CA Real Estate

Jan 31, 2013 17:58

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.
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