Those 3.8 million people – are they mainly illegal immigrants? If they are domestic migration, all of those are going to the inland Empire. Notice the ad, for a SD ZipRealty, did not claim they are coming to Southern CA. Because the Census Bureau just released data showing Southern CAs are leaving in droves, and going to cheaper places in Riverside and Inland Empire.
If I read that, I would ask, Where in CA? But then again, I guess I take control of my destiny, fashion my own “luck”, and don’t buy real estate at the top of the biggest liquidity bubble in world history!
