Joel Kotkin Talks About California’s Housing Crisis on Radio Real Estate

By: Radio Real Estate
On: Mark Schneidman

Joel Kotkin talks with Mark Schneidman about The Housing Crisis in California and how it affects the overall economic outlook for the state:

• Impacts on employment
• Middle Class is leaving
• Long-term prospects
• The Bifurcation of California
• 5th largest economy is not what it seems
• Poverty rate, high rent and density
• Tech firms, Silicon Valley, Amazon, etc.
• Expansion is taking place outside of California
• Foreigners buying real estate
• Impact of ending H1B Visas.

Click the Play button below to listen (mp3 audio file).