The Ruthless Rise & Fall of California

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Casual Scholar

Casual Scholar

День тому

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California’s economy is massive. If it was an independent nation it would be the fifth largest by GDP. In the Span of 150 years California went from a far flung Mexican territory with only 150,000 people, to arguably the most influential piece of land on the entire earth. Yet today it has the highest poverty rate when adjusted for cost of living, thousands of large companies are moving out, and for the first time in its history it lost population in 2020. How did California become so incredibly rich, just to become unaffordable for a vast majority of its population?
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Contents of this video
00:00 - California’s Economy
01:21 - California Exodus
04:20 - The Gold Rush
07:24 - How California Became Rich
12:26 - California's Cost of Living
14:37 - Worsening Educational System
15:35 - Unemployment & Inequality
16:47 - Taxes & Business environment
18:03 - Business Exodus
19:29 - The Death of the California Dream
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Sources used
www.theatlantic.com/ideas/arc...
siepr.stanford.edu/publicatio...
www.economist.com/united-stat...
calmatters.org/explainers/the...
Not so golden after all by Larry N. Gerston
calmatters.org/economy/2020/0...
www.loc.gov/collections/calif...
www.businessinsider.com/calif...
www.businessinsider.com/silic...
www.statista.com/statistics/2....
flowingdata.com/2021/03/25/in...
• What’s Driving Califor...
#CaliforniasEconomy #CaliforniaHistory #CaliforniaMidterms #Economics #CasualScholar

КОМЕНТАРІ: 5 500
@CasualScholar
@CasualScholar Рік тому
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@3kz
@3kz Рік тому
Hey
@h0ser
@h0ser Рік тому
ok
@JJ-iq5cv
@JJ-iq5cv Рік тому
Stupid video - back when CA had 33 million people, guys like you were saying everyone was leaving. Now we have almost 40 million. CA has the 4th largest economy and will overtake Japan in 6 years to become #3. Oracle, HP & tesla have not left CA, they've only opened an office or factory in Texas - all of their talent is in CA. You MAGA's need to focus on why red states are so poor.
@TheVoiceOfReason93
@TheVoiceOfReason93 Рік тому
Unrelated question to Casual Scholar: What would be your solution(s) to the above problems you mentioned? How would you reverse this if given the ability to do so?
@bigdickblack1505
@bigdickblack1505 Рік тому
Actually, every state loses people including CA. According to the Census Bureau California does lose more than any other state. But remember California is huge. So, that outflow translates to an average annual 1.55 percent of California residents moving out of state. NO STATE HAD A LOWER PER CAPITA MOVEMENT RATE THAN CALIFORNIA. Californians are the least likely to move out! Next best state for keeping its citizens? Texas at 1.6 percent annually, then Ohio and Michigan at 1.8 percent. Note: about 2.3 percent of Americans moved across state lines annually. Worst exit rates? Energy-rich states in cold climates: Alaska 11.6 percent, Wyoming 5.4 percent and North Dakota 3.89 percent. Although California has had net out-migration among most demographic groups, it has gained among those with higher incomes ($110,000 per year or more) and higher levels of education (graduate degrees). College-educated 18 to 35-year-olds led the way among those moving to California from its top feeder states (New York, Illinois, and New Jersey). (aka high achievers). Families with kids and those with only a high school education predominate among those moving from California to its top destination states (Texas, Arizona, and Nevada). (aka low achievers). California usually gets a huge number of high-quality legal immigrants (200,000 per year) but this has slowed down considerably due to Trump's anti-immigrant policies & pandemic restrictions in recent years. This led to California losing its population for the first time in history in the 2020 census. Even so, California gained 6% population over the 2010 census. The most trusted measure of economic strength says California is the world-beater among democracies. The state’s gross domestic product increased 21% during the past five years (2016-2021), dwarfing No. 2 New York (14%) and No. 3 Texas (12%), according to data compiled by Bloomberg. The gains added $530 billion to the Golden State, 30% more than the increase for New York and Texas combined and equivalent to the entire economy of Sweden. Among the five largest economies, California outperforms the U.S., Japan and Germany with a growth rate exceeded only by China. Does that sound like businesses are leaving California? Most states would LOVE to have businesses leaving like California.
