Your last argument is actually not true. It's kind of the opposite, actually - high-earning people move to California and less-wealthy people leave because the

Your last argument is actually not true. It's kind of the opposite, actually - high-earning people move to California and less-wealthy people leave because they can't or don't want to pay the cost of living anymore. See [1]. [1] https://www.latimes.com/business/la-fi-california-census-migration-20181221-story.html https://www.latimes.com/business/la-fi-california-census-mig...