If I recall the 1990s, as house prices continued to drop into the recession, people moved out even more. It was very pronounced in Orange County where the small manufacturers got decimated.
I anticipate a repeat of that type of outmigration.
BobS
I have been investing in Yuma for the past several years in the expectation that CA people and businesses will flee the high tax, high housing cost giant to the west. Have bought housing, industrial land, residential subdivision TD’s.
The influx from CA has not been as pronounced as I had expected, but have still done well. Perhaps the current recession (in all but name), plus the likely hike in CA taxes will again push California businesses and people to leave.
BobS
I have been investing in Yuma for the past several years in the expectation that CA people and businesses will flee the high tax, high housing cost giant to the west. Have bought housing, industrial land, residential subdivision TD’s.
The influx from CA has not been as pronounced as I had expected, but have still done well. Perhaps the current recession (in all but name), plus the likely hike in CA taxes will again push California businesses and people to leave.
BobS
I have been investing in Yuma for the past several years in the expectation that CA people and businesses will flee the high tax, high housing cost giant to the west. Have bought housing, industrial land, residential subdivision TD’s.
The influx from CA has not been as pronounced as I had expected, but have still done well. Perhaps the current recession (in all but name), plus the likely hike in CA taxes will again push California businesses and people to leave.
BobS
I have been investing in Yuma for the past several years in the expectation that CA people and businesses will flee the high tax, high housing cost giant to the west. Have bought housing, industrial land, residential subdivision TD’s.
The influx from CA has not been as pronounced as I had expected, but have still done well. Perhaps the current recession (in all but name), plus the likely hike in CA taxes will again push California businesses and people to leave.
BobS
I have been investing in Yuma for the past several years in the expectation that CA people and businesses will flee the high tax, high housing cost giant to the west. Have bought housing, industrial land, residential subdivision TD’s.
The influx from CA has not been as pronounced as I had expected, but have still done well. Perhaps the current recession (in all but name), plus the likely hike in CA taxes will again push California businesses and people to leave.
