What’s Driving California’s Mass Exodus?

  Переглядів 10,221,503

CNBC

CNBC

3 роки тому

As Oracle, Palantir and Hewlett-Packard Enterprise move their headquarters out of California and Elon Musk moves to Texas, California is considering raising taxes on the wealthy to unprecedented levels. Experts say California needs to find more ways to reverse the trend.
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: cnb.cx/2NLi9AN
#CNBC
What’s Driving California’s Mass Tech Exodus?

КОМЕНТАРІ: 54 000
@randallgoldapp9510
@randallgoldapp9510 3 роки тому
Must be really bad if CNBC has noticed this.
@brandaugment6492
@brandaugment6492 3 роки тому
They've been reporting on it for quite a while and especially so in the last year. So have other news outlets. I think maybe what happens is that politics got more of people's attention in the last while so other news stories weren't noticed as much.
@randallgoldapp9510
@randallgoldapp9510 3 роки тому
@@brandaugment6492 My bad for not following this more closely on the mainstream press. I have been seeing a lot of coverage on the alternate press for years. This is embedded with politics, just not the politics the left wants us to see. This crap is the inevitable result of leftest politics. The reasons why are too numerous to cover here, but the all boil down to the destruction of incentive.
@viviorko3345
@viviorko3345 3 роки тому
@@randallgoldapp9510 The key Randall is paying attention and bias. If you do these two things, you'd learn a lot. You shouldn't depend on mainstream media either. Simple research. The childish left and right nonsense is just labels for blaming people to make your side feel good. Participation trophys for blaming others doesn't solve problems.
@teraxiel
@teraxiel 3 роки тому
@First Last Uh, yeah it is. If that trend were to continue for 20 years that would be roughly 5% of the whole population. No it's not a big number by itself, but it's long term effects would be significant
@randallgoldapp9510
@randallgoldapp9510 3 роки тому
@@viviorko3345 what have I missed? There's nothing in this report that I haven't already seen. I was just surprised to see it on a mainstream platform.
@nakibsayyed4999
@nakibsayyed4999 3 роки тому
Leaving California is the most Californian thing right now.
@KRev-nb7gc
@KRev-nb7gc 3 роки тому
🤣🤣🤣 it is tho..
@GadgetBeat30
@GadgetBeat30 3 роки тому
True, I left 3 years ago.
@silaakkidumma
@silaakkidumma 3 роки тому
Typical Californians...jumping into the new trend so fast
@ewanfraser
@ewanfraser 3 роки тому
@@silaakkidumma yeah they should just do what’s wrong for them to please you.
@DavidDavis311
@DavidDavis311 3 роки тому
It’s a dump here. Over the last few months when I drive the freeway to work theres been an explosion of shanty towns on the embankments and the walls are being tagged with massive spray painted names. It’s staggering.
@Rubenbarlow
@Rubenbarlow 5 місяців тому
Having been concerned about finances throughout my entire adulthood, it's captivating to observe this video and realize that I can confidently identify with level 6. Experiencing the freedom of not being preoccupied with the financial concerns that consumed me for numerous years is truly liberating. I suppose this is the result of putting in diligent effort for the future.
@MarioRo1
@MarioRo1 5 місяців тому
Remarkable observations! Handling and staying abreast of things can be quite daunting for newcomers like myself. Are you a seasoned investor, or do you employ a methodical approach to staying well-informed?
@ScottRich9
@ScottRich9 5 місяців тому
Earning a substantial income exceeding 450k is incredibly gratifying. While it requires a significant investment of time, the satisfaction derived from the process keeps me consistently engaged. I attribute this financial success to the expertise provided by my guide.
@OlgaRusov
@OlgaRusov 5 місяців тому
I fully recognize the significant advantages of collaborating with a pro, but thus far, I haven't identified the right one for myself. Could you provide more details about the fiscal guide who has been guiding you?
@ScottRich9
@ScottRich9 5 місяців тому
I've enlisted Stacey Lee Decker as my fiscal guide, and her expertise contributes significantly to the fiscal industry. Acknowledged as a reputable authority in the field, she holds a deep understanding of portfolio diversification. I encourage further exploration of her credentials. With her extensive experience, she proves to be an outstanding guide for those aiming to grasp the complexities of the fiscal market.
@HakimZakzi
@HakimZakzi 5 місяців тому
Stacey appears to be really knowledgeable. Her resume, educational history, and qualifications were all quite good when I found her internet page. She will act in my best interests because she is a fiduciary. I thus scheduled a session with her.
@armoniqfields8016
@armoniqfields8016 Рік тому
I lived on Oakland for years. I bought a 10 Acer Ranch in Cotati for $185,000. It was so peaceful. Property values exploded. I didn't even have My Ranch on the Market and a Doctor offered Me 1.9 million. Sold it and moved to Texas 15 years ago. Best decision I ever made.
@tommurphy4307
@tommurphy4307 Рік тому
my parents bought the house i currently live in here in alpine (san diego county alpine) for 115K and it is worth about 800k now, but i like it here and i'm single and retired and the tax bill is just over 2200/year so i'm staying as i love it here. i'm pretty cheap so i think i'll croak before i run out of money- if not i'll sell this place and move into a senior low-cost housing nearby, but i like my 1.25 acres here and my fruit trees and cannabis grow room (i can grow my sativa strain outdoors, too) so much, i'm trying to stay to the Bitter End- give me strength!
@waffleBAM
@waffleBAM 3 роки тому
The rent is insanity and the average middle class family can’t afford a mortgage for even a 1 story house. Saved you 19 minutes.
@robiieray
@robiieray 3 роки тому
Thank you.
@wheypinapple6490
@wheypinapple6490 3 роки тому
One story house doesn't mean small
@connected.
@connected. 3 роки тому
Thanks because time is money
@jcgray6917
@jcgray6917 3 роки тому
In the Bay, LA and Tahoe, but not in the Valley of Cali. Its a dump (grew up there) but housing is cheap and things are quite spread out. Lots of room for building. Not so much in the SF Bay, some Coastal areas and SOCal.
@modelotime3608
@modelotime3608 3 роки тому
Literally, my rents 1,600 a month for a one bedroom in la
@truemultipking3591
@truemultipking3591 3 роки тому
Unreasonable cost of living, outrageous housing market, wildfire crises, homeless crisis, high taxes, high regulations.
@yipshingho1510
@yipshingho1510 3 роки тому
All checked, for Vancouver Canada!
@Amatersuful
@Amatersuful 3 роки тому
@@yipshingho1510 add Toronto too
@leighness1988
@leighness1988 3 роки тому
... earthquakes?
@brianpeck2694
@brianpeck2694 3 роки тому
Denver co is just as bad!
@stoptrudeau42
@stoptrudeau42 3 роки тому
@@yipshingho1510 bc is Canada's California lol I just moved here from Manitoba. Can't believe the homeless along the highways.
@tradekings5433
@tradekings5433 Рік тому
In this perilous time of recession, protecting your capital is much more important than making money. Basically because if you lose your capital, making money is much harder. ''Missing the train'' vs. ''losing your money''. There are a lot of trains, but if your money is gone, it's over. This is for stock holders.
@Natalieneptune469
@Natalieneptune469 Рік тому
American workers are experiencing unprecedented declines in their real incomes, which is why record numbers have been forced to work multiple jobs to make ends meet. When we talk about 9.1% inflation, the media acknowledged the true rate of inflation of about 18%?
@instinctively_awesome8283
@instinctively_awesome8283 Рік тому
It's going to break to the downside because of the macro economic conditions. It will not recover until the US inflation rate starts to come down. Right now, crypto derivatives trades are the only thing in my portfolio that is doing well and making me serious money.
@wiebeplatt4749
@wiebeplatt4749 Рік тому
@@instinctively_awesome8283 the severity of the condition of our economic circumstances is beyond many peoples comprehension and many continue to deny its existence. People are working and there is little or nothing to show for it. everybody is basically working to sort out one bill or the other. no savings.
@marianparker7502
@marianparker7502 Рік тому
My little advice, we need to prepare for the future we need to look into safer investment with good prospect . If you have the mindset of investing 5 years ahead and just keep DCA every time you get paid. My portfolio have accrued gains of about $130k under the guidance of my investment -Advisor "Nicole Ann Sabin" whose skills in portfolio diversification are unmatched and client-centered
@PhilipMurray251
@PhilipMurray251 Рік тому
@@marianparker7502 I just looked up Nicole Ann Sabin online and researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and how to go about the economy. I know basically, in order to survive the inflation i need guidance. I appreciate.
@anatejada1100
@anatejada1100 Рік тому
Seeing what’s happening to our cities makes me mad I didn’t take up politics. The laws and policies are destroying these cities. They keep raising every tax you can think of and have no idea where it goes….I’m in NYC and with the amount of taxes we pay it should NOT look the way it does….mismanagement and a whole bunch of crooks
@briangrant9026
@briangrant9026 Рік тому
You are so right!!!
