California’s ever-growing housing crisis continues to send people who wanted a piece of the California dream — the hope of owning a home and making it in the Golden State — fleeing for locales far away from balmy southern California.
In the Los Angeles Times, columnist Steve Lopez discusses the exodus of Californians from Los Angeles and California at-large.
“Best thing I could have done,” said retiree Michael J. Van Essen, who was paying $1,160 for a one-bedroom apartment in Silver Lake until a year and a half ago. Then he bought a house with a creek behind it for $165,000 in Mason City, Iowa, and now pays $500 a month less on his mortgage than he did on his rent in Los Angeles.
The prime destinations: Arizona, Nevada, and Idaho.
The great California exodus to Idaho mirrors a trend in the early 1990s, as a sizeable population of retired California civil servants and peace officers uprooted for the Gem State, seeking a more conservative lifestyle.
Now, Californians of all stripes are seeking lower cost of living in neighboring states through cheaper housing and lower or no personal income taxes.
Lopez issued a crushing double-dose indictment to California’s political class after the legislature provided an eleventh-hour bandage to California’s housing crisis:
Slowly, steadily, and somewhat indifferently, we are burdening, breaking and even exporting our middle class…
California, the place where anything was possible, has become the place where nothing is affordable.