Property Ownership: Then & Now with Richard Rice

For decades, homeownership has been one of the most powerful pathways to building generational wealth in America. But today's housing market raises new questions about who owns our communities and how those changes affect future generations.

In this episode of Urban Family Focus, Rev. Jerrold Smith welcomes retired real estate entrepreneur Richard Rice, whose nearly five decades as a California housing provider offer a unique perspective on the evolution of property ownership.

After purchasing his first rental property in 1978, Richard built and managed residential properties throughout Los Angeles, Inglewood, and the Bay Area while remaining deeply committed to neighborhood revitalization, quality housing, and community engagement. His experience spans changing economic cycles, housing regulations, and significant shifts in California's real estate landscape.

Together, they explore one of today's most important housing conversations:

How has property ownership changed from individual investors to large corporate ownership—and what does that mean for California communities?

Whether you're a homeowner, investor, policymaker, or simply interested in the future of housing, this episode offers valuable insight into one of the most significant economic issues affecting families today.

To learn more about Richard, click here ===> CLICK HERE

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Rev. Jerrold Smith is a Life Coach, Addiction Counselor, and seasoned media professional dedicated to uplifting urban families through faith, wellness, and empowerment. As host of Urban Family Focus, Rev. Jerrold brings decades of experience in community leadership, marketing, and ministry to the mic—offering real conversations, expert insight, and inspiring stories that spark meaningful change. His mission is simple: to amplify voices that matter and build stronger, healthier communities—one episode at a time.

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