Why is California's cost of living so high and will it come down? | Victor Davis Hanson

Why is California's cost of living so high and will it come down? | Victor Davis Hanson

C
2K Video Views·Nov 10, 2023  #costofliving #californiainsider #1

Siyamak sits down with Victor Davis Hanson, scholar and historian with Hoover Institute, to talk about what makes California so expensive, why millions of people left California and how California is becoming a medieval society.

“We have the largest number of billionaires in the United States, we have the wealthiest zip codes. We also have the highest number of people on public assistance," Mr. Hanson said. "
You sort of had a medieval society where the middle class fled. And those are the brightest and the best and the smartest and the most capable and the most angry, most important.”

EP 562 Why is California's cost of living so high and will it come down? | Victor Davis Hanson
#costofliving #californiainsider
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