http://www.latimes.com/business/realestate/la-fi-million-dollar-homes-20130131,0,5063637.story 697 homes over $5M - a new record, 26993 homes over $1M. Somebodies with money are buying...
Article talks about some reasons - move from stocks to the safe haven of CA real estates? Out of country
rich buyers?
http://www.dailykos.com/story/2013/01/31/1183712/-The-hellhole-that-is-California DailyKos picks up my thread with a few new data points
1. 234K jobs in 2012 (out of 1.8M?), this
link has CA 2nd to Texas 211 to 237
2. Businesses leavling the state:254, New businesses creates: 132000. Might be apples to oranges - big number is base on rate per 1000000.\
Small number is from a business relocation coach, with an ax to grind. Pretty small percent to make an argument on though.