@minhdo1728
@minhdo1728 Рік тому
And criminals are in control of the city!
@briangrant9026
@briangrant9026 Рік тому
@@minhdo1728 Why do you suppose the democrats always want to "defund the police"???
@Elijah1916_myhighway
@Elijah1916_myhighway Рік тому
@@minhdo1728 In both the office and the street.
@John-ir2zf
@John-ir2zf Рік тому
"mismanagement and whole bunch of crooks"...... yeah, that's the demo crat party.
@NostalgiaMan
@NostalgiaMan 3 роки тому
Taxes Taxes Taxes and super high prices for low quality housing. SMH
@Darrylizer1
@Darrylizer1 3 роки тому
Yes, cheap tacky and poorly constructed shacks going for 800,000.
@hughmongus9969
@hughmongus9969 3 роки тому
@@Darrylizer1 where? Santa Monica maybe, but U can also buy a beautiful home in riverside for 800k. I’m talking 3000 sq ft 4 bed 3 bath with a pool
@tehscope9422
@tehscope9422 3 роки тому
@@hughmongus9969 Hear in Canada for 800,000 to a 1,000,000$ if you don't want to live in a big city can get a 4 bed 4 bath house on your own private lake.
@jinxoculican6139
@jinxoculican6139 3 роки тому
@@tehscope9422 Exact same price, housing, and lake in my town, and I live in California but it's around 2 hours away from the cities
@robibautista3806
@robibautista3806 3 роки тому
Some leave for politics
@jae9843
@jae9843 3 роки тому
This is why whenever I see someone online bragging that they make $100k a year, I look at where they live.
@theesurge321
@theesurge321 3 роки тому
How do you look at where they live?
@mememaster9393
@mememaster9393 3 роки тому
@@theesurge321 their comment history or if they have social media, give their page a look and see if they mention their city on their posts
@candacegarcia921
@candacegarcia921 3 роки тому
Yes!
@jdoe4983
@jdoe4983 3 роки тому
Dude there are plenty of jobs where you make over 100k a year that aren’t in Cali. Find a better job or get a better skill set
@archieheard8375
@archieheard8375 3 роки тому
@@candacegarcia921 qwerty p
@fredhi2912
@fredhi2912 Рік тому
My wife and I left San Diego, CA on 24 Jun 2020. It took me a while to convince my wife to leave San Diego due to her family living there. But I was never near enough to my family and with both my parents and my brother passing away, I needed to be closer to my sister in Florida. My other reasoning for wanting to leave CA was political, 2A, and cost of living. Since moving to a much better state, we own a bigger house (2660sq ft), pay less for our house payment, no state taxes, no property taxes and we are doing a lot better now. There are two family members in San Diego that stated they want to move out of CA also.
@olat2597
@olat2597 Рік тому
Will you share what state you’ve been in the last 23 years? I’m in CA and 35 y/o. Think about leaving more than ever lately.
@sarahlee2121
@sarahlee2121 11 місяців тому
What city would you recommend in FL
@josephman1488
@josephman1488 2 місяці тому
Imagine leaving because of political views, and you want a gun cause of "gun rights" lol. Rather than economic reasons like jobs, lol. You're a conservative so it's a good thing you ran away to the south to a politically dubious state.
@MarcusFred-wn3iv
@MarcusFred-wn3iv 8 місяців тому
I admire the financial independence of people, But you can live better if you work a little more. After watching this I think there are people out there, on the extreme, who plan to die early just to be able to retire early. To each their own but to me, retirement isn't just about not having to work, it's about having the freedom to do whatever you might reasonably want, such as travel, buying things, enjoying life, etc. I don't think I could retire with less than $3m in income-generating investments, maybe $2m at the very minimum. I plan to work until I'm at least 45
@MarcelPhilips
@MarcelPhilips 8 місяців тому
Nobody knows anything, you need to create your own process, manage risk and stick to the plan, through thick or thin while also continuously learning from mistakes and improving
@MarcusFred-wn3iv
@MarcusFred-wn3iv 8 місяців тому
@@MarcelPhilips Having an investment adviser is the best way to go about the market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly cause I lack the depth knowledge and mental fortitude to deal with these recurring market conditions, I netted over $220K during this dip, that made it clear there's more to the market that we avg joes don't know
@MarcelPhilips
@MarcelPhilips 8 місяців тому
@@MarcusFred-wn3iv Who’s the person guiding you
@MarcusFred-wn3iv
@MarcusFred-wn3iv 8 місяців тому
@@MarcelPhilips credits to KRISTIN GAIL CUNNINGHAM, one of the best portfolio managers out there. she's well known, you should look her up
@MarcelPhilips
@MarcelPhilips 8 місяців тому
@@MarcusFred-wn3iv Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.
@BobTheBreaker9
@BobTheBreaker9 3 роки тому
My dad told me his reasoning for leaving recently: “nice weather doesn’t pay the bills”... hit me hard
@Bete_Noir
@Bete_Noir 3 роки тому
Actually, nice weather kinda does pay the bills. It certainly keeps your energy costs down and makes vacations to sunny locales redundant.
@2gunmoya
@2gunmoya 3 роки тому
Wow couldnt have said it better
@mathildaapril1175
@mathildaapril1175 3 роки тому
He is right. Nice weather is not worth being slave.
@tuliobenavidez9952
@tuliobenavidez9952 3 роки тому
@@mathildaapril1175 fasha
@latengocomoburro
@latengocomoburro 3 роки тому
That's not it, it is democrats that ruined the state with their reckless policies.
@567xd
@567xd 3 роки тому
The sad part is after the middle class leaves the people that are gonna be left are the wealthy and the homeless in California.
@azzwhipe1246
@azzwhipe1246 3 роки тому
Where the poor at? Holla 😝👌
@abiybattlespell8401
@abiybattlespell8401 3 роки тому
then the sewer mutants will take over the middle
@meatbeansandcheese
@meatbeansandcheese 3 роки тому
Wait until automation makes the need for cheap labor extinct and we're left with a population of uneducated, illiterate workers from other countries sitting on the corner with cardboard signs begging...Oh wait, our own population of uneducated drug addicts beat them to it..
@jolyne8674
@jolyne8674 3 роки тому
Nope, the more people that leave, the more affordable it becomes because there’s less competition for resources
@jolyne8674
@jolyne8674 3 роки тому
@Dav The quality of education doesn’t decrease based on that, and automation is why UBI is necessary
@rickymcdaniel7971
@rickymcdaniel7971 Рік тому
The problem that I don't see mentioned is that California of the past was so successful that people came here from all over the world for more than 170 years. The problems that we have, overpriced housing, homelessness ( mostly caused by the overpriced housing ) water shortages, over regulation etc. can all be traced back to overpopulation. As other states become overcrowded, they too will experience many similar issues. People that are complaining that they can't do what they used to in their formerly rural area and rising home prices, blaming California transplants. The real problem is that there are simply too many people in the world today.
@TayDays1128
@TayDays1128 Рік тому
Very simple explanation: the costs, crime, and culture are awful and nobody is interested in paying for a negative experience.
@yaphett1
@yaphett1 3 роки тому
The first "red flag", was people making $100k per year. Living in their cars, instead of an apartment or condo.
@MrSoulstealer1
@MrSoulstealer1 3 роки тому
100k a year living in an apartment? I mean its users choice but thats easily house money lol. In california owning a home is ridiculously expensive but if you are making 100k a year, they’ll consider you lol.
@MuppetsSh0w
@MuppetsSh0w 3 роки тому
@@MrSoulstealer1 learn to read
@HollyMoore-wo2mh
@HollyMoore-wo2mh 3 роки тому
@@MrSoulstealer1 Over a half a million for a POS house. I watch some DIY programs. In Texas we DOZE houses like that and start over. CA is killing itself ...slowly but surely and they have NO IDEA. IMHO - it's BIG TECH paying SOME of their people HUGE... H U G E money. Landlords said they can make $$$ from selling them their houses. GO for it BUT look what it has done to CA - LAND of Big Tech. BREAK UP big tech!
@yaphett1
@yaphett1 3 роки тому
@@MrSoulstealer1 From what I hear.. There was no choice. Real estate options were too damn expensive.
@deeplorable2913
@deeplorable2913 3 роки тому
@@MrSoulstealer1 Gavin Newsome is that you?
@DavidJohnson-dc8lu
@DavidJohnson-dc8lu 3 роки тому
24 seconds in, and I am starting to feel sorry for Texas.
@carlosguillen5540
@carlosguillen5540 3 роки тому
You can see it already.
@davidwalker6438
@davidwalker6438 3 роки тому
You oughta try living here, with these idiots pouring in.
@jediryan9454
@jediryan9454 3 роки тому
Texas will turn blue in a few years. Thanks California!
