- Aug 18, 2012
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High housing prices are only just one of the many reasons American citizens are moving away from California.
California real estate has been much higher than the rest of the country...for the last 50 years. There's this thing called demand...
But in recent years, there is another factor driving up real estate and rent prices across many other areas of the country: Big investment firms buying up the market. That isn't a California issue. That is unconstrained capitalism at work.
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