‘RED TAPE KILLS’: Billions are not enough to save California's housing CRISIS

Altman Brothers Real Estate owner Josh Altman joins ‘Varney & Co.’ to discuss Gov. Gavin Newsom's $11.2 billion bond measure to build more homes in California. #foxbusiness #varney 00:00 Newsom's $11 billion housing plan faces skepticism 00:20 Josh Altman: California's real problem is red tape 01:07 Why permitting delays are driving the housing crisis 01:32 Kylie Jenner's mansion and California's luxury housing market 02:00 Josh Altman on wealth taxes and why investors are leaving California Subscribe to Fox Business: https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/ FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours. Follow Fox Business on Facebook:   / foxbusiness   Follow Fox Business on Twitter:   / foxbusiness   Follow Fox Business on Instagram:   / foxbusiness