@andrew.alonzo
@andrew.alonzo 8 місяців тому
Back in the day, when I purchased my first home to live-in; that was San Fransico in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.
@veronica.baker1
@veronica.baker1 8 місяців тому
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
@hunter-bourke21
@hunter-bourke21 8 місяців тому
Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
@rebecca_burns14
@rebecca_burns14 8 місяців тому
@@hunter-bourke21 Please tell me how can I connect to your advisor. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.
@hunter-bourke21
@hunter-bourke21 8 місяців тому
Sure, the financial advisor that guides me is Mary Onita Wier and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up.
@james.atkins88
@james.atkins88 8 місяців тому
Thanks for sharing this, I googled *Mary Onita Wier* and after going through her resume, I can tell she's a pro. I emailed her and I'm waiting on her reply.
@plr2473
@plr2473 Рік тому
I'm from San Diego, born and raised. The only reason I can continue to live in CA is because my parents bought 2 properties while real estate was reasonably priced. For example, my dad bought a 3 bedroom condo for 30k in '74. Now that same property is worth about 600k. To put that in perspective, 30k was a little above my dad's annual salary when he bought it. 600k is like 8-9 times my annual salary. I inherited the place and never had to pay any of that. I'm now paying $400 in HOA fees a month, and like $50 a month in property tax, and another $150 in utilities. But that's it. $600 a month for housing costs. I consider myself very lucky. So many people out there struggling to make ends meet because of living costs.
@TheSteinbitt
@TheSteinbitt Рік тому
You have to take interest into account, in ‘74 it would have been about 7.5% 30 year interest. And by 1980 closer to 12-15%.
@Unfluencer
@Unfluencer Рік тому
@@TheSteinbitt the house was $30k. please take a basic math course.
@javierdelgado1554
@javierdelgado1554 Рік тому
@@Unfluencer 30k at high interest is still a bargain.
@Nuka0420
@Nuka0420 Рік тому
HOAs are fucking stupid where I live and having 400 a month in fees sounds asinine
@StripedJacket
@StripedJacket Рік тому
Aye San Diego! Born & Raised as well My parents are immigrants but I can’t wait to own here in my home
@SophiaChristian-so2of
@SophiaChristian-so2of 9 місяців тому
The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the California area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?
@JenniferDrawbridge
@JenniferDrawbridge 9 місяців тому
If you are new to the market, I recommend seeking professional assistance. The most effective approach to creating a well-organized portfolio is to begin with a professional who is knowledgeable about the turbulent yet profitable market.
@MarkFreeman-xi3rk
@MarkFreeman-xi3rk 8 місяців тому
Over the past three years, I have been working with a professional who has provided daily guidance on my investment decisions. With their expert analysis, I have realized gains of over $1 million. Their insights have helped me avoid losses and capitalize on market breakthroughs, particularly during downtrends.
@cythiahan8455
@cythiahan8455 8 місяців тому
@@MarkFreeman-xi3rk How can I contact your Asset-coach as my portfolio is dwindling?
@MarkFreeman-xi3rk
@MarkFreeman-xi3rk 8 місяців тому
Can't divulge much, it's only right you do your due diligence. I'm been guided by “Margaret Johnson Arndt” and most likely, the internet is where to find her deets.
@humpteedumptee8629
@humpteedumptee8629 8 місяців тому
Time is market is worth more than timing the market. Indexes are the safest easiest bet. If your asking basic advice you have no business picking stocks. Open a brokerage account and by index’s or index based etfs. Google is your friend. Also don’t pay attention to it. 90% of people leave the market at a loss within a year. And it’s all because they look at it see red and s themselves. There’s no such thing as 10% annual returns of whatever people advertise. There’s negative 20%, up 39%, negative 15%, up 19%. That magical 10% is an avg over decades. Not a stable you can live if this and rely on anywhere near exact numbers. If you over invest and got no stomach you will end up 20-50% down and leave at a loss. Don’t invest in the market if your not planning on cashing out in 15 plus years. If you want 1-5 year stable returns with no rollercoaster fund a decent cd, dividend, or foreign bank account and settle for 5-7% reuturn (3-4% after taxes, inflation, exchange, etc).
