[T.B. Yoits]

I see, Californians aren't buying new homes in the states they move to, only undeveloped land.

Let's go through this again. A few owners are selling undeveloped land to developers who are then breaking the land up into separate units and selling them to outsiders. The "Southerners" aren't selling their land to Californians at inflated prices. In fact, many of the locals can't sell their homes because the homes are older and now have increased taxes due to the reassessments.

Spin it any way you want but I hope you don't get caught in a similar situation that's repeating itself across the country.

Blockbusting used to be illegal but that's what this is.

[griswold3]

Don’t forget the increase in replacement housing. Can you get enough from your existing home to move?

[dragnet2]

owners are selling undeveloped land to developers who are then breaking the land up into separate units and selling them to outsiders.

Lemme get this straight Yoits.

You say all these millions from CA have not been buying existing homes in other states at inflated prices? Is this what you're peddling?