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Why Are California’s Real Estate Prices Going Up Despite Record Unaffordability? - Matt McCormick (Video)

Saturday, December 28, 2024 22:28

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In this 28 December 2024 video, host Siyamak Khorrami sits down with real estate expert Matt McCormick. Together, they dive into the driving factors behind the continuous rise in housing costs in California and explore how this trend is contributing to the growing homelessness crisis.

https://youtu.be/hMbQdBZnDU0

00:00 – Intro
01:21 – Real Estate Market Dynamics in California
03:40 – Impact of Pension Reductions and Job Hopping
05:23 – Historical Perspective and Future Projections
09:52 – Sustainability and High-Tech Influence
13:05 – Renters and Multi-Generational Living
31:18 – Homelessness and Community Support
44:10 – The Role of Developers and Employers

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