@odyshopody9387
@odyshopody9387 Рік тому
A little side note. There's an area just south of San Francisco called Candlestick Point, that's where the Forty Niner's used to play football, at Candlestick Park. That area got it's name from what you mentioned at the beginning of your video about sailors abandoning their ship to look for gold. Their ships would be towed to that part of the bay and burned, as the ships sank with their masts on fire it looked like candlesticks, so that's what the locals began referring it to, Candlestick Point.
@currentbatches6205
@currentbatches6205 Рік тому
Thank you.
@kyle857
@kyle857 Рік тому
Why would anyone abandon a ship? Ships are expensive.
@Olsenator
@Olsenator Рік тому
Kewl story! I actually mean that haha this was interesting!
@jameslee5237
@jameslee5237 Рік тому
@@kyle857 it’s like Uhaul of today, but in the opposite direction. Nobody wanted to leave CA by ship, and it costs money to have a permanent place to dock it.
@chrismcdonald2947
@chrismcdonald2947 Рік тому
@@kyle857 the story goes in the early days of the city if you sank your ship, which you owned, the land it rested on would become your property. Once they started filling in land. Ship owners are now property owners. Not sure of the whole truth but when they were digging new tunnels for trains they found an old shipwreck
@MrARock001
@MrARock001 Рік тому
It's fascinating that Thomas Edison inadvertently created the Hollywood film mega-industry simply by living in New York and being litigious.
@L_ky
@L_ky Рік тому
And ironically Hollywood industry that once wanted to dodge the litigation are being litigious themselves.
@Jose04537
@Jose04537 Рік тому
@@L_ky “He who fights with monsters should be careful lest he thereby become a monster. And if thou gaze long into an abyss, the abyss will also gaze into thee.”
@1catinhat
@1catinhat Рік тому
I saw something one time that said part of the reason they chose California is because they had two choices Florida or California. At the time films needed a lot of sunlight and that was your two choices. California doesn't get a hit by hurricanes
@mikelight495
@mikelight495 Рік тому
Fascinating? Thomas Edison also received the most patents. Impressed? Where is g.e. today? Going as far as selling off its incandescent light bulb production to save itself from being totally insolvent. Edison was rumored to functioning on almost no sleep. When he did he took "cat naps" in his office. Sound familiar? Musk also does so to passively coerce his employees to overwork them selves. Edison was green with envy when teslas a.c. was made the standard format to distribute electricity over his d.c. going as far as trying to discredit a.c. with public displays e.g. electrocution animals with a.c. to display its danger...
@mikelight495
@mikelight495 Рік тому
@@1catinhat would you rather have an earthquake or hurricane? A dry desert or unbearable humidity. Sharks or alligators. Droughts or saltwater? Both have saltwater. You get one for the price of two. Or new York city that prides itself for its greed & callousness & indifference. e.g. the freedom tower is now 1 world trade center. It cost almost 3 times the cost of the of the tallest building in the world. Why? To make it more secure? We may never know. As far as changing its name from freedom tower to one world trade center? Perfect. It looks like a 1776 foot high phallic symbol. n.y.c. with its filty subways & unsanitary streets make it the world's largest toilet. How about cruise ships? They create a huge disproportionately amount of air pollution. Waste disposal? It has become known they have designs that they can illegally dump filty sewage. Cruise ships? More like floating toilets.
@thechosenone1533
@thechosenone1533 Рік тому
Isn't it ironic how California created the very technology that enabled businesses and tech workers to move out of California?
@herzeleid9525
@herzeleid9525 Рік тому
That’s how Capitalism works. That’s got nothing to do with “California”.
