AI Picks and Shovels
Bloomberg Businessweek
00:00
The Inequality Crisis in California
More than 288,000 Californians or 7 tenths of 1% of residents reported over a million dollars in income in 2021. Only one in five people in California right now can afford the median home price of $800,000. So we've seen the state become more unequal, you know, partially as a result of this wealth.
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