[jkarolyi]

>People keep screwin' (with predictable results) and keep movin' here, so population keeps going up.

True, but the population increase in California, including immigration and the exodus of long-time Californians to other states, is only about 1.5% per year. Judging by the number of McMansions I see being built around here, supply will be WAY more than demand for the forseeable future.