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Updated over 1 year ago,
California In-State Migration trend
It is very interesting to analyze where the Californian from San Francisco/San Jose/Los Angeles is moving around.
They're typically movig like this, I only include significant movement onlly:
1. San Francisco -->
___Sacramento (Huge) --> Sacramento / Fresno (insignificant)
___Los Angeles --> Las Vegas / San Diego --> (not much migration from LV/SD)
2. San Jose ->
......Sacramento (Huge) --> Fresno (insignificant)
3. Los Angeles (Huge) -->
.....Las Vegas / San Diego --> stay in San Diego
So the city that became the final destination is always :
1. Sacramento
2. Las Vegas
3. San Diego
4. Fresno ( a bit )
It's understandable that in the first two cities, there're more housing supplies hence the housing price is still bit more affordable than source city where people is leaving.