[goldstategop]

Here in immigration-heavy California the median price of a home is $540,000. And with all the restrictions on the building of new homes, its a wonder housing prices aren't even higher. My point is, if immigration is increased, demand is sure to outstrip supply, especially for homes in desirable areas.

(Denny Crane: "Every one should carry a gun strapped to their waist. We need more - not less guns.")

[Deo volente]

Being a renter, I'm also very concerned. We've seen rents go up 7-9 % each year here in Los Angeles County. A one bedroom apartment in SE Los Angeles County can rent for over $1000/month. In West L.A., they're going for over $2000. It's even worse in Orange County, where a small bachelor apt. without a kitchen will rent for $1000/month.

There are very few new apartments being built, and there are more "Spanish speaking" people than ever flooding into Southern California. The apartment vacancy rates are around 3 %, and when an apartment does become available, it's snatched up within a day.

I can not afford to move, as my business is located here.
And I can not afford to buy at a median price of over $500,000!

[AmeriBrit]

I am in So. Calif. and new house building is booming.