Re:Home Price to Income Ratio
by onlyrealcuzzo on Tuesday September 21, 2021 @04:14AM
(#28603003)
The source just shows a net outmigration of taxpayers from California.
It doesn't say that rich young people are replacing old.
It just says that wealthy & older people are leaving in big enough numbers that there's a sizeable ourmigration.
It's important to note that natural born residents have been fleeing California for a long time, and a substantial portion of the young, high paid workers are on H1B - so non-permanent.
It doesn't say that rich young people are replacing old.
It just says that wealthy & older people are leaving in big enough numbers that there's a sizeable ourmigration.
It's important to note that natural born residents have been fleeing California for a long time, and a substantial portion of the young, high paid workers are on H1B - so non-permanent.