@javidallas4113
@javidallas4113 3 роки тому
What happened to us in Texas is one in a lifetime thing with the weather , but what Communist California goes through is an everything thing .. so keep feeling sorry for us while we keep shinning and you stay wherever you live @ dork
@walczacyrys826
@walczacyrys826 3 роки тому
@@javidallas4113 I think the insufferable woke mob is not able to reform. They can move to your locality and bring their ideas. we know by now what these ideas mean to a community exposed to them. So get ready
@crystaln6988
@crystaln6988 Рік тому
ive lived in california all my life-50 years. seems crowded as hell to me, still.
@SM-le7qb
@SM-le7qb 23 години тому
I am visiting California from Michigan in a couple of weeks, and the prices and cost of living in California is crazy!
@jasonwright9834
@jasonwright9834 3 роки тому
Everyone is blaming the “State” yet its the residence of that state that voted for these policies
@Liberalcali
@Liberalcali 3 роки тому
I didn’t vote these clowns in I vote red and no on taxes
@Momo-zs7nl
@Momo-zs7nl 3 роки тому
@@Liberalcali we need to promote red votes and show everyone how these friendly states r all red all we gotta do is vote red to flip it
@wax1776
@wax1776 3 роки тому
True. I almost feel sorry for them but my wife reminds me that their politicians got voted in. Just like the people of Venezuela.
@Momo-zs7nl
@Momo-zs7nl 3 роки тому
@@wax1776 frfr ion feel sorry they just have to vote out the democrats and watch Cali bloom and the democrats the reason for the downfall of that state
@Momo-zs7nl
@Momo-zs7nl 3 роки тому
@@natoslayer2907 cuz the stoopid not to vote lol
@kubush
@kubush 3 роки тому
It's simple. Citizens are leaving because of the cost of real estate. Companies are moving because they want to pay less taxes.
@backpackpepelon3867
@backpackpepelon3867 3 роки тому
This exodus will turn some red state blue 😀
@BlueFlyer83
@BlueFlyer83 3 роки тому
@@backpackpepelon3867 they're like locusts.
@thegadfly1951
@thegadfly1951 3 роки тому
And then they will vote in the same policies and politicians that caused them to move out in the first place.
@Alex-tv3jy
@Alex-tv3jy 3 роки тому
One pro is cost of living for people who are staying is slowly going down. Never thought i'd afford a 2bd in San Francisco
@mr.raslyon6626
@mr.raslyon6626 3 роки тому
@@backpackpepelon3867 yeah, all it takes is one cancer cell...wish blue voters ran to other blue States.
@benjaminngo1040
@benjaminngo1040 Рік тому
I was born in California. And as much as I love the weather and such here. This exodus and all this bad stuff happening to California is a necessity. You can't stay forever at the peak, you have to fall to rockbottom to rebuild. Its just the natural cycle of everything.
@tommurphy4307
@tommurphy4307 Рік тому
good comment- it was past the breaking point.
@MakeYouFeelBetterNow
@MakeYouFeelBetterNow Рік тому
It's not a cycle, it's the outcome of communist policies.
@ChristianRunsNY
@ChristianRunsNY Рік тому
California is going to need to realize as much as they would like a lot of expensive programs in place, they can't go as far as they want with lots of other states available for businesses to just shift over to. It isn't a move to a new country, just a hop over a few state lines just hours away.
@blaisepascal5197
@blaisepascal5197 Рік тому
The state is controlled by socialists, This is what socialist do. In the end you must hold the voters responsible.
@tommyjjarboe
@tommyjjarboe 3 роки тому
Stagnant wages, outrageous rent and home prices, and overbearing taxes.
@dontundra2259
@dontundra2259 3 роки тому
Pretty much as simple as that.
@therealdealholyswillreside1571
@therealdealholyswillreside1571 3 роки тому
correct, correct, correct aaaaaaaannnnnd correct
@randytaylor6931
@randytaylor6931 3 роки тому
A shithole in the ghetto is like 1500 . Loud music and drinks all day and night
@Peter-td3yk
@Peter-td3yk 3 роки тому
Just a start.. im retired a multi millionair renter.. Neighbors refuse to acknowledge my presence.. No kidding the most unfriendly place I have lived out side of marlboro massuchuttes where they still call your home by the last owner right in front of you??? At least in san jose they just ignore you....
@Alanom2007
@Alanom2007 3 роки тому
Sounds a lot like vancouver lol but wait california's economy is larger than all of Canada,wonder what went wrong.
@GokuFievel32
@GokuFievel32 3 роки тому
Why the exodus? "The fact that you don't know is half the reason right there"
@thebenc1537
@thebenc1537 3 роки тому
they dont even talk about 2020 at all
@GoCRAZYfolks
@GoCRAZYfolks 3 роки тому
They know, they just don't care and want to spin it like the reason isnt the corrupt politicians.
@mr.anderson1454
@mr.anderson1454 3 роки тому
supply and demand and gentrification ruined California. now it will ruin Texas.
@Studio-C
@Studio-C 3 роки тому
Perfectly said, if you still don't know, I guess you'll never figure it out.
@Heycool08
@Heycool08 3 роки тому
@@Studio-C there are people of all ages in this country/state, there's no reason to gatekeep information to feel superior when a lot of folks are really young and just learning the basics.
@stevepick9527
@stevepick9527 Рік тому
After living in this state for over 60 years, I can’t believe how bad things have gotten not only for small businesses but for the middle class and quality of life. Calif used to be a paradise, it has now become a nightmare. Outrageous gas prices, more and more regulation, highest tax rate anywhere, gridlocked roads, on and on. This is all a direct result of the far left liberal policies and they refuse to understand or even acknowledge that. We could go onto crime which is not being punished and letting 70,000 criminals out of the jails. What a total disaster.
@njonjokibera9587
@njonjokibera9587 Рік тому
California has to vote wisely instead of voting democrat all through election year. Homelessness epidemic crime wave housing crisis is making California unlivable. I wouldn’t be surprise if Hollywood celebrities leave California because I bet they are tired of high taxes regulations etc. Californians deserve better
@Chelsea123Chii
@Chelsea123Chii 4 місяці тому
Cali native here, same feelings ;'(
@kbanghart
@kbanghart 3 місяці тому
​@@Chelsea123ChiiI love California
@Ryanmobilereviews
@Ryanmobilereviews Рік тому
I remember when I was 12 and moved from New York to California. My dad had a business and New York was getting heavily taxed at the time. We moved to California to improve our lives and now CA is getting heavily taxed.
@tommurphy4307
@tommurphy4307 Рік тому
the idea is to hurry up and retire/become a senior so that when they do try to tax you- they look like Bad Guys.
@jimmyispromo
@jimmyispromo 3 роки тому
Surprised it took people this long. CA, NY and other areas just makes 0 sense to live or work at. Super expensive for decades.
@nikoid3631
@nikoid3631 3 роки тому
California is not small business friendly, many of them moving to the low tax state. California is a place for the rich, not the middle to lower class, especially now that many are homeless because they cannot afford to live with the very high costs. I moved to NYC 3 years ago from Northern California, lived in Brooklyn and worked in Manhattan. The cost of living here is still very affordable than in California. Me and 2 of my friends rented 2 rooms and 1 bathroom for about 1800 per floor divided by 3 to 600 per person. Our salaries are around 130,000 per year. The cost of eating in broolyn is cheap, neighbors help each other ... Subway transportation was only 2.75 so we didn't have to buy a car to get around NY. A city that is very diverse, cool and friendly to the lower middle class. California is a beautiful state, the weather and nature are beautiful but the rules are very strict, taxation is very difficult to survive especially middle to lower.
@tommylee8795
@tommylee8795 3 роки тому
@@carrickdubya4765 130k a year is good but not great. But if you really understand IT the average salary plus bonus per year in silicon valley is 230k per year with 5 years experience. I work with engineers making 700k and 1 million per year. Of course the salary is not 1 million but like 400k and 600k bonus. In good companies you get 30% bonus based on your salary and stock options. The very best guys can make 800k with ten years experience. Some guys work 15 years and get pay only 100k - it depends on how good you are. In IT the salary get so ridiculous to the point that people not in IT don't believe it.
@edwardallen2696
@edwardallen2696 3 роки тому
@@euphoricrain775 call bs all you want if you look up how much a lineman makes in California it says around 120,000 but we make 400k if all the overtime you’re given you work.
@Jawshuah
@Jawshuah 3 роки тому
Zoom changed everything
@jm361
@jm361 3 роки тому
Its been known for a few years, the real shift occurred with in the past 1 year or so, and it was advertised on the news via DHSMV posting the DL change overs from states.. It showed a 22% increase from the "East to the West" and 13% of NY folks also now carry FL DL/ID's.. Crazy stuff, The DMV tracks everything and was at least honest by telling us Floridians whats up and who's coming!
