Rush Limbaugh Feb 05, 2020 - podcast episode cover

Rush Limbaugh Feb 05, 2020

Feb 05, 20201 min
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Episode description

California is experience a housing crisis apparently Jeffrey Epstein is bought everything, normally you would expect the market to be flooded with home builders eager to meet this rising demand.

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Transcript

Speaker 1

California's experience a housing crisis. Apparently Jeffrey Epstein's bought everything. Now. Normally, you would expect the market to be flooded with home builders eager to meet this rising demand. But California is not normal. It's run by leftists, so the opposite is happening. So far this year, California homebuilders have had twenty percent fewer new projects approved than last year. In Orange County, permits for future construction are down. There are a bunch

of root causes. High taxes, ridiculous regulations, the high cost of land, labor, materials, Epstein's bought everything, expensive government fees. Builders that once made a profit on moderately priced housing have been stymied by environmentalist laws and neighborhood protests, and for already built houses, the prices astronomical perspective. Home buyers can now expect to pay one and a half million dollars for a sixteen hundred square foot house built a

century ago. So for the time being, there's no light at the end of the tunnel for the thousands of California residents living in their cars, in their tents, in their sleeping bags or cardboard boxes. Yep it's bad, but just wait. It's a deep blue state. The Democrats run everything, which means things can only get worse for the people affected by this

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