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| *The Commerce Journal>>>Renting & Real Estate |
Why are houses so expensive in California? |
I was wondering why are houses in California so expensive and other states are not as expensive as California Supply and demand. There are a lot of people here and incomes tend to be high. Its summer year round here. The weather is perfect. There are a lot of high paying jobs. It's a blue state filled with liberals who create, get along well with others, and make room for all kinds. 70% of the working class have 2 year degrees or better. Its progressive economically and politically. All factors for success. probably cause alot of famous people live there and its more luxurious than other places. and close to the ocean just stupid people paying for homes they will never own because investors buy lots of homes and since that, the prices went up. Location land locked Yes, absolutely the basis of pricing is supply and demand. But let's try to summarize what causes the demand and why don't we have the supply. |
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