By: Financial Sense News Hour
Topic: The Great California Exodus, Part 2: Joel Kotkin with Jim Puplava, September 25, 2018

Our guest today is Joel Kotkin, Presidential Fellow in Urban Futures at Chapman University in Orange, California, who says that Californians are living on a Facebook, Google, and Apple high and that this has made us unaware of major problems brewing under the surface in one of the largest economies in the world.

Click to play the audio segment (mp3)

This article first appeared on Ozy.

Why You Should Care: Because rising living costs are making California viable for only a privileged few.

In the Netflix television show Altered Carbon, the fears of rampant income inequality are fully realized. High society is taken literally, as the rich and wealthy live in a cloud city in the sky. The series is set hundreds of years in the future, and yet it tellingly takes place in the San Francisco Bay Area, with leaders who muse about making themselves immortal and are obsessed with the propagation of their own compounding wealth.

The analogy is even more cutting when you consider that, when it comes to one measure, the Golden State is already living a prelude to such disparate lives:

One in five Californians is poor when housing, medical costs and taxes are taken into account.

Read more

By: Home Station KFI AM640
On: John and Ken

Joel Kotkin talks with John Kobylt and Ken Chiampou about climate change in California and how the state’s efforts to combat climate are working. Read more

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: Read more