@Me-eb3wv
@Me-eb3wv Рік тому
lol
@bigdickblack1505
@bigdickblack1505 Рік тому
Actually, every state loses people including CA. According to the Census Bureau California does lose more than any other state. But remember California is huge. So, that outflow translates to an average annual 1.55 percent of California residents moving out of state. NO STATE HAD A LOWER PER CAPITA MOVEMENT RATE THAN CALIFORNIA. Californians are the least likely to move out! Next best state for keeping its citizens? Texas at 1.6 percent annually, then Ohio and Michigan at 1.8 percent. Note: about 2.3 percent of Americans moved across state lines annually. Worst exit rates? Energy-rich states in cold climates: Alaska 11.6 percent, Wyoming 5.4 percent and North Dakota 3.89 percent. Although California has had net out-migration among most demographic groups, it has gained among those with higher incomes ($110,000 per year or more) and higher levels of education (graduate degrees). College-educated 18 to 35-year-olds led the way among those moving to California from its top feeder states (New York, Illinois, and New Jersey). (aka high achievers). Families with kids and those with only a high school education predominate among those moving from California to its top destination states (Texas, Arizona, and Nevada). (aka low achievers). California usually gets a huge number of high-quality legal immigrants (200,000 per year) but this has slowed down considerably due to Trump's anti-immigrant policies & pandemic restrictions in recent years. This led to California losing its population for the first time in history in the 2020 census. Even so, California gained 6% population over the 2010 census.
@phoenix5054
@phoenix5054 Рік тому
Not really, since the same tech companies seem to want to leave Califonia too. They aided their own migration.
@thechosenone1533
@thechosenone1533 Рік тому
@@bigdickblack1505 California's big problem isn't how many people are leaving but who's is leaving. Rich people and big companies are moving.
@patrickbeger8166
@patrickbeger8166 Рік тому
That awkward moment when you realize something as boring as zoning / construction laws are largely responsible for a vicious cycle of economic imploding.
@kimathihalley
@kimathihalley 8 місяців тому
aggregation of marginal losses/gains. too many ppl ignore the small details. the fact that california even relies on taxes is rather stupid and bad planning by the local govt.
@neoanderson7492
@neoanderson7492 6 місяців тому
all part of the plan
@PepeCoinMania
@PepeCoinMania 3 місяці тому
That’s not even true
@DiMacky24
@DiMacky24 10 місяців тому
So glad I got out of California. Me and my siblings assumed we would never own homes, and that was just a fact of living in America. 1 year after leaving California we bought homes on blue collar incomes. American Dream is still here, just not in some states.
@ar1-23x6
@ar1-23x6 Рік тому
The problem with being from California is that the weather makes you too comfortable to want to move anywhere else. You either have to move some place that’s too cold, too hot, too humid, too rainy or abroad.
@urphakeandgey6308
@urphakeandgey6308 Рік тому
For sure, and I'm not even actually from CA. I came from a place that had several typhoons a year, sometimes up in the Cat 3-4 levels. After living in CA for several years, yeah, it's hard to imagine dealing with weather that isn't just hot. I live inland, so the temperature is brutal in summer, but it literally never rains, storms, or anything.
@Mike__B
@Mike__B Рік тому
A bit generic of a statement, maybe if you talk about where the vast majority of people live then yes it's true, but California has areas that get really hot, really cold, snow, etc.
@robertdicke7249
@robertdicke7249 Рік тому
Yeah but I think a roof and food is a strong motivator.
@wangstick
@wangstick Рік тому
Hmmm, a bunch of weaklings
@Meinan4370
@Meinan4370 Рік тому
True but the “weather” in California gets pretty boring since it’s the same all year long
@tmdwu5360
@tmdwu5360 Рік тому
Back in the day of Imperial Russia's pacific merchant fleet had huge amount of Finnish sailors, they were very well known around California ports. At their peak, some 20-25% of sailors in San Fransisco were Finns.
@rafanadir6958
@rafanadir6958 Рік тому
How do you know that?
@tmdwu5360
@tmdwu5360 Рік тому
@@rafanadir6958 These are hard to find in english, but i read stories about Finnish people in service of Russian empire, back then Finland was a grand duchy of the empire and finns formed a huge part of the russian pacific crews. Alaskan fur trade was a big part of their job but they sailed all over the coasts of northern and southern america. I should add that im Finnish myself.
@NorthSon
@NorthSon Рік тому
Do you have a source? Would be keen to check it out
@tmdwu5360
@tmdwu5360 Рік тому
@@NorthSon information was difficult to come by in english, but i managed to atleast find this one. en.wikipedia.org/wiki/Johan_Hampus_Furuhjelm They also had 3 Finnish ships called Sitka, Atka and Fröja. One of them had a Finnish captain called A. W. Riedell.
