this post was submitted on 06 Aug 2023
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I’m not sure how this hasn’t been mentioned yet but a lot of the Midwest doesn’t like California because it feels like there’s a migration of californians who have been priced out of California moving into the Midwest who both bring their left leaning policies into right leaning areas and buy up so much property it drives housing even higher.
It's easier to blame Californians than the investment firms that are the ones actually buying up the housing inventory.
I dono if its easier, but its much more visable. You dont run into the investment firms at the grocery store, or talk to them at your kids shool or sports events etc.
Midwest checking in - most of the property is being bought up by out-of-state landlords, large real estate companies that are slowly buying up everything. Home ownership is the lowest it's ever been here.