Tuesday, September 19, 2017

CA Exodus Continues

The Sacramento Bee, the de facto house organ of state government in one-party, bright blue California, reports concerns over sky-high housing costs are prompting people to think of moving out of state.
More than half of California voters say the state’s housing affordability crisis is so bad that they’ve considered moving, and 60 percent of the electorate supports rent control, according to a new statewide poll.

Amid an unprecedented housing shortage, rents have skyrocketed and tenants have faced mass evictions, especially in desirable areas.

Of the 56 percent of voters who said they’ve considered moving, 1 in 4 said they’d relocate out of state if they did.
It's another installment in COTTonLINE's continuing series on the melt-down of a once-Golden State. It obviously saddens the DrsC, both CA natives. If rent control is imposed, the normal result is owners spend less on maintenance, furthering deterioration.

If the current trajectory continues unabated, the state will end up resembling the Matt Damon film Elysium. It pictures a future L.A. mostly looking like an unpaved squatter barrio in Ensenada or Tijuana.

Gated enclaves of the wealthy fenced off from vast slums of the poor. Eventually, the government employees who constitute the "overseer" class in this plantation economy, will perforce occupy lesser gated enclaves, the only dim reminders of a former widely-shared middle class lifestyle.