That probably makes sense to what we’re seeing in CA. High skills, higher paid jobs are in CA drives more people with those skills to come here. And people with those higher income levels can deal with the higher cost of living and taxes. Probably still more opportunity than many other places in the u.s.
People without those skills and who can’t obtain those skills are being driven out of the state due to the cost of living and availability of those jobs, which is getting harder to sustain in CA. And probably, their standard of living would be better off elsewhere.