@NorthSon
@NorthSon Рік тому
@@tmdwu5360 Cheers mate! Seems interesting, will give it a look
@sjustus7
@sjustus7 Рік тому
This is sad to see, but accurate. My late wife was a native Californian and despite being poor it was a great place to grow up then. It's sure not like that any longer unless you inherited a place to live or have a lot of money.
@jacksevert3099
@jacksevert3099 Рік тому
Welcome to American Capitalism friend 🇺🇸
@faheemabbas3965
@faheemabbas3965 Рік тому
Welcome to Democrats my friend
@jacksevert3099
@jacksevert3099 Рік тому
@@faheemabbas3965 I thought Democrats were supposed to be Communists?
@KRYMauL
@KRYMauL Рік тому
@@jacksevert3099 They’re more like trying to European, but not understanding how and why the European countries were able to get away with the social welfare systems they have. The Democrats party ultimately has just becomes the party of the non-profit industrial complex because the unions don’t participate enough in politics and only ever talks to the courts and fanciers.
@Animetal1
@Animetal1 4 місяці тому
I know the feeling. It’s not easy living here in the Bay Area.
@issacmba7671
@issacmba7671 11 місяців тому
This may be the golden age of educational media. There’s been a rise of independent, no-budget, high quality, producers like this channel and others on UKposts. Hard to believe this is practically free. Great job bro 😎
@Kruppt808
@Kruppt808 6 місяців тому
if only we could get guys like this on the front screens and less of the nutjobs consprio vids popping up. But yes there are some amazing Educational vids about Business History, Military History ect....(those are the ones I sub to so those are the ones i know)
@ap774
@ap774 Рік тому
I'm in LA and what I'm seeing is the growth of upper middle class and lower class jobs. This is bringing in more people that make $125k+ while also attracting people making less than $50k. The average neighborhoods are becoming either more affluent or poor. The "middle class" can no longer sustain the lifestyle they have had and are moving to other states. This trend is dividing the community as you are either well off or barely getting by.
@newagain9964
@newagain9964 Рік тому
CA is the future of US: mostly Haves and have nots. Very few (comfortably) in the middle.
@jameslinzmeier368
@jameslinzmeier368 Рік тому
It is the same everywhere. Housing is only affordable for the upper class forcing the lower middle class is just struggling to survive. This is why soome are trynig to stop lower middle class people from voting in this country. Sooner or later as their numberincrease, the upper class will have to start paying their share in taxes. Didn't mean to go off topic, but it isn't really off topic.
@LouisGFranco
@LouisGFranco Рік тому
@@jameslinzmeier368 it's not so much/or only the upper middle class, it's all these investment firms, banks, basically wall street who came out the 2008 recession flushed with cash with a housing market ripe for their taking. Much like now with fed raising interest rates drving the real estate market down. Housing clearance sale for those who don't need financing. I still can't fathom how banks leveraging/creating money out of thin air at 23-28 to 1 found themselves in financial trouble. Give the average citizen the same power and I'm willing to bet we'd fair better than these industry geniuses. The financial geniuses label applies only because they actually got off unblemished whilst most sheeple argued about issues which affected their feelings/ego (purple teletubbies/sesame street characters) as opposed to personally affecting heir day to day life.
@garyshan7239
@garyshan7239 Рік тому
the same thing is happening n the rest of the US but the cost of living in Cali is so high vs the rest that your middle class is upper middle to barely in the upper class. Im in Texas and since Texans have traditionally vacationed year-round in Colo, it is a semi-love-hate relationship. Now Colorado residents say at least Texans go home when their vacation is over. Its the purchasing power a Cali exile brings with them lets them outbid most instate residents where ever they decide to resettle. hen they want to make that place more like Cali. Usually not to the extreme but some things that are normal in Cali are jarring to people living elsewhere.
@KjtheGreatPro
@KjtheGreatPro Рік тому
@@jameslinzmeier368 I think there is plenty of money to go around, people just need to work harder to gain more skills to produce higher quality labor. If you think asking someone for ID is to prevent them from voting, you are wrong. It's to keep non citizens from voting. Who shouldn't be voting in the first place.
