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> Still growing.

Right. Doesn't change the inflow/outflow dynamic.

> it's the fault of "the other", and that Oregon/Washington/Colorado/wherever are victims rather than merely other states impacted by the same factors California is -- namely, a booming economy, inflows to more urban areas, rising property values, growing wage gaps, etc.

Sure, I follow you. Nevertheless, the hypothesis that outflows from CA would be lower if CA housing were less expensive (because supply was less constrained) is a reasonable one, IMO. Do you disagree?

In that context, it is arguably correct to attribute (some) inflows from the state to CA's expensive housing policies, which are in many ways worse than other states.



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