2006.03.05
CA Population in Decline?
Now if only more people would leave so the cost of housing would get back into the realm of human reality because that is, apparently, why people are leaving.
For the first time since 1998, the people who relocated from California to other states outnumbered those who migrated in from other states, according to a report released by the state’s Department of Finance on Thursday.
“The outflow hasn’t changed much, but fewer people are coming here,” Roth said. “Houses were already unaffordable, but they’ve become more so in the last two years. It’s discouraging people from taking job offers in California.”
According to DataQuick, the median price of a house in California was $452,000 in January. In the Bay Area, the median price was $607,000.
I would really like to get a house here since I don’t really see myself leaving any time soon, but the costs are prohibitive. As I and many others have said in the past, what the Bay Area needs is a good earthquake to scare the hell out of the long term tourists and drive them away. I wouldn’t wish anyone hurt, ever, but it would help the out of control costs of housing.
Yes, I have evil thoughts from time to time, but I never said I was an angel.
Comments Off Categorized: san francisco thoughts
You can follow responses with a RSS 2.0 feed or via email using the checkbox below. Both comments and pings are currently closed.
