Capitol Weekly presents
A Conference on Housing Policy
Wednesday, May 26, 2021
Panel 3: Housing Costs - A Bubble or the New Normal?
Even a worldwide pandemic couldn’t slow California’s climbing cost of housing. The Golden State boasts the most expensive real estate market in the country – the median home price in California is nearly double the average for a home in the rest of the US. And, rents are equally excessive. Even inland areas that were once relatively affordable have seen double-digit growth: rents in Fresno have risen nearly 40% since 2017. What – if anything – can be done to slow the runaway cost of California housing?
Moderated by Manuela Tobias, CalMatters
Panelists: Asm. Buffy Wicks; Jason Elliot, Senior Counselor to Governor Newsom; Adam Fowler, Beacon Economics; Jennifer Svec, California Association of Realtors