Patterns since the beginning of the pandemic suggest that there might be a slight rebalancing of population and housing in California. But persisently high prices seem to show that other factors are at work.
Central Valley and Inland Empire population growth is still exceeding the national average. And births continue to exceed deaths in most parts of California -- even the coast. But the flow of coastal Californians out of state has become a tidal wave.
Auditor calls for clarification of methodology on vacancy rates and household formation -- the two factors that have been most controversial in pushing up the housing targets.
The population is going down for the first time ever. But California planning -- and its entire local government structure -- is based on the assumption of growth.
More people have been added to the inland population since 2015 than to the coastal population. That's the first time that's ever happened. >>read more