Reply To: Why Californians are fleeing this once-Golden State

  • ObscureandFuzzy

    April 9, 2024 at 8:26 am



    April 8, 2024 at 11:48 pm

    There is still a shortage of housing. Look around California: you are not going to find a bunch of empty houses. San Francisco home prices have been dropping. And west LA is softening because it went up so much. But a lot of areas have not seen any price decreases yet because there is still a housing shortage. The increases have slowed down. Most major areas do not have very many places to build. It is mostly redevelopment or adding adu’s to backyards. A lot of residents fight new development because they don’t want more traffic, and they are trying to keep their communities as they are. The new developments are much bigger projects. Often several stories tall in the suburbs. Again, there is lack of land available. The suburbs do not want to turn their cities into urban cities. Huntington Beach is fighting redevelopment and the state is fighting back on that.

    Perfect example is the Palms neighborhood on the west side of Los Angeles. Just 20 years ago there were mostly 2 floor apartment buildings, and even some of the original single family homes going back to the early 1900s. Over the past 5 years, those few remaining single family homes were purchased and demolished and now there are 6, 7 and 8 floor apartment buildings going up in their place.