@Laysha300
@Laysha300 Рік тому
I was born and raised in California, San Diego area, and I joined the military since I am first generation and realized I had no way to pay for college besides loans. I was stationed in Kansas and it is so cheap out here even though I want to move back home the cost of living in CA completely demoralizes me in wanting to do so. Im actually trying to convince my close family to move out here as well.
@lawbringer9857
@lawbringer9857 Рік тому
Who the heck wants to live in Kansas though. I'd rather be poor in Cali and living pay check to check than living well off in Kansas.
@dankelly5150
@dankelly5150 Рік тому
@@lawbringer9857 My brother and his wife are soon going to be retiring out of California though they don't know yet where they will go?
@picklewithinternet2254
@picklewithinternet2254 Рік тому
@@lawbringer9857 I would rather be anywhere than california, ESPECIALLY if i'm in cali and broke.
@francisevans6595
@francisevans6595 Рік тому
Please don't destroy other states because you let "progressives" destroy yours.
@eyeamstrongest
@eyeamstrongest Рік тому
@@picklewithinternet2254 even when ur broke there are things to do in cali
@jrileycain916
@jrileycain916 10 місяців тому
I lived in San Diego for decades. I never dreamed of living anywhere else. I loved it there. I owned a house in Serra Mesa. In 2016 we rented it out and moved to Ecuador for a few years. Whenever we'd come back to visit I saw SD with fresh eyes. It's become Los Ageles-ized. If you don't live within one mile from the ocean the weather is like Phoenix by the sea. It's a coastal desert. It's massive high-speed aggressive freeway traffic and strip malls. Great Mexican food, though. In 2018 I sold my crappy little tract house shack for way more than it was actually worth, moved to New Orleans--paid cash for 2 houses (with money left over)-rent one out for income and live here happily ever after. New Orleans is like living in a 3rd world country but there's way more freedom and the people are relaxed and friendly. If you're uber-rich living in San Diego/La Jolla is no problem. But for average middle class folk it's becoming impossible.
@blueagle-di6is
@blueagle-di6is 10 місяців тому
I'm from south Florida and had to leave because of so many Californians moving there during the pandemic.
@ChadwickTheChad
@ChadwickTheChad 10 місяців тому
You're not even American, so have you considered going back to your own nation?
@Labyrinth6000
@Labyrinth6000 Рік тому
James Marshall could have been the richest man in the world had he kept quiet about his find.
@tmdwu5360
@tmdwu5360 Рік тому
Sure for a while, gotta remember that when it comes to gold people get ruthless. Back in those days gold rushes got really wild, eventually somebody else would have found out and word start spreading.
@jaygoldstein651
@jaygoldstein651 Рік тому
Could HAVE
@Labyrinth6000
@Labyrinth6000 Рік тому
@@tmdwu5360 If I found gold, I sure wouldn't tell ANYONE about it, not even those I am close to.
@acbariebasuk
@acbariebasuk Рік тому
@@Labyrinth6000 That's way you will never find one 😄
@sociedadnortena9514
@sociedadnortena9514 Рік тому
California would’ve stayed majority Hispanic
@Priinsu
@Priinsu Рік тому
I just moved back to San Diego because of my job and I had almost forgotten how poorly designed and managed the housing and cost of living situation is. A one bedroom apartment can run $2300-$2600+/per month.
@JakeStateFarm420
@JakeStateFarm420 Рік тому
Same in Seattle. It’s the whole west coast not just Cali
@lordzaack617
@lordzaack617 Рік тому
new york too
@JakeStateFarm420
@JakeStateFarm420 Рік тому
@@lordzaack617 New York has been expensive this isn’t anything new.
@lordzaack617
@lordzaack617 Рік тому
@@JakeStateFarm420 just saying the whole expensive housing thing people complain about in california can be even worse in nyc , it’s awful
@JakeStateFarm420
@JakeStateFarm420 Рік тому
@@lordzaack617 Sure, I was just pointing out that nyc has always been expensive. The people living there knew that when they moved. Cali only started blowing up crazily in the past what 10-20 years? Seattle just starting in the past 10.