@bobbrown8661
@bobbrown8661 3 роки тому
California: "You don't like it? Leave!" Companies: "Ok"
@Jay-eb7ik
@Jay-eb7ik 3 роки тому
Dude, 18k companies left within the last decade. Thats insane!
@omarblack4206
@omarblack4206 3 роки тому
Good
@bigsqueak4086
@bigsqueak4086 3 роки тому
Texans (and Austinites): NOOOOO!!!!!
@vyepez500
@vyepez500 3 роки тому
California : *Surprised Pikachu Face*
@specificsjsvn3350
@specificsjsvn3350 3 роки тому
Deep down California lawmakers don't care if people leave. If California keeps growing it will be clustered as New York or even more
@lavengala999
@lavengala999 Рік тому
if you work in NYC the tax you get taken is around 33% in total. I say this from experience, my check was $1350 and I only got around $900 after taxes. I'm somebody that sooner or later will be leaving NYC.
@sdmurphy20
@sdmurphy20 Рік тому
My cousin is from Brooklyn, left New York, and moved to the Des Moines area because of the high cost of living
@Pedro-xo7ps
@Pedro-xo7ps Рік тому
I've lived in California for the past sixty six years and the traffic keeps getting worst!!!
@No1CurrMadison777
@No1CurrMadison777 3 роки тому
I’ll save you 20 mins: they move because of taxes
@GradyBroyles
@GradyBroyles 3 роки тому
lol. And California will continue to be the 5th largest economy on earth just like it was before the tech-bro's took over. Jealous much?
@ginahasa6312
@ginahasa6312 3 роки тому
Also this is CNBC encouraging people why they should consider moving to Texas (wink wink)
@JohnnyJPatt
@JohnnyJPatt 3 роки тому
@@GradyBroyles it won’t be the 5th largest economy for long if people keep leaving in the numbers they currently are leaving in. What are you going to do then? Try and force them to stay?
@versatileduplicity9313
@versatileduplicity9313 3 роки тому
What fuckass year !!!!!
@GradyBroyles
@GradyBroyles 3 роки тому
@@JohnnyJPatt lol you act like this has never happened before. You must be new here.
@Shadowholocaust
@Shadowholocaust 3 роки тому
Is this mass exodus going to teach us a lesson, or is this more like a cancer metastasizing?
@jaredkinneyjr
@jaredkinneyjr 3 роки тому
The Cancer is spreading to Texas with big tech & their extreme anit-freedom leftie ideologies. I'm not red or blue either. Just dont ever tell anyone what they can or cannot do. Let people be free & the people on the left love telling people what to do. I dont get it... Live & let live please
@barneystinson2781
@barneystinson2781 3 роки тому
@@jaredkinneyjr unfortunately many of the people leaving California don't seem to understand that. One of my good friends moved from California when he was a kid and his parents still vote blue no matter who even though they have talked at length about wanting to go back to California but being unable to afford cost of living. There is a disconnect. People don't seem to understand how the people they vote for affect their lives with policy and law
@midwestlakelife
@midwestlakelife 3 роки тому
Michigan has accelerated their path to California. I don't see this as dumb people making dumb laws and rules. I see this as something much bigger. I always knew Michigan would be a target because of the Great Lakes. They're working to destroy Michigan and everyone in it so that the ruling class can get rid of the local cockroaches, the 99%, and scoop everything up. Michigan is full of natural resources and largest fresh water reserve in the world. Whitmer has been given her orders to decimate. Most people too stupid to understand what's happening. Unfortunately, we will all be victim, no matter where we live to Agenda 2030 and Great Reset if we don't put up resistance.
@hobomisanthropus2414
@hobomisanthropus2414 3 роки тому
It's a metastasis. California will forever be a Blue state, because they've successfully imported enough demographic shift to cement a stranglehold.
@sebione3576
@sebione3576 3 роки тому
The blue wave is now sweeping across the country. It's only a matter of time before every state is just like California.
@leeroywolphagen8451
@leeroywolphagen8451 4 місяці тому
Good the state will learn from its greed. Forget major businesses, you can't never raise an ordinary family in this one state alone.
@deplorablecovfefe9489
@deplorablecovfefe9489 6 місяців тому
They just eliminated Fast Food restaurants in Cali with their $20@hr min wage. There just won't be any McDs, Arbys, KFC, Chick-fil-a...
@n.trs1788
@n.trs1788 3 роки тому
Ironically Californians are making the areas they’ve moved to, too expensive for the rest of us.
@LouisSubearth
@LouisSubearth 3 роки тому
You can take Californians out of California, but you can't take California out of Californians.
@huudielbo728
@huudielbo728 3 роки тому
Same in UK, overpaid Londoners are pushed out and prices are up on everything.
@deathlarsen7502
@deathlarsen7502 3 роки тому
How is that ironic?
@deathlarsen7502
@deathlarsen7502 3 роки тому
You clearly are the type who went to college but didn't learn sqwat
@kailaredwine
@kailaredwine 3 роки тому
Exactly!!
@chrisrobco2003
@chrisrobco2003 3 роки тому
We will be having this same conversation in 20 years asking why companies are leaving Texas and going to Alabama.
@profitmix441
@profitmix441 3 роки тому
That’s if democrats stay away from Georgia. But so far they took over GA so those taxes are crazy laws are coming
@andysseki4155
@andysseki4155 3 роки тому
Scary thing is that could actually happen in the future
@melvinmataele
@melvinmataele 3 роки тому
suuure
@xplics
@xplics 3 роки тому
The democrats will vote and mess up everywhere they go
@noway9796
@noway9796 3 роки тому
More like 5 years
@ThePsychedelicSquirrel
@ThePsychedelicSquirrel Рік тому
I would really live to see an update on this
@terenzo50
@terenzo50 Рік тому
Whatever it is, please don't stop leaving. It'll make the place liveable again.
@bbbykelly
@bbbykelly 3 роки тому
I’ve seen this in Sim City. Pretty soon a big monster is gonna come in and knock down half the buildings and then you’re screwed.
@binarysignals9593
@binarysignals9593 3 роки тому
😂😂😂😂😂😂😂
@thegreatken2073
@thegreatken2073 3 роки тому
I raised all the taxes on my city cause I wanted to get rid of my debt, the people never came back 😔
@raifikarj6698
@raifikarj6698 3 роки тому
Then the city become bancrupt because the maintenance and replacemant cost shio out to the roof but income dwindling
@SandStormXII
@SandStormXII 3 роки тому
Lol
@dsimpson530
@dsimpson530 3 роки тому
It was Bowser in the super Nintendo version 😊
@skyf67
@skyf67 3 роки тому
To summarize it’s the high costs and low quality of life.
@almostontimehero5415
@almostontimehero5415 3 роки тому
So you are saying... a state divided between the super rich and their public services serfs isn't a dreamland? Have they tried taxing the rich even more to make up the difference?
@almostontimehero5415
@almostontimehero5415 3 роки тому
@gunner Richthofen Work hard and keep little or work less and get freehand outs. Which do you think people would vote for? Socialism/Communism sounds good in theory. IN THEORY.
@densmith6727
@densmith6727 3 роки тому
@gunner Richthofen lolol
@densmith6727
@densmith6727 3 роки тому
smartest comments on the line I have seen for a long time.BUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
@pewpewlazers5702
@pewpewlazers5702 3 роки тому
@@almostontimehero5415 it would work if humans in general weren’t greedy. When you build an idea or business from the ground up you want to see it flourish. It’s why billionaires never retire. But taxes are generally the same everywhere - it’s not taxes that are destroying California business, it’s anti-business practices that are forcing companies to leave.
@mattyg69ification
@mattyg69ification Рік тому
Politicians are throwing their hands up wondering why the homeless population has exploded, and why crime is extremely high. It's unlivable for regular people. I watched a video titled 'Save LA' and it really put into perspective how bad things have gotten. BC in Canada is turning into the California of Canada. We already have a major homeless problem and a lot of people are leaving for other Provinces for more affordable living. BC already has a negative birth rate; it's only going to get worse.
@tommurphy4307
@tommurphy4307 Рік тому
i heard the canada's california thing way back in the 80'S. who made that vid?
@apopope72
@apopope72 Рік тому
The price of housing is ridiculous.
@robrobbey
@robrobbey 3 роки тому
The cost of living in California is ridiculous, I could never afford to buy a house out there that is why I left.
@methodlessmadness3132
@methodlessmadness3132 3 роки тому
Dc and cali. Highest ive personally seen
@mynormorales6653
@mynormorales6653 3 роки тому
Please don't leave. Stay.. rot with your leftist thoughts and stop poisoning our Republican states.
@mkultra8947
@mkultra8947 3 роки тому
Listen not everyone from California thinks that way we just want a better way of living
@nerad1994
@nerad1994 3 роки тому
@@methodlessmadness3132 and ?Hawaii
@methodlessmadness3132
@methodlessmadness3132 3 роки тому
@@nerad1994 i was thinking main land. But sure Hawaii id say is over both of them.
