Today’s anecdote. House up the street in escrow. Buyers doing inspection today. Chatted up their agent. Young family with two kids moving down from L.A. Another from up north. With 12,500,000 people in the L.A. Metro I don’t think they be missed up there. It doesn’t require an onslaught of people moving from up there, just a small steady slow flow which shows no sign of abating any time soon.