving each day, which Medi-Cal covers.

California is cutting Medi-Cal after a decade of expansion, part of sweeping federal and state cuts that experts estimate will kick more than 2.2 million Californians off coverage in the next four years, doubling the state’s uninsured rate.

The latest cut came in June, when state leaders approved a budget that will lower the asset limit for low-income seniors and people with disabilities to $21,000 to qualify for Medi-Cal, starting in July 2027. Feinberg, who has built up emergency savings, will have to spend about $10,000 to get under the cap.

In 2024, the state eliminated longstanding Medi-Cal asset limits, but since then lawmakers have chipped away at that policy. At the beginning of this year, state leaders reinstated an asset limit of $130,000, and the June budget lowered it further.

A primary residence and one vehicle are exempt from the new limit, but people 65 and older as well as those with disabilities cannot own a second home or car, and they can’t have more than $21,000 in savings accounts, certain retirement accounts, life insurance policies or even burial plots. They must still meet Medi-Cal income eligibility limits of about $1,800 a month for a single person.

Advocates say the rules unfairly target older people and those with disabilities.

“It’s really expensive to be disabled,” said Elizabette Guéçamburu, 44, who like Feinberg has spinal muscular atrophy and requires a power wheelchair as well as daily caregiving.

Guéçamburu said she’s saving up for a used wheelchair-accessible van, which costs about $75,000. Home modifications such as adding ramps and making bathrooms accessible also cost tens of thousands of dollars, none of which are covered by Medi-Cal. Guéçamburu said those expenses would be impossible to afford if she couldn’t save.

Guéçamburu lives on her family’s farm in Patterson where they grow walnuts, almonds and alfalfa. She works part time as the farm’s bookkeeper. In 2024, doctors diagnosed Guéçamburu’s father with prostate cancer, and he could no longer act as her caregiver. The same year, California eliminated asset limits for people with disabilities and seniors — Guéçamburu cried, able to qualify for Medi-Cal for the first time.

“The timing was a godsend,” she said.

Now, her aging father is unable to take care of her should she lose Medi-Cal, and Guéçamburu is struggling to figure out what to do with money left to her by her grandmother. She’ll likely have to put it into a special needs trust controlled by a family member and give up financial independence. She also had her family strike her from inheriting any portion of their 100-year-old farm. Private home care costs thousands of dollars a month, making it hard for lower- and middle-income people to pay for it out-of-pocket.

“I have to surrender our legacy just to have medical security and have the ability to live my life,” Guéçamburu said.

Asset limit flip-flop

Gov. Gavin Newsom eliminated Medi-Cal asset requirements in 2024 after a yearslong campaign by senior and disability rights advocates. In a statement before the elimination, Newsom said he was proud of the “bold investments” his administration was making to “protect life savings and homes.”

But two years later, faced with a $12 billion budget shortfall, Newsom proposed reinstating the former $2,000 limit, arguing that more than twice as many people enrolled as previously estimated. The Legislature opposed that proposal and compromised at the current higher limit of $130,000, lowering it again to $21,000 starting next July.

Lindsay Imai Hong, California director for Hand In Hand, an advocacy group supporting families that need caregiving, said organizers are looking to the next governor for change.

“We would love to see the asset test permanently taken off of the chopping block,” Imai Hong said.

Republican gubernatorial candidate Steve Hilton said in a statement to CalMatters that he opposes asset limits. He criticized the state for extending other Medi-Cal benefits beyond what it could afford, including coverage for immigrants without legal status.

“Seniors and people with disabilities shouldn’t lose their coverage because they’ve managed to save some money. They’ve done the responsible thing. Why punish them for it?” he said.

Democratic gubernatorial candidate and front-runner Xavier Becerra did not answer specific questions about the asset limit policy, but a campaign spokesperson blamed the Trump administration’s federal cuts for “squeezing” California’s Medi-Cal program.

Becerra will be “focused on protecting access to care and demand savings that are real, measurable and sustainable,” spokesperson Johnathan Underland said. On the campaign trail, Becerra has called himself California’s next “healthcare governor” and has previously floated raising taxes to reverse Medi-Cal cuts, but has not released detailed health policy plans.

Camille Nguyen, an attorney with the Legal Aid Society of San Mateo County, said most people who struggle to stay under the limit have little financial security.

“They have all of their life savings in cash savings instead of a house. That's their retirement. That is the amount they are expecting to live off of for the rest of their life,” Nguyen said.

State data shows about 600 people lost Medi-Cal when California reinstated the $130,000 limit. Advocates expect many more to lose Medi-Cal at the lower limit, but the state never released budget estimates before lawmakers approved the $21,000 limit. If the state reinstated the much lower $2,000 limit, the Department of Finance estimated 62,000 seniors and people with disabilities would lose Medi-Cal over two years.

Limit fuels anxiety, anger among people with disabilities

Feinberg said the prospect of losing Medi-Cal is especially scary because she would also lose access to a special disability program that pays for extra caregiving hours and has a multiyear waitlist. Caregivers help Feinberg get in and out of bed, dress and prepare her meals.

Before the limit was erased in 2024, Feinberg said she checked her bank account every day to make sure the balance was low. At the time, Feinberg was a graduate student and did not earn very much money. Now, as a licensed therapist Feinberg has been able to squirrel away some money.

“I don’t want to spend down that money. I want to save that for retirement, maybe buying a house in the future,” Feinberg said. “The prospect of not being able to have a nest egg is very unsettling.”

Guéçamburu said she’s angry and frustrated that the state views services for people with disabilities as expendable.

“It’s exhausting to have to justify your existence every legislative cycle,” she said.

Supported by the California Health Care Foundation (CHCF), which works to ensure that people have access to the care they need, when they need it, at a price they can afford. Visit www.chcf.org to learn more.

This article was originally published on CalMatters and was republished under the Creative Commons Attribution-NonCommercial-NoDerivatives license.