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Why do people dislike California?
(lemmy.ml)
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this post was submitted on 06 Aug 2023
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It's the network effect. Many industry leaders are already here so everyone else wants to be also.
The real estate / rent prices are so insane that it is already affecting malls and smaller shops but it's still not causing the real estate market to draw down. In fact if anything the continued trend of prices rising higher and higher only attracts more demand.