[quote=Coronita][quote=deadzone]Yet amazingly with so many folks supposedly leaving CA rent and prices in CA are also going up as much or more.[/quote]
We’ve gone over this. Most of the people leaving the state are the lower income people who can afford to stay. Higher net worth/income people still move here.
and not all of CA is ridiculously priced..[/quote]
Is there data to support the argument that the people leaving the state are lower income or is that something we just tell ourselves? I’m not saying it’s not true, I’m just wondering if it is supported by the data.
(Worth mentioning, I’ve seen data that says lower income people are more likely to move than higher income people, but that’s not the same as arguing that the pool of people in CA is changing because the lower income people are leaving and higher income people are moving here.)