@misterclawboi1805
@misterclawboi1805 3 роки тому
*California when Apple moves to Texas* : “We are so screwed” 🥴
@Rikity
@Rikity 3 роки тому
Tesla did more inside the state than apple though, they actually built their product there. Apple has Chinese children building all their products and importing them back in. Plus looking forward to the future, Jobs died and the innovation in Apple went with it, Musk is the main factor driving Tesla, he's still alive
@GolfOnADime
@GolfOnADime 3 роки тому
Yes you will be. Your traffic will be awful too.
@brilloobrill1846
@brilloobrill1846 3 роки тому
Meanwhile Texans watch as foul NY and California attitudes get transplanted to Texas. gross...
@TomisaLami
@TomisaLami 3 роки тому
Why?
@classifiedinfo7244
@classifiedinfo7244 3 роки тому
Screwed out music texas?
@softroseforyou7457
@softroseforyou7457 Рік тому
I love California. It has deserts, mountains and the ocean near by. It has great amusement parks like Disneyland, California Adventure, Knotts Berry Farm, Magic Mountain and Universal Studio to name a few and it has many professional teams like the Golden State Warriors, Los Angeles Rams, Los Angeles Lakers, The Los Angeles Dodgers just to name a few. You can go up north to wine country and see the cute town of Carmel or go to San Diego and see the cute town of Coronado Island. These are just a few things that you can do. There is also a lot of great restaurants and let's not forget about the beautiful weather in California. Also there are a lot of beautiful hotels here. Yes California has it all if you can afford it. But unfortunately it is too expensive for many people to live here. So I can understand why people would want to move.
@be4unvme
@be4unvme Рік тому
The entire country is beginning to become like CA/NY. Expensive, homelessness, high crime, "liberal policies".
@daveholeck6595
@daveholeck6595 Рік тому
Remember this: those 20 or 30 workers in a 'mom and pop" business are the ones who each know at least 100 voters, can influence them, pay taxes, keep the economy going or not. My question: why do we keep working for monopolies that get tax breaks and keep us poor ?
@kk4649k
@kk4649k 3 роки тому
Honestly a high schooler could've told you all this as well. This bubble was going to pop sooner or later. Inflation in california is just insane.
@Tiago-
@Tiago- 3 роки тому
@David Webb, broke how? Also, I appreciate the exodus.
@whathell6t
@whathell6t 3 роки тому
@David Webb Dude! You forgot to factor in their Agricultural and Logistics industry which still rakes in billion of dollars; and is having a hard time finding high skilled workers to fullfill their gaps. Even with undocumented immigrants, that still not enough and need more workers. They alway failed to poach future employees from the Tech, Additive Manufacturing, and Entertainment industries.
@whathell6t
@whathell6t 3 роки тому
@David Webb Also! Do you actual read the CA’s treasury dockets, and optics graph analyzed by statisticians?
@Tiago-
@Tiago- 3 роки тому
@David Webb, yeah, it's the highest in welfare costs and has a large deficit. Had to go confirm the info. I live in LA and live LA and California, but I hate the local government. I'm not a huge fan of the police, either. They seem plenty helpful for the capital group owned development across the street from where I live, but not for the residents. I feel like that experience pretty much sums up how our city government works, which makes me feel like that's how California in general works. I don't see many people to vote for who I feel are likely to fix the issues causing the bad financials.
@rofidganteng1
@rofidganteng1 3 роки тому
thats actually a good things when big tech move out from california. supply and demand. hope it will bring back down rent price and other. the economics also not centralized in california again. it can spread out through US more.
@thealphaomega4888
@thealphaomega4888 3 роки тому
California: *shoots its own foot* California: "WhY dOeS It HuRt??!?!?"
@nightmareseer3755
@nightmareseer3755 3 роки тому
😂
@shaneoxygenbond8969
@shaneoxygenbond8969 3 роки тому
New York proceeds to do the same
@jAsciba
@jAsciba 3 роки тому
Well it seems there are these metrics which are causing this...hmmm
@specificocean588
@specificocean588 3 роки тому
then theyre gonna do it to texas
@Nonename365
@Nonename365 3 роки тому
Your all idiots! California has over 40 Million people , most population in any state of America , losing 200k people a year is not a problem
@marktwain368
@marktwain368 Рік тому
Excellent analysis and insight into a massive trend that is shaping the America of tomorrow. A must-watch for anyone.
@monicajones5943
@monicajones5943 Рік тому
For me it was an emerging music industry in Atlanta, as well as, the motion picture industry filming in Georgia.
@kwang7225
@kwang7225 3 роки тому
When I left California 3 yrs ago, I was making 150k/yr, impossible to afford a home in a decent area. CA is super unfriendly to middle class.
@kylehill3643
@kylehill3643 3 роки тому
What's a middle class? You either have gobs of money to afford gated communities or you live in a tent.
@theresekatie4841
@theresekatie4841 3 роки тому
$150k is middle class!!!!?
@trevor6607
@trevor6607 3 роки тому
@@theresekatie4841 Its all about cost of living... and in CA the cost of living absurd.
@theresekatie4841
@theresekatie4841 3 роки тому
@@trevor6607 true, where I live $80k is middle class.
@hugorodriguez5361
@hugorodriguez5361 2 роки тому
@@theresekatie4841 In some parts of Cali like San Francisco, individuals making less than $90k are considered to be below the poverty line threshold.
@solomonhood8392
@solomonhood8392 3 роки тому
They never mentioned poop on the sidewalks
@atheistconservative6211
@atheistconservative6211 3 роки тому
Used needles littering the beaches, people sh!tt!ng openly in public
@lilsniffyakapedojoebiden571
@lilsniffyakapedojoebiden571 3 роки тому
Commies will never acknowledge their mistakes
@austindvarga9
@austindvarga9 3 роки тому
There’s an app for that it’s no problem
@adamkendall997
@adamkendall997 3 роки тому
C'mon man, it's mostly peaceful poop.
@nich4815
@nich4815 3 роки тому
I always liked the poop
@danielhensley3983
@danielhensley3983 Рік тому
All my family have left for Idaho, Texas and Missouri. All of them say it was the absolute best decision they ever made.
@jms9057
@jms9057 Рік тому
13:00 is basically "If we're not careful, we'll have to cook our own food, mop our own floors, and raise our own kids, because there won't be anyone to do it for us." Waahhhhh!
@AMPJ08
@AMPJ08 2 роки тому
Forget taxes! There’s no water!
@kevinstroup
@kevinstroup 2 роки тому
You double the population from what it was in the 1970s yet actually decrease water resources. Brilliant. Just. Brilliant.
@helpyourpocket
@helpyourpocket 2 роки тому
No water with one ocean on the side. How ironic!
@eveharris30
@eveharris30 2 роки тому
Lots of water. What part of Texas are you from?
@garrettrains1164
@garrettrains1164 2 роки тому
There is. It's just mismanaged.
@_Circus_Clapped_
@_Circus_Clapped_ 2 роки тому
keep pumping out those kids
@JY6forlife
@JY6forlife 3 роки тому
all these damn taxes just to still have terrible roads and trash everywhere
@WorldBelongsToUs
@WorldBelongsToUs 3 роки тому
I can confirm this having lived in California several years before moving out. Looks like a dump everywhere and it's embarrassing to see international guests have this impression of America. Disgusting!
@christybultsma6558
@christybultsma6558 3 роки тому
That's because they are stealing our tax money by sending it out of the country for aid- grants - and bullshlt "world memberships". Does it matter that we need our money? No. They are even spending the money of the people in the future, their future money, our children & grandchildren and theirs. When are people gonna wake up? They are gonna keep people poor & powerless for generations to come.
@hellstromcarbunkle8857
@hellstromcarbunkle8857 3 роки тому
Without the "damn taxes" you'd have no police (1/3 of the various city budgets). That would really work
@fredwilley5931
@fredwilley5931 3 роки тому
Don't forget the homelessness.
@cindynuchi5488
@cindynuchi5488 3 роки тому
I live in Sacramento California and the road are horrible where I work and garbage every where but rent still going up smh
@waynethompson1115
@waynethompson1115 Рік тому
Left Cali in 08', one of the best decisions ever. Quality of life is so much better than what we had. We can visit the San Fran Bay area anytime, just glad I don't live there and didn't raise my kids there.
@markelam3242
@markelam3242 7 місяців тому
And yet they will keep raising taxes
@Ickabodxx
@Ickabodxx 3 роки тому
The most shocking fact about this, the video was done by CNBC.
@TactileCoder
@TactileCoder 3 роки тому
left leaning media is more self-critical than conservative sources imo. I have NEVER seen Fox News et al criticize similar right wing negative trends.
@moisessilva9002
@moisessilva9002 3 роки тому
lol
@SecretStashBrosBuilds
@SecretStashBrosBuilds 3 роки тому
@@TactileCoder what are some negative right wing trends?
