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The affordability crisis in Los Angeles is driving people out of the area in search for more affordable living options. In fact, Los Angeles had one of the highest net migration losses in 2017, while the neighboring Riverside County had one of the highest net migration gains. This pattern is largely attributed to the increasing housing costs in Los Angeles and other coastal markets. According to a recent report from ATTOM Data Solutions, affordability has dropped to the lowest level in a decade.

Migration patterns are one of the consequences of affordability. “We here a lot about it anecdotally,” Daren Blomquist, senior vice president at ATTOM Data Solutions, tells GlobeSt.com. “If you can’t afford Los Angeles, you move to Riverside County, where it is more affordable. Or, you move to Dallas. In the migration numbers, we see a clear connection between affordability and migration patterns. Los Angeles County had one of the biggest net migration losses in 2017, after Cook County, Illinois. Riverside County, which is right next door, had one of the biggest increases of migration—the third highest in the country.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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