Are you sure this "net" figure does not factor in illegal immigrants?
Read it again, that's what I just said.
You are correct. House prices are a small part of that decrease - after all, when somebody leaves the house, doesn't somebody else move in?
It is illegal immigration and Southern California's slow drift into Third World status that is driving everyone out.
But don't get too smug in the rest of America - those illegals are coming your way too.
Tienes que apprender espanol.