On Wednesday, June 24, the latest UCLA Anderson Forecast predicted a difficult economic future for California and reported that the U.S. economy is in a “Depression-like crisis.” What does this mean for California’s pressing long-term problems, especially housing? Could this depression offer opportunities to make housing more affordable in an expensive state? Jerry Nickelsburg, economist and director of the UCLA Anderson Forecast, visits Zócalo with Erika Aguilar, director of podcasts at KQED, to explore what a post-COVID economy means for California communities.
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The Takeaway
Will Anyone Ever Be Able to Afford to Live in California?
Housing Affordability Is a Long-Term Problem, but COVID Could Help Reset the Conversation
On June 24, the UCLA Anderson Forecast predicted a difficult economic future for California and reported that the U.S. economy is in a “Depression-like crisis.” What does this mean for …