Housing prices in california continue to be out of reach for so many people. And i argue that it sets the stage for a replay of two thousand eight, where you have home buyers who either can't sell toir home, or can't get a mortgage to buy it and the values drop. I had a front row seipt for that because i was investment strategist for heade fund back wen as it was unfolding. The difference being is that two thousand eight was a won off. Once we cleared up the bad debts and everything else, we could restart the economy in a climate reated related financial crisis. It's going to get worse, year after year after year,
Author Eugene Linden discusses his book Fire and Flood: A People’s History of Climate Change, from 1979 to the Present.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
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