An analysis of the California housing market performance during each presidential term since Jimmy Carter's presidency (1977-1980) reveals interesting trends. While Carter's administration faced high inflation, pushing mortgage rates up to 15.1%, the state also saw significant economic growth with a 20% job increase and a 50% rise in per capita income. This strong economic climate contributed to a 13% increase in home prices during Carter's term. Subsequent administrations, such as George W.
Bush, Ronald Reagan, Bill Clinton, Barack Obama, Joe Biden, and Donald Trump, all saw varying degrees of home price appreciation, influenced by factors like lending practices, economic growth, and interest rates. The analysis highlights how presidential policies and economic conditions can significantly impact the housing market