@FlyingV555
@FlyingV555 3 роки тому
You woulda thought Fox would’ve done this story. Guess not.
@kevineusebio
@kevineusebio 3 роки тому
@@FlyingV555 Fox doesn't have an outlet that does videos than this. They do this on Fox News directly.
@CountArtha
@CountArtha 3 роки тому
1. The government. 2. The government. 3. The government. Honorable mention: The government.
@circesoul2218
@circesoul2218 3 роки тому
The voters
@bobroberts2371
@bobroberts2371 3 роки тому
And who drives the Govt ? The voters that gave both CA branches a super majority. Make no mistake, the CA transplants are going to trash the states that they move to and wonder why things get bad.
@nonmagicmike723
@nonmagicmike723 3 роки тому
But, but.. how will our public employees get them fat six-figure pension contracts, and how will workers not get paid 8 bucks an hour without the government?!!! Who's gonna ban those plastic bags, and require adult performers to wear condoms?! And how are those college brats gonna pay for the liberal arts studies! You libertarians want to live in a jungle!! Jungle like Texas or Florida. I'm being sarcastic in case it wasn't noticed.
@yomomma5664
@yomomma5664 3 роки тому
Blame Newsom and liberals this is what they want watch us end up in real life escape from LA
@bobroberts2371
@bobroberts2371 3 роки тому
@@nonmagicmike723 said : " And how are those college brats gonna pay for the liberal arts studies! " I say, have a look at this vid,be sure to watch the entire thing. " Columbia University Students Vow To Ramp Up Tuition Strikes " On the channel " CBS New York
@SaintMartins
@SaintMartins Рік тому
I have a co-worker that moved to Mexico b/c she wanted to work remotely from there, however our company to save money was going to do an international pay adjustment since she moved to another country where wages are lower there. She moved back to the U.S. faster that a virgin boys first time.
@tommurphy4307
@tommurphy4307 Рік тому
what a cheap-ass company- or maybe they were trying to tell her something.
@ryanrandolphwhipple
@ryanrandolphwhipple Рік тому
Siren call for rethinking has to happen now.
@tinazheng475
@tinazheng475 3 роки тому
House is 50% more expensive? More like 500% more expensive
@ibealion1
@ibealion1 3 роки тому
@Mary Ray Rent control drives rent up, not down. The landlords start out high knowing that they won't be able to raise it for a while. You would do the same if you owned a house and couldn't raise rent for a tenant as your costs go up. Whenever you try to control the market, the market still exists and finds a way to function.
@wanaraz
@wanaraz 3 роки тому
@Mary Ray No Never!
@wanaraz
@wanaraz 3 роки тому
@Mary Ray Move
@wanaraz
@wanaraz 3 роки тому
@@ibealion1 Exactly
@julesrandolph7910
@julesrandolph7910 3 роки тому
@Mary Ray still less than nyc though
@professormacdeezy
@professormacdeezy 3 роки тому
alternate headline: tech nerds conclude theyve ruined Bay Area, Off to ruin Austin next
@americanmade-1
@americanmade-1 3 роки тому
@CRAM MARC thats not true at all lol
@veganconservative1109
@veganconservative1109 3 роки тому
@CRAM MARC If Austin is like Phoenix your summers are hotter than they used to be. Not because of gasoline cars, but due to cement and asphalt.
@thetruth4865
@thetruth4865 3 роки тому
hope the Bay Area returns to the former tech ways when ppl were less racial.
@bigdeal39
@bigdeal39 3 роки тому
@@thetruth4865 🤔 What ?
@nickwit21
@nickwit21 3 роки тому
😒
@TS50ER
@TS50ER Рік тому
Jim Morrison was right when he sang: Save our city. Save our city. Right now
@bethanyprader2272
@bethanyprader2272 7 місяців тому
Why do they only talk about the crazy high places? We just bought a 4/2 for $310,000. That's less then the lady in Texas bought her house for... California isn't too expensive unless you want to live in one of the 3 largest cities. But considering how large California is there are tons of other places to live and work. California is more then just San Francisco, LA, and San Diego.
@rayman1230
@rayman1230 3 роки тому
High salary/income is meaningless when the cost of living if higher and standard of living is less
@maplebones
@maplebones 3 роки тому
Do tell !
@reyannawynters1800
@reyannawynters1800 3 роки тому
Very true
@meganlukes6679
@meganlukes6679 3 роки тому
It’s downright depressing to feel poor even though your W2 says you’re grossing 6 figures, especially if you came from somewhere more affordable so you know just how BS your situation is.
@ThePeacePlant
@ThePeacePlant 3 роки тому
Actually California is dope, the weather is great, absolutely great! Most of the people are open minded, but their politics are garbage, that's why I will not move there when I really want to
@rayman1230
@rayman1230 3 роки тому
@@ThePeacePlant I don't want open minded people if they aren't intelligent. They apparently are lacking because they keep voting in crazier and crazier people. Who in turn are driving out the most intelligent and hard-working people. Which now completely works against their agenda to take from the middle class to give to the poor. Then making it even harder on the middle class. It's like a compounding interest of horrible ideology. Reward useless people in society. Punish the good hard working people. And finally insert everything that's abnormal and insane, calling it correct. Smh. Id love to see farmers cut off for supply to all the major cities just to watch them implode
@j.rdesert1102
@j.rdesert1102 3 роки тому
California doesn’t have a revenue issue, it has a spending problem.
@Frank-yl3yl
@Frank-yl3yl 3 роки тому
Its going to have a revenue problem...
@chrismilyo3702
@chrismilyo3702 3 роки тому
Its not a revenue problem, its a leadership problem. The liberal leadership ruining the state.
@oldkayakdude
@oldkayakdude 3 роки тому
40 million people in California has something of an effect. Put 40 million in Texas and you're going to have the same issues.
@palillo2006
@palillo2006 3 роки тому
And people have a problem with defunding the police yet complain about the spending problem. lol
@palillo2006
@palillo2006 3 роки тому
@@chrismilyo3702 You really do not know California politics lol. You should see what happened when Republicans ran the state under Arnold. The state was on the verge of bankruptcy and they could not afford to give state tax refunds back.
@davidstaudohar6733
@davidstaudohar6733 Рік тому
I used to live in San Francisco , CA the 220 foot drop from the Golden gate bridge to the ocean is a fact , 1,000 people every year go to the Golden gate bridge to commit suicide
@user-op7qu7tw3v
@user-op7qu7tw3v Рік тому
Everyone from the company I worked for, moved out of California when they retired. Florida, Idaho, Oregon, Arizona, Nevada, Texas...
@eragonenfrancais1342
@eragonenfrancais1342 3 роки тому
The people are moving and voting for the EXACT same thing that made them leave California...
@yeetyellow4024
@yeetyellow4024 3 роки тому
Can’t wait for Texas to become California
@swgeek4310
@swgeek4310 3 роки тому
@@yeetyellow4024 I understand all the thoughts about this but I don't know if this would happen. Main stream media wont have you believe this but people, in general, either side of the aisle are more common sense about things and really can find common ground. I think people see a good set up in Texas and won't bring what brought CA down simply because that is why they left. IDK, as man we find a way to screw up everything time will tell.
@dillonblair6491
@dillonblair6491 3 роки тому
How? Democrat policy isn't even what caused the main issues of California. The reason most Californians want to leave is high cost of living, the reason the cost of living is so high is because so many people live there already.
@bobroberts2371
@bobroberts2371 3 роки тому
@@dillonblair6491 So you are saying that it is Trump's fault?
@clv603
@clv603 3 роки тому
@@dillonblair6491 delusional.
@DurpeeSlurpee
@DurpeeSlurpee 3 роки тому
"what's causing this exodus?" Unless you've been living under a rock for the last 20 years, it's pretty obvious why people are leaving.
@hectorestradajr7884
@hectorestradajr7884 3 роки тому
Woah woah woah. You’re not allowed to think that!!! (Sarcasm)
@robertkennedy6397
@robertkennedy6397 3 роки тому
@Samuel Santoro Your king lost the election, cry us a river.
@jerrybesch8532
@jerrybesch8532 3 роки тому
@@robertkennedy6397 our 45th president
@davidmichael9275
@davidmichael9275 3 роки тому
@@robertkennedy6397 Your state is dying. The economic system that keeps it afloat is on the precipice of disaster. There is a mass exodus that even the left wing mainstream media can’t ignore, and your focus is Donald Trump. It’s that kind of thinking that is destroying the second largest state in the country. Good for you!
@robertkennedy6397
@robertkennedy6397 3 роки тому
@@jerrybesch8532 Just like President Biden is YOUR president.
