The taxpayers moving out of state include those who would have been in a position to buy properties. The non-taxpayers entering the population (including births) are almost irrelevant to the pricing of homes because they don’t participate in the sales market.
Bingo.. something that politicians should really pay attention to. They look at all this migration (Hispanic) as a positive tax base (including illegal) to further support their ‘house of cards’. In reality, that is not true. It is mixed, but has a lower overall tax ‘yield’ than the population that is being chased out/leaving. In the mean time, they make the barriers to entry for other foreigners (who will generally be more educated) higher.
“LA has had this profile for 20 years”
That is why I don’t live there anymore. It has turned into a sewer. I see more and more roadside trash and garbage every time I visit. A large and increasing portion of the population have a strong sense of entitlement.