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by UnpossibleJim
1498 days ago
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How much of this do you think comes from the Bay Area and Los Angeles housing costs and the ability to remote work in the last couple of years (which seems to be coming to an end... possibly) and how much do you think is because of policy and city deterioration which has been publicized? I can't speak for CA but I see parallels in Seattle, though there's only movement to other cities within other WA cities (mainly the east side). |
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Few people on the right want to connect things like rising homelessness -> rising rents and property values in the same period -> an influx of high paying jobs. There aren't concrete policy proposals given to fix those things given the circumstances of the last decade, just finger-pointing at whatever particularly policy someone doesn't like. The amount of gymnastics done to blame anything other than "importing a bunch of high-earners and/or wealthy people has unintended consequences" is high. E.g., pointing to pre-Covid out-migration overall numbers while ignoring net in-migration within the US for earners over 100K/yr. (I haven't seen if this has changed post-Covid, it wouldn't suprise me if it has, but one would want to keep an eye on it over the next two years as policies around WFH shift, of course.)