[quote=BGinRB]I see the same pattern with few CA counties – OC, LA, SF, Riverside… obviously, everyone wants to live in CA and no one wants to live in NV. [/quote]

I don’t know if that’s the case. Don’t remember where I saw the population data, but if my memory serves, the population of San Diego has not increased much relatives to available housing over the last 3 years. So (natural growth + immigration – emigration) isn’t increasing that much faster than the rate of new housing to suggest the sharp drop in inventory.
Is Las Vegas experiencing net migration?