Gov. Gavin Newsom issued an executive order Thursday requiring state agencies to remove homeless encampments in their jurisdictions and urging the state's cities to follow suit.
Renting in California is like being expected to run forever on a treadmill with an ever increasing rate of speed.
It wouldn’t surprise me if most of the people in new California rentals were new arrivals, as other areas continue to get worse every year making the idea of escaping to California increasingly attractive. I wonder how often people from other markets move in with savings from other areas, pay the overpriced rents for a couple of years and do their part to help justify the rising rents, and then go back to where they were from after their savings are exhausted. Anecdotally, I know quite a few people who did something very similar to the above.
Renting in California is like being expected to run forever on a treadmill with an ever increasing rate of speed.
It wouldn’t surprise me if most of the people in new California rentals were new arrivals, as other areas continue to get worse every year making the idea of escaping to California increasingly attractive. I wonder how often people from other markets move in with savings from other areas, pay the overpriced rents for a couple of years and do their part to help justify the rising rents, and then go back to where they were from after their savings are exhausted. Anecdotally, I know quite a few people who did something very similar to the above.