The Disappearing Middle Class Behind California’s Housing Crisis | Michael Capaldi

California’s housing costs are among the highest in the nation, while single-family construction continues to lag demand. If land is not the only constraint, what is driving the gap between need and supply?

In this episode, we sit down with Michael Capaldi, partner at FBT Gibbons, to discuss the approval process, local fees, and state mandates that influence what gets built. We examine how those choices affect home prices and the calculations families make about staying in California.

Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.