Nearly a quarter of homes in the Inland Empire are owned not by the residents but by people using them as investments, according to a new report.
A report by Jonathan Lansner indicates 22% of single-family homes in San Bernardino and Riverside counties are not occupied by their owner but instead are owned by investors.
In Riverside County, the percentage of investor-owned homes is slightly lower at 19%, but it's offset by San Bernardino County's 27%.
Statewide, the percentage of investor-owned homes is more aligned with Riverside County, as it's also 19%.
In some states, investors own as much as 40% of homes, as they do in Hawaii, the Orange County Register reports.