The Census Bureau recently released data on domestic migration that took place during the COVID-19 pandemic, and their findings were heavily covered in the press with headlines such as “Cities Lost Population in 2021” and “The pandemic city exodus revealed: New York, Los Angeles, San Francisco and Chicago lost the most residents.” read more »
Los Angeles
Americans Do Not Want to Return to Urban Living
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California's SB9 Housing Bill Starting To Sound Like Prop 13
That rumbling you hear in the residential real estate market is SB9—either a silver bullet or a boogeyman, depending on where you stand.
Senate Bill 9 is the latest law with the potential to reshape California. read more »
Does California Know What Time it Is?
Has the California proposition changed fundamentally? And does it matter for real estate?
The answer to the first question is yes—the state had a net population decline in 2021, the first drop since it began annual counts more than a century ago. read more »
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Report: Restoring the California Dream
This newly released report examines how the California dream can be restored for California's middle- and working-class families. An excerpt follows: read more »
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Trouble in Paradise: The Crumbling California Model
Some horrified conservatives dismiss California as the progressive dystopia, bound for bankruptcy and, let’s hope, growing irrelevance. read more »
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Here's Why California is Losing Population for the First Time
California is suffering a major demographic reversal, one that threatens both the state’s economic future and the durability of its progressive model. read more »
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California's Keenest Competitors for Tech Jobs are Blue Western States
For a generation, California has seen more of its residents and companies head elsewhere, but has found a way to respond, at least in terms of wealth creation, by constant innovation. But today, the Golden State’s hold on the elite reaches of the economy is slipping in ways that could threaten the state’s long-term prosperity. read more »
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Only Interior Counties, San Benito, Riverside and Monterey Grow in 2021
Preliminary county population estimates just released by the state Department of Finance show that California’s population decline is persisting and accelerating. The state lost 173,000 residents over the year ending July 1, 2021. The Department of Finance reports that there were 56,500 Covid related deaths over the same period, which would account for about one-third of the population loss. Net domestic migration dropped to the lowest rate in a decade, down 277,000 --- more than the population of Marin County. read more »
Governor Newsom Supports Increasing Oil Imports from Foreign Countries
To gain more press time, California Governor Newsom just announced California moves to ban oil wells within 3,200 feet of homes and schools. Governor Newsom is proud of continuing the decline of in-state oil production that’s been going on for more than 30 years. read more »
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California Dreamin'
“I just took [my son] to our local Walgreens to buy him a toy. While there, a man shoved past me so firmly that he sent me into the shelving. Then he proceeded to fill a brown paper bag with Halloween candy and waltzed out of the store. This is one of five Walgreens stores in SF that will be closing in the next two months, in part because of rampant theft. And our city leaders all keep insisting crime is down.”
San Fransicko: Why Progressives Ruin Cities, by Michael Shellenberger read more »
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