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Originally Posted by TheSquealer
It is not like its a secret. People with money are leaving.
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Yeah the rich are leaving in droves, thats why home prices are exploding OVER the million dollar mark
http://www.zillow.com/local-info/CA-...-value/r_4281/
http://www.zillow.com/local-info/CA-...value/r_26374/
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It is kind of cute however that you simply looked out your window to gauge the health of the economy, housing market, job market and to determine exactly how many people were leaving and staying... and how many wealthy people were leaving and taking their money with them.
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uh huh
http://www.zillow.com/local-info/CA-...value/r_47583/
Uh, I know from LIVING here, with the jammed pack traffic for hours and hours a day, rents and home prices are through the roof, restaurants are a 90 minute wait, you can't get a studio in my area for $1,300/month or a home under $700k, and that's a shit hole home, Gas and food prices are very high, and people pay it to live here.
I dont know what survey you're looking at, but where I live its jammed-fucking-packed, and expensive as hell because there's lots of people and money here to support it.