Although I don’t care to live in a dense concrete jungle–and don’t have to–I’ll always be glad to see a constant inflow of real estate buyers and renters.

Unfortunately, many who were raised here may be shut out because of this competition for limited resources in a state like CA, and may consider it unfair, but for those who own properties, values should stay up and increase in the near term.

Imo, the real concern with property values in places like CA, may come when current and new worker bees try to retire and realize they can’t afford to stay here. Hopefully there will be always more to replace them in the pipeline, as well as the continuing inflow of foreign funds.