Pacific Watch: California exodus of the middle-income. @JeffBliss1

Nov 04, 2017, 04:53 AM

11-03-2017 (Photo: The corner of Throckmorton Ave. and Corte Madera Ave. c. 1970.) http://JohnBatchelorShow.com/contact http://JohnBatchelorShow.com/schedules Twitter: @BatchelorShow

Pacific Watch: California exodus of the middle-income. @JeffBliss1

Projections show rents will continue to surge, especially for low- and middle-income people in places like San Francisco, Los Angeles and Sacramento, and home prices will become increasingly expensive, according to an economic analysis in the Anderson Forecast from the University of California, Los Angeles, released this month. “It was already bad before, but it’s getting worse,” said David Shulman, a senior economist for the Anderson Forecast. “California is still attracting high-income people, who are creating an enormous amount of wealth, but low and middle-income people like teachers are leaving because housing has become extraordinarily expensive.”

Read more here: http://www.sacbee.com/news/politics-government/capitol-alert/article156864219.html#storylink=cpy

Read more here: http://www.sacbee.com/news/politics-government/capitol-alert/article156864219.html#storylink=cpy