It’s The Weather, Stupid! Or, Is It?
This week, we’re looking into the real reason real estate is more expensive in California. It’s the weather, right? But it turns out the answer is much more complicated than that. While the sun and celebrity lifestyle might be the main reasons people come to West Coast, they instead find high housing prices created by over regulation, hypocrisy, and a general philosophy of NIMBYism (Not In My Back Yard). We discuss how all these contribute to our drastic housing shortage and what can be done about it.