@Eternity row X It's not neoliberalism or free market at all. California has local government laws preventing the construction of high density housing such as apartments, condos, duplexes, and townhouses. The California self proclaimed "liberals" ironically adopt a protectionist NIMBY attitude to prevent other people from moving into their neighborhood as soon as they obtain property themselves to protect their own property values. That is a government enforced monopoly that is the OPPOSITE of the free market. If it was anything close to a free market, then these laws woudn't exist and there would be a spike in high density home construction to meet increased market demand.

Government enforced monopolies that prevents private companies from building more profitable higher denser housing because of laws supported by "liberals" with protectionist NIMBY attitudes is not free market fundamentalism but actually resembles protectionist socialism that benefits the entrenched residents, rich people, and other NIMBY people.

Your freedom in the "free" USA is limited to the amount of money you have, especially in cali.

California Liberals be like: “CA has the 5th largest GDP in world.”

We need Islamic Emirate states of America now.

south Florida is having the same problems with the housing situation , and I think here the situation is worsening by the days

It is not landlords’ fault. Ask Newsom!

This is a useless hype video that only asks questions and does not provide any answers. I expect better from you.

abolish real estate

"this is california living"

Not even 2min video lol

THIS SO CALLED CRISIS WAS PLANNED DECADES AGO.

As World economic forum Klaus Schwab says "own NOTHING and be happy" it is the government that makes the prices so high = look at gas prices for God's Sake they shut down our pipelines on purpose the NWO GREAT RESET

Everybody owes and everybody pays the landlord man.

What’s said: “What do we want?” “Housing” “When do we want it?” “Now!”
What’s not said: “Do we want it in our backyard?” “No!” – That’s how liberal hypocrisy works!

The biggest part of the problems is from over regulatory red tape bull shit from our states and locals government. Oh also The NIBY!!!

DON'T YOU KNOW IT IS THE chinese!!!! HOW COME NOBODY IS INVESTIGATING THE chinese???!!!??? LOOK AROUND YOU, EVERY HOUSE IS NOW OCCUPIED BY chinese!!!! THEY COME TO AMERICA AND ARE GIVEN MONEY BY THE chinese government TO BUY UP AND MAKING THE PRICES OF HOUSES TO SKYROCKET BEYOND AFFORDABILITY AND TO MANIPULATE AND DESTROY THE U.S.'S ECONOMY JUST LIKE THE PANDEMIC. NOBODY LOOKED AT THE chinese TECH SPIES WHO COME TO STEAL U.S. MILITARY TECHNOLOGIES??? THERE WERE chinese SPIES WHO WERE CAUGHT, AND SO MANY chinese IN SAN FRANCISCO AND THE BAY AREA THAT IF YOU GO TO A NEIGHBORHOOD, YOU KNOCK ON THE DOORS OR IF YOU OBSERVE, EVERY ON OR ALMOST EVERYONE IS chinese!!!!!! THEY COME HERE AND BID UP ON AAALLL THE HOUSES SO NOOO ONE ELSE, ESPECIALLY HARD WORKING AMERICANS WHO BUSTED THEIR BUTTS TO SAVE TO BUY A HOUSE CAN NO LONGER AFFORD THEM, BECAUSE OF THESE MANY AND MOSTLY ILLEGAL chinese MOST OF WHOM ARE ANTI- AMERICAN AND HATE US AMERICANS AND THIS COUNTRY!!!!

If you can make it here, you can make it anywhere.

Greed is boundless for many people- but politicians from both political parties are stuck in the ugliness of neoliberalism. California has always been expensive- but this is way beyond being priced higher- its obscene. When in CA in the mid to late 80s a new home in Sonoma county was 100K- today the same home is priced 600K and up. CA was once the Mecca- the climate, glamor and psychology of a new dream of living differently. My location now in central eastern CT is much less crowded, much less traffic, housing prices around 300K median, and a higher quality of life. Yeah the weather in the northeast can suck- humid in summer, and three months of cold many Californians would hate- but buying a home here is much cheaper. Proximity to New and Boston, great summer beaches, mountains and a green landscape with no fires, or water shortages is nice. No its not California- but the number of auto plates seen in my town with 'California' is not uncommon (another state is Texas) Considering the weather in Austin over the next week it will be 95-102 degrees- that kind of heat is dangerous and perhaps too much for many Californians near the coast. Austin housing prices are cheaper then CA – around 600K but that's still high (the national median is 375K). I have not been back to the bay area in 19 years- but even then it was changing- the traffic was worsening, the sheer mass of humanity was overwhelming.

Low supply; high demand

I'm a street pharmacist, I'm good

Blame the End of the Cold War. As Russian and Chinese communism waned the new wealthy, still afraid to trust their own markets, invested in the place their experience with western media told them the good life was. They bought up California.

Whatever ur doin ain’t workin

You couldnt pay me to live in CA.

Companies don’t want to pay cost of living wages .. just the minimum wage. Politicians getting bribes … is a joke

Fucking greedy and people keep flipping home

I know another state has an issue with the realtor companies hording houses to drive up the prices.
Also people who buy places for BnB rentals.
As far as the space issues go.. well those tiny apartments in Tokyo are cheaper than those "pods" (the Japanese "capsule" version probably cost less than van-living when you account for gas, and insurance) – so perhaps developers should focus on that rather than those oversized track homes along the freeways without lawns or nearby shops..

They got what they voted for.

Folks……it's time to vacate CA ASAP!!!!!!

this did NOT prove the earth is a globe…LOL. bill dye is a dingleberry! in fact you'll NEVER see NASA showing a complete globe in real time because it does not exist. we're in side of something

And yet you voted Democrat

REIT Companies also contributes to inflated prices by buying up property, evicting tenants, and selling that property at higher cost. I get several calls & texts a week to sell my home by those companies.

Due to the economic crisis that always comes up the best thing to be on every wise individuals mind or list is to invest in CRYPTO Now, in some months time you'II be ecstatic with the decision you made today