@ktsuen
@ktsuen 8 місяців тому
Housing problems is same as Hong Kong, 1.6M for a small apartment
@vberbano
@vberbano Рік тому
I paid $18 thousand in2020 state taxes, then got a tax bill for $7,300. I'd had enough. Home based so moved back to my Vegas home. 2021 state tax bill: $0. From 1,940 sq ft at $4,100/mnth to 4,892 sq ft and gorgeous pool at $2,404/mnth. SO much better quality of life. Hotter? Not lately.
@billkallas1762
@billkallas1762 Рік тому
What are you going to for water in 5 years in Las Vegas?? What will your home be worth when that happens?
@vberbano
@vberbano Рік тому
@@billkallas1762 Hopefully Mead goes Dead Pool. Then no water can go downstream and ONLY Vegas can draw water from its $1.5 billion 3rd straw at the bottom of the Lake. Vegas uses only 262,000 acre ft/yr compared to SoKal 4.4 million, Zona 2.2 million. The Colorado River flows 5-8 million acre ft even in the dryest yrs. And there are 1,000 ft deep natural aquifers under the whole Vegas Valley which supplies 90% of The Strip's water, many of the golf courses and thousands of private wells. Most of the rain and flood waters replenish the aquifers, some gets to Mead. Phoenix has 8-years of water stored in its natural aquifers. Vegas recycles 100% of wastewater and has super strict landscaping laws. Red Rock Canyon currently has waterfalls and dozens of running streams, of which none gets to Mead - seeps into the aquifers, and lush vegetation back in the canyons. Vegas Valley is a 500 million year old desert oasis cuz of the aquifers. Springs Reserve close to Fremont Street has been retained as a state park to showcase the Springs that just bubble up from the aquifers. Vegas had the most hot springs in the world before everything started getting paved over. In conclusion, those with ALL the facts know that Vegas will NEVER run dry. SoKal environmentalists will run dry, though when Mead goes to Dead Pool. I vote 'Drain Mead to Dead Pool.
@billkallas1762
@billkallas1762 Рік тому
@@vberbano It doesn't work that way. If no water goes over the dam, then water to Nevada gets shut off. Besides, there will be no electricity in Vegas. There is a treaty with Mexico that they must receive a certain amount of water, no matter what.
@vberbano
@vberbano Рік тому
@@billkallas1762 Soooo...tell me how it works if no water can be pumped from straws #1 & #2, and water is too low for the spillways? How does it get downstream? Twll me what Dead Ppol means? Why are they so concerned about Dead Pool? How does the 'contract' guarantee water goes downstream that can't be released downstream? Where are the pump draws to Kalifornia? How high must THAT Lake be maintained before those pumps can't draw?
@billkallas1762
@billkallas1762 Рік тому
@@vberbano When we start to get close to "dead pool" there will be mandatory water restriction for the Upper Basin States. (Colorado, New Mexico, Utah and Wyoming) Right now, the water level in Hoover dam does not allow maximum electrical production. As the water level decreases, the power generating ability of Hoover dam decreases......Just Imagine Las Vegas with reduced power.
@j.p.holiday8899
@j.p.holiday8899 3 роки тому
Just to move to Austin and make that place unaffordable.
@EstellaVRuiz
@EstellaVRuiz 3 роки тому
They already have.
@BrownTownReport
@BrownTownReport 3 роки тому
Its like cancer but people
@W.Stryker
@W.Stryker 3 роки тому
Problem is they don’t leave their politics behind when they leave California, then they vote in the same policies they ran away from
@77waguin
@77waguin 3 роки тому
@@W.Stryker well said, William!
@klj2382
@klj2382 3 роки тому
There is no shortage of bums in Austin. The politicians care more about the bums than the taxpayers
@adrianbaeza8714
@adrianbaeza8714 2 роки тому
I get a little depressed knowing that sooner or later I'm going to have to leave the state I was born and raised in if i want to live comfortably for me and my future family. The cost of living is getting truly unlivable
@emilio2647
@emilio2647 2 роки тому
Adrian Baeza I wonder if California lawmakers will take heed when they see more people leaving the state to the point where tax revenues will be lower.
@normaforsyth7950
@normaforsyth7950 2 роки тому
I was born in California, too, but can't even seriously consider going back because of the cost of living. And by "living," I mean surviving. :/
@kylehunt6856
@kylehunt6856 2 роки тому
I just moved here to California in March and I’m already leaving. This is the craziest place I’ve ever seen. I’m getting out of here as soon as I possibly can. I’m “fleeing!”
@Amor1990
@Amor1990 2 роки тому
Keep voting Democrat
@wildamerican2771
@wildamerican2771 2 роки тому
If you didn’t vote for Larry Elder then you did it to yourself!
@RandyR
@RandyR Рік тому
I left 12 days after the Northridge quake. Lived there for 12 years. A part of me shall always be there.
@mw6563
@mw6563 Рік тому
We just moved back to CA last year in the pandemic. The Bay Area even. The simple laid back days of just “going west” are long over. People need a major plan and a whole lot of effort to move to and live in the desirable regions of CA. If you’ve been here for awhile but standing still, you’ve actually been moving backward. Pick where you love and work at it.
@kakkacarmenelectra7229
@kakkacarmenelectra7229 3 роки тому
It's funny to watch journalists try and figure out what the normal man already knows
@g.p.1101
@g.p.1101 3 роки тому
Hey Carlton!, I remember when a bunch of Hippies threw you out of their van when you were hitchhiking to Bel-Air. Hah
@christybultsma6558
@christybultsma6558 3 роки тому
They gas-light us and we are fighting it. Divide & conquer by misinforming and accusing people of lies to keep them on the defensive.
@soukavathkeomisy3858
@soukavathkeomisy3858 3 роки тому
You remember that time those black fraternity members wouldn't let you in because they thought you weren't black enough and you stood up to them? Well we need you again man.
@AquariusTurtle
@AquariusTurtle 3 роки тому
Journalists are the dumbest insects ever to infest society. Seriously.. fail at every academic pursuit, then become a "journalist". These people should not be seen as anything more than court jesters.
@g.p.1101
@g.p.1101 3 роки тому
@@soukavathkeomisy3858 Carlton would be called an Uncle Tom today, along with the whole Banks family. Uncle Phil voted for Reagan twice! I miss the 90s.
@crub4906
@crub4906 3 роки тому
Evolution of UKposts Ads. 2010: No ads. 2015: Skip ads. 2018: Skip ads after 5 seconds. 2020: Video will play after ads. 2030: Video may play 2040: Video unavailable, watch ads. 2050: UKposts renames "AdTube".
@swahareddy8822
@swahareddy8822 3 роки тому
Pay for it then.
@kingjellybean9795
@kingjellybean9795 3 роки тому
@@swahareddy8822 you must be fun at parties
@fahid3342
@fahid3342 3 роки тому
@@swahareddy8822 shut up
@drewcarter3100
@drewcarter3100 3 роки тому
As soon as the video starts forward the video to the front of the very last ad, then go back to the beginning ;) also, if there's 3,4 or 5 ads, just put the video in front of each one, last to first, and they'll disappear. F$ck you youtube 🖕
@koykorom
@koykorom 3 роки тому
AdBlock
@richardwhite6288
@richardwhite6288 Рік тому
It's on fire... With little water on the way! Time to move "everybody"! Virginia is beautiful this time of year!!!
@msk3905
@msk3905 6 місяців тому
Born and raised Bostonian, started my career in Boston then years in saw many of friends get married and start having kids. Same thing happened many started leaving for “better quality of life”, many found jobs for close to same salary but cost of living is significant lower so equates to a significant increase. Also, many wanted wife to stay home to raise kids.
@dtmistheone
@dtmistheone 3 роки тому
I left CA to a state where I could rent a two bedroom apt for the same price I was paying for a floor space with 5 other people. I'll never go back.
@adamantiumreaver4283
@adamantiumreaver4283 3 роки тому
Come to PR, you’ll pay a full 2 stories house with less than 1k 🤣
@robertlind1511
@robertlind1511 3 роки тому
I would leave CA too, I left NYC it is a mess but CALIFORNIA is worse with its homeless than NYC
@xealit
@xealit 3 роки тому
do not vote for Democrats!
@KornerCommand
@KornerCommand 3 роки тому
@@xealit don’t vote republican either
@GusMortis
@GusMortis 3 роки тому
That's cool. Dont vote dem anymore and this wont happen to you again.
@nickl90210
@nickl90210 3 роки тому
The taxes are too high and the money is spent poorly anyway! $15 an hour in California's cities gives people less purchasing power than in $8 an hour in most other states.
@GreenThumb27
@GreenThumb27 3 роки тому
Here is the real issue, because of technology, employees and companies can now move where ever to work. They will pick the lowest tax areas that make sense for their business. States will realize this and compete against each other reducing taxes to bring in corporations. Its a race to the bottom, which state can bankrupt themselves offering more and more to corporations just to keep them in state.
