>The weirdest thing is that this is apparently happening with a net outflow from the state. Rents up over 60% with a stable/decreasing demand pool for housing i

>The weirdest thing is that this is apparently happening with a net outflow from the state. Rents up over 60% with a stable/decreasing demand pool for housing is an odd dynamic and likely means this is no ordinary supply problem. Only a net migration of domestic residents. After factoring in natural population growth and foreign immigration you still have a growing population.