The Mixed Message on Affordability


By Kay Wilson-Bolton

President, Ventura County Coastal Assn of REALTORS®

May 14, 2000


The affordability factor is the grim reaper of the statistics on the housing community.

The factor of affordability is parlayed from pillar to post and seems to reflect the level of well being of our cities. The drama that unfolds with it is incredibly telling on our times. The California Association of REALTORS® just revealed the April figures showing that the affordability index in Ventura County dropped to 31%. This means that only 31% of its population the ability to buy the average price range of home.  That’s a drop of 8% from the previous month.

It’s a better number than the communities of Santa Clara and San Francisco, but it is little consolation for our mid-range buyers.

REALTORS® support the right of home ownership for everyone, and we also believe in the sanctity of property rights. That can create a dilemma. You may see REALTORS® divided on issues such as land use when it means using open and green space for housing. You may see REALTORS® divided on how a property owner should utilize the land they own.

You will not see REALTORS® delight in the scarcity of homes for our first time buyers.

Politicians have a real dilemma when it comes to land use.  They want to serve the majority voting block, but they are bound to protect and defend the rights of all.  The controversy as always centers around what to do with the “poor” people. Should every city provide for their own or are some cities perceived to be better suited for that task?

No easy answers on these questions, but you will see REALTORS® doing everything within in their power to stay current on market trends that affect buyers in the entry levels.  It is disheartening to watch the dream of home ownership evaporate as the affordability index continues to rise.

If home ownership is in your future, select a REALTOR® to assist you in your search.  Not every real estate agent can use the designation of REALTOR® and there is a difference.  Be sure to ask if your agent wears the blue “R”.


Kay Wilson-Bolton is president of the Ventura County Coastal Association of REALTORS® .  For more information, contact the Ventura County Coastal Assn of REALTORS® at 981.2100. Our website is




About Kay Wilson-Boltonhttp://www.kaywilsonbolton.netWith a full-time career in real estate, I can add to your bank of knowledge, not only in real estate but in many areas of life that deal with people and relationships and choices. My real estate career has taught me many lessons about planning ahead and looking forward. I believe in helping along the way so that they can be the best they can be in any situation. I serve as a Fire Department Chaplain and Coordinator for the Many Meals Project which serves homeless and hungry families in my community. The event is far more than many meals. As a result of my work with the homeless population in my community, I received the Good Neighbor Award 2017 from the National Association of Realtors and named as a Champion of Homes in 2015 by the California Association of Realtors. I make pastoral visits to the inmates in the County Jail System and offer them what God says about "all things being new" and His remarkable plan for our lives. I have served my community as Mayor and in many volunteer capacities. I serve others by serving God first. My husband is involved in prison ministry and is a graphic artist. We live a simple life in Santa Paula with an office cat named Scout, three rescued poodles and a cat named Tony Diane at home.

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