I recently moved to California. Before i moved, people asked me "why are you moving there, its so bad?". Now that I'm here, i understand it less. The state is beautiful. There is so much to do.
I know the cost of living is high, and people think the gun control laws are ridiculous (I actually think they are reasonable, for the most part). There is a guy I work with here that says "the policies are dumb" but can't give me a solid answer on what is so bad about it.
So, what is it that California does (policy-wise) that people hate so much?
I don't know much about this topic, but it can generally be said that cutting off the supply of new anything necessarily reduces its availability in the secondhand market and that this will also produce an increase in price.