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True, but when the wages aren't higher to compensate, is that a sustainable condition? While I'm sure it's not cheap overall, it seems that housing costs are the biggest difference between CA and much of America. This has been the opinion of friends who live in Orange Co and San Diego. It seems that this cycle is doomed to repeat itself until wages adjust upwards (doubtful), or cost of living adjusts downwards, especially housing. Really, lets face facts, it doesn't cost 6x as much to build a house in CA. This is an artificial condition, driven by demand and greed.
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‘07 Mazda RX8
Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc
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