Welcome to California. You can't buy a house....
...Now go home
"For the first time since 1998, the people who relocated from California to other states outnumbered those who migrated in from other states, according to a report released by the state's Department of Finance on Thursday."
"Howard Roth, chief economist with the department, said California's housing costs discourage people from other states from moving here."
"Houses were already unaffordable, but they've become more so in the last two years. It's discouraging people from taking job offers in California."
However, while citizens from other U.S. States seem to be moving here in fewer and fewer numbers, the housing prices have done nothing to deter immigration both legal and illegal from other countries.
"Unlike the fluctuating numbers for domestic migration, immigration from other countries has been fairly consistent since 1991. It ranged from a low of 174,198 in 1995 to a crest of 290,811 in 2001."
"The report also estimated that the state netted an increase of more than 207,000 immigrants, legal and undocumented."
"In the Bay Area, Santa Clara County grew by 17,156 people, Contra Costa by 12,620 and Alameda County by 6,539. Marin County had the smallest increase, with 1,041 people."