California Housing Problems Are Spilling Across Its Borders
RENO, Nev. — A growing homelessness crisis. Complaints about traffic congestion. Worries that the economy is becoming dominated by a wealthy elite.
Those sound like California’s problems in a nutshell. But now they are also among California’s leading exports.
Just ask the citizens of this city, where growing numbers of Californians and companies like Tesla have migrated to take advantage of cheap land and comparatively low home prices.
And it’s not just happening in Reno. Austin, Tex.; Boise, Idaho; Denver; Phoenix; Portland, Ore.; and Seattle have all seen a huge influx of home buyers from California, according to the real estate website Zillow.