@robbyrdog
@robbyrdog 3 роки тому
Yet they want to raise the minimum wage to $15 what a joke
@lordoftheflies7024
@lordoftheflies7024 3 роки тому
The 15 minimum wage arose AFTER the housing costs rose along with other commodities. What do u expect california to do? Just never increase its wage? Rely on its weak union base?
@GreenThumb27
@GreenThumb27 3 роки тому
@@robbyrdog it should be raised to $15 an hour or whatever the % equivalent for the area. But it should be a federal law, not state. Without uniformity we will see more and more people fleeing to less taxed areas. If it was universal over all the states we wouldnt see this type of movement.
@fabianperez1095
@fabianperez1095 3 роки тому
@@GreenThumb27 not only that but Cali supplements other states.... basically gives more then they take in
@duanekit94
@duanekit94 Рік тому
What’s driving the mass exodus? It’s the people sitting in their state government and the policies they implement.
@kevinhealey6540
@kevinhealey6540 Рік тому
One guy told me he left California because because he had small children and they would be going to school in couple of years. He realized that the schools were drug infested and he did not want his kids to get involved with that.
@StarrWolf64
@StarrWolf64 3 роки тому
I can't believe they didn't touch on the homeless problem. I live in a small college town and there is a bum on every corner panhandling or yelling at clouds.
@kentuckywoman9863
@kentuckywoman9863 3 роки тому
They want God to send down manna.LMAO!
@RustCole01
@RustCole01 3 роки тому
I'm not sure I am ready to start defending clouds just yet. They are elitist in nature and they taunt us with their ambiguous form.
@NazPhura2
@NazPhura2 3 роки тому
The Homeless IS touched on... More than once.
@twister4489
@twister4489 3 роки тому
Yup same in San Diego
@garyr7027
@garyr7027 3 роки тому
Yelling at clouds?... LOL.
@dougswamprat5275
@dougswamprat5275 3 роки тому
Taxes. There, saved you 19 minutes.
@jesusreyes9845
@jesusreyes9845 3 роки тому
Lmao thanks😂
@patrickdeguzman8594
@patrickdeguzman8594 3 роки тому
I owe you one
@shimmy915
@shimmy915 3 роки тому
I legit thought they were going to discuss the cost of living 🙃
@DavidHenderson1
@DavidHenderson1 3 роки тому
@@squishymushroom4583 Yah, that's the thing. People always say that taxes have to be low to attract businesses. But if businesses are going to leave to save a bit of money, those same businesses are also probably underpaying their workers to save a bit of money. Sure, a job is a job, and you gotta pay the bills, but some jobs that work you hard for little return shouldn't be around. Businesses, especially the wealthy ones, should pay their taxes so that those unsheltered Americans can live good lives.
@reiamuro7515
@reiamuro7515 3 роки тому
I think the root word is Democrats..
@larryroper6902
@larryroper6902 Рік тому
hope so, I did years ago. glad of it. lots better places out there
@tanyaroberson9629
@tanyaroberson9629 Рік тому
Just saw a chart of California economy and it is a steady line going up with no change in its upward trajectory despite these companies leaving.
@lesliemoore1656
@lesliemoore1656 Місяць тому
Manipulation of stock market. 3 other times that happened, 2008, 1989, 1929. A new bunch always comes along and tries different ways to play with numbers. The result is always the same.
@pigidly
@pigidly 3 роки тому
That’s all those "don’t California my Texas " bumper sticker come from.
@noahd213
@noahd213 3 роки тому
Well I'm not sure how you stop high rent costs if everyone moves to Austin. It's all just supply & demand. Once enough people leave the overcrowded NYC and SF areas, taxes and rents will go back down there too (and then Texas will try to cash in).
@JBlackjackp
@JBlackjackp 3 роки тому
@@noahd213 not before those losers ruin my state and the pick up sticks and go ruin somewhere else.
@brilloobrill1846
@brilloobrill1846 3 роки тому
@@noahd213 Austin was ruined at least 5 years ago with transplants.
@noahd213
@noahd213 3 роки тому
@@brilloobrill1846 Yes "ruined" by the same educated engineers that you begged should move here in the first place. You can't have it both ways: if TX is a desirable place to live then people will move there until it becomes overcrowded and eventually much less desirable.
@Alvan81
@Alvan81 3 роки тому
Yeah. But TX wants the Revenue. Can't have it both ways. Lower Income taxes but Higher Property Taxes.
@302ec
@302ec 3 роки тому
When I considered moving to California, I couldn't justify it financially. High taxes, insane home prices, gas prices are stupid... Couldn't do it.
@ratchetexperience8379
@ratchetexperience8379 3 роки тому
I wouldn't justify it socially either
@tony_5156
@tony_5156 3 роки тому
Why would any sane person ever consider moving into that shithole anyway
@_PatrickO
@_PatrickO 3 роки тому
Texas is no better. The reason my so many californias go there, is because they are the only people paying less to live there. Texas has high property taxes and high housing prices.
@steveg2406
@steveg2406 3 роки тому
@@_PatrickO And this past election Texas stayed Red by only 8 o/o of the total vote; as more Blues move in Texas may soon become another California --.--
@jamiemcgill67
@jamiemcgill67 3 роки тому
@@_PatrickO Wrong. Don't know where you heard this.
@suanne1217
@suanne1217 Рік тому
I truly don’t blame those companies. It’s horrible that people even paying the highest GAS price and housing in the U.S.
@metal87power
@metal87power Рік тому
I recommend considering that surbs and single homes are so expensive they push entire cities into debt. Affordable neighborhoods should contain mixed architecture, more apartment buildings or small, old style tenement houses.
@tommurphy4307
@tommurphy4307 Рік тому
..and a community garden (but no weed growing allowed).
@dropsofKarma
@dropsofKarma 3 роки тому
Texas: The Next California. Tech companies will never learn.
@loltka
@loltka 3 роки тому
Right, why are they all moving to Austin? Why can’t they spread around the country?
@johnnyson7474
@johnnyson7474 3 роки тому
Anyone from Cali can move here, just don't bring the liberals along with it please because we already got a few of them in Austin and Dallas :D
@alisonfriedman5288
@alisonfriedman5288 3 роки тому
They should change the name of the video to “why so many tech companies are leaving California for Texas”.
@sparcx86channel42
@sparcx86channel42 3 роки тому
Why? Your idea is not realistic you can’t change a state ocernight
@happychair4880
@happychair4880 3 роки тому
Good thing they arent moving to Dallas I dont want to go broke
@whiterabbitangel
@whiterabbitangel 3 роки тому
There are are 50 states in the US. I think it is nice to spread out instead concentrated all the population and businesses in one state
@annabarr1304
@annabarr1304 3 роки тому
I'm from Seattle but I remember taking trains to Spokane as a kid. I wish tech companies would also be headquartered in Spokane and bring that train back!
@hsy2448
@hsy2448 3 роки тому
I guess that’s what happens for capitalism. Companies chose to base themselves in Cali for reasons.
@TwiztedMannix87
@TwiztedMannix87 3 роки тому
That's what i'm saying also. Plus anyone saying these big companies are leaving cuz "taxes", they can take them cuz they have their money in TAX HAVENS either ways so we're not losing anything.
@danielan962
@danielan962 3 роки тому
coastal cities always do better due to trade options (ports/resources)
@fahimp3
@fahimp3 3 роки тому
@Luis Jayons 😅🤨 get some help...
@chrisbarlow6422
@chrisbarlow6422 3 місяці тому
Not to mention high crime and all those missing cad converters.
@ricknorton1732
@ricknorton1732 Рік тому
Yep. I moved my business out of Cali a while back. While stagnating in Cali it is now triple what it was....
Why Californians Are Fleeing To Mexico
15:19
CNBC
Переглядів 5 млн
Ages 1 - 100 Decide Who Wins $250,000
40:02
MrBeast
Переглядів 104 млн
Why Stick Shifts Are Going Extinct
13:29
CNBC
Переглядів 5 млн
Why Bill Gates Is Buying Up U.S. Farmland
13:14
CNBC
Переглядів 5 млн
California's Shocking New Income Redistribution Scheme Exposed
2:53
Why U.S. Cities Are Going Broke
10:58
CNBC
Переглядів 333 тис.
8 Californians who left for Texas share thoughts 1 year later
22:27
ABC7 News Bay Area
Переглядів 2,3 млн
How Americans Waste Their Money On Premium Gas
14:23
CNBC
Переглядів 2,4 млн
California, This Video May Trigger You - Watch At Your Own Risk
8:24
Valuetainment
Переглядів 2,5 млн
How Amazon Delivers On One-Day Shipping
20:20
CNBC
Переглядів 10 млн
Has The U.S. Fallen Out Of Love With Instant Coffee?
11:52
CNBC
Переглядів 726 тис.
Something Weird Is Happening in California
18:06
Economics Explained
Переглядів 1,3 млн
Ages 1 - 100 Decide Who Wins $250,000
40:02
MrBeast
Переглядів 104 млн