4.6 • 11K Ratings
🗓️ 23 July 2021
⏱️ 69 minutes
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0:00.0 | I'm Ezra Client and this is the Ezra Client Show. |
0:21.2 | I am a California. |
0:22.2 | I was born and raised in Southern California. |
0:24.8 | I was educated in the States of public schools and I graduated from the University of California |
0:29.1 | system. |
0:30.1 | I moved back a couple years ago after a long time on the East Coast because I love California. |
0:35.5 | I'm a California partisan kind of wherever I am. |
0:38.8 | But I'm also worried about the state I love. |
0:41.8 | The median price for home in the Golden State is more than $700,000. |
0:46.4 | It is home to four of the nation's five most expensive housing markets, a quarter of the |
0:51.2 | nation's homeless residents. |
0:53.0 | And as a result, California has the highest poverty rate in the nation when you factor |
0:56.8 | in housing costs. |
0:59.5 | That is not because of the current set of politicians. |
1:03.8 | The reason is deeper. |
1:05.0 | It is very, very, very hard to build things in California, particularly homes. |
1:10.3 | But it's also just hard to build anything. |
1:12.3 | After years of delays in cost overruns, California is long anticipated high-speed rail system, |
1:17.3 | the one that was partially funded by 2009 stimulus dollars. |
1:21.2 | The one that was supposed to go between Los Angeles and San Francisco. |
1:24.4 | It's been shrunk to align connecting the mid-sized cities of Bakersfield and Merced. |
1:29.0 | And it is still tens of billions over budget and years behind schedule. |
... |
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