“I think California is becoming the world of the movie Freejack. The middle class is moving away. Well, parts of it. And it is becoming hell on earth for those still trying to struggle in the middle.”
It’s the basic explanation for what happened to all urban centers in the Midwest
I think you are correct. I was in Seattle for 46 years and remember all of those middle class neighborhoods. It costs a fortune to live in any of them now.
Heck, the house I lived in before I moved to KY 8 years ago was valued by Zillow at around $300k. It’s now at $1,300,000. That’s ludicrous. I still have family there. Wages have not gone up much since I left.