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Only 18% of Californians can afford a median-priced home, and many are asking if we’re in a housing bubble. Economist Oscar Wei from the California Association of Realtors explains why today’s market is different from 2008, how equity and locked-in low rates are keeping prices from collapsing, and why supply remains tight despite more homes hitting the market. He also shares when buyers may return in force and what could finally shift affordability in the state. 🟡 Watch the full interview: • Only 18% of Californians Can Afford to Buy... 👉 Join 10,000+ others for the top newsletter on CA's biggest issues: https://bit.ly/Cainsidernews 📍Get balanced California news: https://californiainsider.com/ 📍For more important California issues, subscribe to @California.Insider Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of California Insider. ----------------------------------------------------------- #California #CaliforniaInsider #CaliforniaHousing #CaliforniaRealEstate #HousingMarket #HomePrices #RealEstateMarket #HousingBubble #CaliforniaHomes #HousingCrisis #RealEstateTips