California's 'Dream for All' home loan program drained its $300M budget in just 11 days, leaving many potential homebuyers without access to the program. The program was meant to help Black and Latino families, however, mostly white homebuyers were able to take advantage. Investors who want to take advantage of the robust real estate market in California can consider investing in Real Estate Investment Trusts (REITs) such as Essex Property Trust, which focuses on apartment ownership in northern California and Los Angeles/Orange County.