Why Real Estate and Housing Prices in California Continue to Rise | Lee O'hanian



California is facing a housing shortage as the median price of real estate exceeded 700,000 thousand dollars for the first time in the state’s history in 2020.
My guest today is Lee Ohanian. He is a professor of economics at UCLA and senior fellow at Stanford’s Hoover Institution.
Today he discusses the root cause of California’s housing shortage and the high cost of real estate.
===
Send real news and traditional values to your loved ones every week with The Epoch Times gift subscription plans👉 https://subscribe.theepochtimes.com/p/?page=gift

Subscribe for more California Insider videos + 🔔 : http://ept.ms/2KeCqRd

Follow California Insider on Twitter: https://twitter.com/CA_Insider

Follow us on Facebook: https://www.facebook.com/CAInsider

Sign the Petition to Investigate, Condemn, and Reject the Chinese Communist Party👉 https://rejectccp.com

===
MORE VIDEOS:
👉 The Reasons Why So Many People Are Leaving California | Urban Policy Expert: JOEL KOTKIN: https://ept.ms/2LSJq6O

👉 How LA Profits from City-Wide Homeless Crisis | Soledad Ursua: https://ept.ms/3bEjEhz

👉 Why Homelessness is Growing in California | Veteran Journalist Jerry Sullivan: https://ept.ms/3ieNrP0

👉 California Companies Are Leaving and Taking Thousands of Jobs With Them | Manuel Ramirez: https://ept.ms/39CwMRA

👉 How California’s Unfunded Pension Liabilities Could Lead to Bankruptcy | Sen. John Moorlach:
https://ept.ms/3nNGvJK

OUR PLAYLIST:
🔴 What’s Happening in California: https://ept.ms/2XHtVBx

🔴 California’s Corruptions Exposed: https://ept.ms/2XIh95x

🔴California’s Latest Taxes & Regulations: https://ept.ms/3if69WI

🔴 California’s Leadership & Policies: https://ept.ms/2LCc9Nl

===
📩 To reach the California Insider team you can email: [email protected]

————————————————-
© All Rights Reserved.

source

What Do You Think?

Search, Connect & Communicate!
Join us now, it's free!

Comments

No comments yet