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Soaring House Prices in California: Insights from Powertalk 1360's Real Estate Jerky
In this engaging episode of "Real Estate Jerky," hosts Ed Parcaut and Mike Kelly dive deep into the pressing issues surrounding California's housing market. They discuss the significant shortfall in housing construction relative to demand, with a particular focus on how this gap has led to overpriced markets in cities like San Jose, Los Angeles, Sacramento, and Fresno. The hosts express their concerns over the economic policies impacting the real estate landscape and the challenges posed by high interest rates and market uncertainties that discourage builders. Throughout the episode, Ed and Mike pepper in humor, notably regarding the absurdit
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