@Rad9000
@Rad9000 8 місяців тому
Born and raised in California. My mother and I were actually born in the same hospital in Orange County (I remember when Vans were made locally in Orange!). My parents, who worked in aerospace, were priced out of state in the late 90's. I in the mid 2000's. I remember noticing the educational change while living in San Diego. State schools were designed to be financially easy for Californians to attend. By the early 2000's that model had shifted to favor out-of-state students because of the higher tuition they generated. Because of this it became very hard to be admitted by a university over someone coming from outside the state/country. I still love my home state and I hope something can be done to reverse it's current trajectory before it turns into a state version of Elysium.
@JimBanks64
@JimBanks64 Рік тому
This was a well done video. I was born and raised in California. Left in 1990,but recall the good times of the late 60s, 70s and even 80s. Got my education while it was still good.
@jimmyhuesandthehouserocker1069
@jimmyhuesandthehouserocker1069 Рік тому
Back in Beach Boy days, a typical LA apartment rented for only like $250 a month in today's money. LA was once known for cheap rent, or so I've been told.
@rexx9496
@rexx9496 Рік тому
LA rents were fairly cheap as recently as 2010. You don't even have to back to the 1960s.
@Dcoxtxful
@Dcoxtxful Рік тому
@@rexx9496 You have no clue what you’re talking about. I moved out in 2003. It’s been expensive the entire time I’ve been here.
@rexx9496
@rexx9496 Рік тому
@@Dcoxtxful in 2010 I had a beautiful spacious 1 bdrm with fireplace and balcony. One block off Ventura Blvd in Sherman Oaks for $1150 a month. It's probably going for double that now.
@erebus79
@erebus79 Рік тому
@@rexx9496 that's not cheap lol
@rexx9496
@rexx9496 Рік тому
@@erebus79 It was a pretty nice apartment in a great walkable area. For the time it was a good deal.
@mattr2626
@mattr2626 Рік тому
Lived in CA all my life, I plan on moving in a couple years. It's just ridiculous the cost of everything here, groceries and gas are through the roof. I got priced out of my rent a few months ago I'm gonna miss the state I won't lie. There's plenty of good things about it. But the lawmakers just will never learn
@andyc9902
@andyc9902 Рік тому
Dallas Texas. Think about it. If you want
@rexx9496
@rexx9496 Рік тому
@@andyc9902 Dallas is shit. A clusterfuck of urban sprawl. About as uninteresting, bland and charmless a city as it gets.
@thejohnbeck
@thejohnbeck Рік тому
it's the voters too.
@andyc9902
@andyc9902 Рік тому
@@rexx9496 I meant about taxes and weather. Every where is shit. Unless eastern Europe. Trust me every where is shit
@mattr2626
@mattr2626 Рік тому
@@thejohnbeck the fact that LA and SF have a stranglehold on our decisions makes me dead inside. A lot of CA is actually very red, especially here up on north
@dolphingirl12885
@dolphingirl12885 Рік тому
I grew up in southern CA and it has been on a gradual decline since early 1980s. I visited recently and it’s depressing. So glad I moved to southeast couple decades ago. Cost of living so much lower, cleaner, people nicer, etc
@seant2808
@seant2808 8 місяців тому
and $3.35 an hour for wages.
@whodarboilebamnames3990
@whodarboilebamnames3990 6 місяців тому
​@@seant2808And?
@mirzaahmed6589
@mirzaahmed6589 8 місяців тому
11:08 higher education was never "free" in CA. There was officially no tuition, but there were plenty of fees, which amounts to the same thing.
@scott2452
@scott2452 Рік тому
The development of the Panama Canal also had a massive impact on the development of California
@nathanross7448
@nathanross7448 Рік тому
And the control of the canal being turned over to Panamanians, and the widening they have planned for it, will have further impact in the future
@jaredspencer3304
@jaredspencer3304 Рік тому
Lots of Californians think about moving. But one question keeps them from doing so: where to? When you're from California, or used to living there, moving anywhere else seems worse than trying to wait out the housing crisis. I've had this conversation with literally every one of my friends. They want to move, but can't think of where they'd go that they wouldn't regret. I recently left San Francisco and moved abroad. I'd love to come back in 10-20 years if they can bring housing costs back under control. California still has so much going for it.
