Tornado Alley (PROG)

[blackhawks]

Are you lazy, stupid or both? If there is one trait of RW trolls who post here that stands out, among many, it's the combo of ill-informed, easily misinformed and willful ignorant.

Here’s Why California Is Losing Population for the First Time

OLD AND OVER THE HILL

https://www.thedailybeast.com/heres-why-california-is-losing-population-for-the-first-time?ref=scroll

Fewer people are arriving, the people who are there are having fewer kids, and more people are dying. Add it up, and it’s big trouble for the biggest state.

Housing costs, according to the recent Berkeley poll, was by far the biggest factor cited by people wanting to move, with more than 70 percent of Californians considering them “a very serious issue.” Since 1970, income-adjusted median home values in Los Angeles, San Francisco, San Diego, and San Jose have increased to more than double those of major metros outside California. Even the less costly interior markets of Riverside-San Bernardino, Sacramento, and Fresno are increasingly unaffordable compared to metros outside California.

This is particularly critical for young families. Despite pundits suggesting otherwise, the vast majority of millennials and the Z generation would like to become homeowners. According to one recent study, the median family in San Jose or San Francisco would need 125 years (150 in Los Angeles) to collect a down payment; in Atlanta or Houston the figure is 12 years. According to recent AEI survey, California is home to six of the nation’s worst markets for first-time homebuyers.