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Originally Posted by JackInDaCrak
No, blaming people from CA for driving prices up in your town is myopic. Real estate is pure supply and demand. It makes no difference where the buyer comes from. USA is a big country, and people’s freedom to move around is one of the fundamental rights here. So if people buying are from CA or are from NY or FL what difference does it make?
Focusing on the origin of the buyers is borderline prejudice. It’s an attempt to make your own problems the fault of the “other” which is not too far off from saying that the neighborhood is getting bad because a new race is moving in.
I’m Californian. A lot of people are moving out because they don’t like the politics, extremely high taxes, and general high cost of living. Since a lot are leaving and moving elsewhere, that effects the supply and demand in “elsewhere.” As such, people see houses getting snatched up by Californians and will naturally blame them for increasing the demand while decreasing the supply. So in that way, they’re right.
But it is certainly true that Californians are looked down on when they’re spotted driving in another state. There certainly is a stereotype against us as everyone thinks they know what a “typical Californian” is.