Given the shrinking US population, this is no surprise - and if they just traffick foreigners here to prevent ghost towns, who wants to live with/near an imported underclass?
I bought 4 fixer-uppers in Calif. 2 condos and two 3br houses. Did quite well for someone who can only do grunt work and hire out the skilled stuff to dirt bag contractors. Why build new? You gotta get really legal.
“Given the shrinking US population, this is no surprise - and if they just traffick foreigners here to prevent ghost towns, who want to live with/near an imported underclass?”
While increased crazy regulations certainly had an impact, you nailed the real culprit. The bottom line is our population IS NOT growing. http://bit.ly/2rKyTRq
It doesn’t take a brain surgeon to see this. The Baby Boomers were the largest cohort ever to move through our economy and society. They had a significant impact on our society as they traveled through. They’ve passed their housing phase and those coming behind them are much smaller population groups (Gen-X and Millenials).
Expect this to continue and even get worse!
IC Clearly