In the near- to even medium-term future, adding another $10K to the cost of a new home in much of California is going to have a pretty negligible effect on dema

In the near- to even medium-term future, adding another $10K to the cost of a new home in much of California is going to have a pretty negligible effect on demand. If you're expecting to pay over half a million for a home -- the median listing price for homes in CA right now is %515K, according to Zillow -- it's not much of an exaggeration to say that another $10K would be a rounding error.