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A comment on California population declines for first time in more than a century. Parent comment

Re:California population declines for first time in more tha... by deepnotderp on Saturday May 08, 2021 @12:44PM (#27088714)
But I don’t need stocks in order to survive. I do need shelter though.

As long as housing is seen as an investment it’s not going to be affordable.

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Re:California population declines for first time in more tha... by chii on Saturday May 08, 2021 @11:05PM (#27092854)
you don't need to own property to live there - you can rent.

Buying and owning property will always be an investment. If this investment is worth it (aka, it has outsized returns), then it can not be affordable.

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Re:California population declines for first time in more tha... by jjav on Sunday May 09, 2021 @05:23AM (#27094498)
> you don't need to own property to live there - you can rent.

Look up rents in the 60s in Los Gatos vs. rents recently to see what a terrible idea that would've been for those people.

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Re:California population declines for first time in more tha... by deepnotderp on Monday May 10, 2021 @03:12PM (#27109639)
I’m gonna go ahead and guess rising prices also means higher rents
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