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SWBTATTReg

(25,611 posts)
1. This is going to be an ongoing problem not just in Calif., but in a lot of locations where real estate prices have
Wed Jul 23, 2025, 03:50 PM
Jul 23

jumped by giant percentages, year after year after year. Perhaps that's why the %s of Americans moving each year is decreasing bit by bit. I live in STLMO, and we see it even here, even thou STLMO is not really known as the place to live, vs. other exotic places such as Calif, AZ, FL, and other similar places. And that's fine w/ me, other than the fact that when these people move from Calif., FL, etc. to Missouri (perhaps for their jobs or family reasons), they have more money to play around w/ (in theory) then a homegrown MO person, and thus, the MO people slowly get pushed out. This cycle repeats itself all across the country in many different locations. It's sad, it changes neighborhoods entirely to where they're no longer the same, and the tempo of the neighborhood is lost.

Don't know how you can fix this, even if somehow one was to wave a magic wand, and instantly create one thousand new homes (priced at 'reasonable prices'), in an area, that this number of new homes would be so small, so ineffective in reducing demand, and pricing pressures on not just new homes, but all older homes too. So it keeps escalating, the pricing pressures, into a never ending cycle.

Perhaps someone on DU has some thoughts to address or add to this, every city in the country seems to have its share of people living in motor homes, and the Not In My Backyard (NIMB) feelings in many neighborhoods seems to also stifle steps to try and improve the situation of the homeless.

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