The $5 Million Problem: How Mark Cuban's Response Exposes California's Housing Crisis Mark Cuban's response to Bobbi Althoff's plea for a $5 million house in Southern California has been widely criticized as heartless, but it's actually a stark reminder of the harsh realities of homeownership in one of America's most expensive states.
His frank assessment that even with a multimillion dollar handout, owning a home in California would still be out of reach for Althoff is a damning indictment of the state's housing market.
The median sale price of a California home stands at $887,680 as of July 2026, according to the California Association of Realtors.