First Person: Kai Ryssdal

Buying a house in California is a much desired, albeit elusive, goal. California ranks 48th out of 50 states in the percentage of people who own their own homes. And only one out of seven households in the state can afford the median-priced house.

However, new buyers continue to enter the market, with the hope that they are investing in their futures. Playing the real estate game is not the only way for Californians to plan for tomorrow. We sit down with Kai Ryssdal, host of public radio’s “Marketplace,” to find out his down-to-earth reasons why not to overinvest in your home.