And nice of you to mention Phoenix, Las Vegas and Texas which are the 3 markets showing soft real estate markets in the country
People leave, people come. Ive been reading that same “everyone is leaving CA” article that gets dragged out periodically for the last 30 years. Prices are high so some cant hang and others who didnt plan take the money to fund a retirement. The winners stay and more come. The truckers, miners and dishwashers are heading to St George where wages are almost 34% below the national average with no growth industries. Moving there is a dead end. Give it a few years and you’ll have all the things you fled in spades
And you refuted none of what I said with data because you cant