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AI Bubble, Inflation, and the Limits of Monetary Policy | Jason Furman

Is the AI boom a bubble waiting to burst? Dive into the economic forces shaping our future, from inflation to the limits of central banks.

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Can California Ever Build Again?

Can California Ever Build Again?

Duration: 01:42:57
September 17, 2025
  • California's housing market is showing warning signs due to a surge in inventory, with Los Angeles listings nearing decade-high levels.
  • Home prices in California are beginning to decline statewide as a direct result of the high cost of buying, with typical home values exceeding $700,000.
  • High mortgage rates are exacerbating affordability issues, pushing the average monthly payment in California to approximately $5,100 - significantly more than other states.