Taxed Out? California's Housing Crunch and the Growing Threat of an Exodus

Hour 3 - Los Angeles' Measure ULA is generating millions for affordable housing and tenant assistance, but critics say it's also slowing real estate sales, discouraging development, and reducing multifamily housing construction. Then, David Kline, Vice President of Research and Communication for CalTax, joins the show to discuss why California is bracing for one of the largest tax increases in a decade. Plus, reports of a new California exodus are emerging as brokers field a surge of inquiries from residents considering a move, while a state workers union warns that Governor Newsom's return-to-office mandate could accelerate departures from the Golden State.See omnystudio.com/listener for privacy information.