AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The discussion revolves around the unconventional choice of investing in California real estate despite common perceptions of high prices, crime, and limited rental opportunities. The state faces a significant housing shortage of approximately 2 million units, leading to intense competition among buyers and renters, resulting in price increases. The lack of new construction further exacerbates the housing demand and contributes to rising prices, with investors seizing the opportunity to add supply in a market others avoid.