California real estate owner Josh Altman joins Stuart Varney to discuss falling rents in Los Angeles, normalizing national trends and the impact of AI-generated wealth driving up prices in San Jose.
California real estate owner Josh Altman discusses national rent trends and the specific dynamics of the Los Angeles market with Stuart Varney. Altman explains how AI wealth creation in San Jose is increasing demand and driving up housing prices. He emphasizes the need for continued construction to meet demand and navigate increased competition for homes.