Re:Could High-Speed Rail Ease California’s Housing Crisis? S...
by kelp on Friday January 25, 2019 @06:41PM
(#19003683)
Northern California housing costs have been rising much faster than inflation for well over 30 years. Yes it corrected some in 2001 and 2008, but then continued to march upward, always regaining previous highs within 2-3 years, and then surpassing them.
Look at the charts here https://www.bayareamarketreports.com/trend/bay-area-real-est...
Overall, California's population is leveling off. So is the US. The US hit "peak baby" several years ago and population growth is below replacement rate.