Expert lists litany of California policies impacting real estate market

May 5, 2026 - 23:20

A California real estate expert has outlined a series of state and local policies he believes are dragging down the housing market, as comparisons to other states grow sharper. Josh Altman, owner of Altman Brothers Real Estate, pointed to strict zoning laws, high property taxes, and burdensome regulations as key factors making it harder for buyers and sellers to do business in the Golden State.

Altman's comments come amid a broader debate about the cost of living and business climate in blue states. He noted that lengthy permitting processes and environmental review requirements often delay new construction, driving up prices and limiting supply. He also cited rent control measures and tenant protection laws as creating uncertainty for landlords and investors.

The critique gained traction after Florida Governor Ron DeSantis praised the exodus of residents from states like California, calling their mayors and governors the "best ambassadors" for Florida's growing economy. DeSantis made the remarks during an appearance on "Varney & Co.," where he argued that high taxes and overregulation in blue states are pushing people toward states with lower costs and fewer restrictions.

Altman acknowledged that California's natural beauty and job market remain strong draws, but he warned that without policy changes, the state risks losing more middle-class families. He urged lawmakers to streamline approval for new housing and reconsider tax structures to keep the market competitive. The ongoing shift in population and investment continues to reshape the national real estate landscape, with Sun Belt states like Florida and Texas absorbing many of those leaving California.