Quote:
Originally Posted by RST500
California's transient nature makes it difficult to build long term social capital and inter-generational wealthy. The population arrangement acts as a safety valve: if you don't like it here you leave rather than push for change and no incentive to make it easier to raise families here.
It also creates a divide between a wealthy landed gerontocracy and class of immigrants renters and workers, including many illegal immigrants in low wage service jobs and h1bs.
NIMBY restriction only exacerbate these trends and could lead to a California where only 10% of the youth population is Euro descended and even worse inequality by the end of the Century.
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Pretty sure that H1b visa holders are disproportionately buying property in California compared to U.S. citizens. If you include people who were formerly h1b visa holders, that probably jumps substantially.
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