For the first time in recent history – and probably the first time ever – the net migration out of California has not been offset by the international inflow.

The number of people leaving the state is 3x what it was just 4+ years ago!

But the state population is still growing….naturally.  Over the last eight years, there have been almost 2 million more births than deaths!

With baby boomers living longer, the birth/death balance should level out eventually, but all those young people need to live somewhere – and only the affluent will be able to purchase a home.  (click to enlarge)

https://factfinder.census.gov/faces/tableservices/jsf/pages/productview.xhtml?src=bkmk#

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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