@chrisblue4652
@chrisblue4652 Рік тому
I would recommend Colorado. Usually has pretty good weather, though alittle more crazy (no one beats California) with occasional hail in the summer and freak rainstorms flash floods. Has good public lands with great outdoors. Has a decent job market with some higher income industries. And biggest benefit of all is lots of empty land and plenty of affordable brand new constructed housing. Plus the taxes are reasonable and government is pretty moderate. Also has a good airport with good connections. Biggest negatives: far away from anywhere you might want to travel to, especially if you like traveling out of country. And the infrastructure in center of denver is badly planned. It's like a small city grid that grew way too large and now its a massive gridlock. The food options are very meh. Everything shuts down and closes by 8pm, even gas stations close down at like midnight. But if Calfiornia is too expensive, colorado would be #1 on my list.
@jaredspencer3304
@jaredspencer3304 Рік тому
@@chrisblue4652 I'd say Colorado, Austin, and NYC are the most common places for people I know who have left. And I think it basically comes down to whether you can tolerate cold weather. Californians don winter coats when it hits 65 degrees, haha.
@dukehong7491
@dukehong7491 Рік тому
If 10% of the people talking about moving out actually do, then cost of living (housing) will drop enough that it the rest won’t. The video doesn’t really get into the people leaving are lower income and education than the people coming in, which is good and bad, and that companies moving hq out is meaningless really. These companies aren’t growing or it’s just a token number of jobs moving with them. Most of Tesla and SpaceX eng are still in CA for example. HP moved their enterprise division which is dying if not dead already
@jgamer2228
@jgamer2228 Рік тому
It’s the literal human shit capital of the United States. I hope to god for y’all’s sake it does get cleaned up. Meanwhile I’m just hanging out in Texas enjoying my lower taxes and gun rights
@floridaray3380
@floridaray3380 Рік тому
I do not recommend Florida
@CristinaDavalos1127
@CristinaDavalos1127 7 місяців тому
I was born and raised in SoCal. In the 60s my minimum wage parents were able to buy homes for between 12k and 21k...today those same homes are 650k to 800k...it's gotten ridiculous that wages have not kept up with the cost of living. Sadly, the California dream ended long ago 😢
@MichaelA-cu8zg
@MichaelA-cu8zg Рік тому
I am an engineer in my early 30s and saved up enough where I can put down about 15-20% for a home in California. I have immediate and extended family that lives here for now, but I can see myself leaving if my parents and brother leave (my sister is already out of state)
@Dan16673
@Dan16673 Рік тому
I'm a engineer also, nothing special but after 8 years in Dallas I saved enough to buy a nice house in cash. That's the difference
@henryjohnson-ville3834
@henryjohnson-ville3834 Рік тому
True. The only thing stopping me from running away from Commie-fornia is family. My other side live in Washington and I absolutely love the weather there, sure its gloomy and rainy but better than hot and sweaty. Plus no income state tax! 😁
@skurinski
@skurinski Рік тому
@@henryjohnson-ville3834 Washington is just as commie...
@SandraAnnEvans
@SandraAnnEvans Рік тому
You HAVE to be in TECH to be able to do that or still live at home with your parents to have been able to do that . . . Or MAYBE EARLY CRYPTO INVESTOR?
@BrilexLaAuthority
@BrilexLaAuthority 8 місяців тому
Get out while you can lol
@flotsamike
@flotsamike Рік тому
When I lived in California nearly 30 years ago I would say one in four homeless people I ran into in the Bay area weren't from California at all but liked to spend time there because California is one of the nicest places in the country to live outdoors. I realize economics have changed a lot and some people are forced to be there, but I would imagine there's still a large proportion of people who see being homeless as being free.
@stellaoh9217
@stellaoh9217 Рік тому
California attracts dreamers who shoulda stayed home. The advantage of states in the middle is their growth is slower & economic busts don't hurt that much. California has no control over the wave of market booms and busts the Right brought back with Reagan & financial deregulation.
@mojus2890
@mojus2890 Рік тому
@@stellaoh9217 a lot of it is just bad management.
@badluck5647
@badluck5647 Рік тому
Many of the homeless won't go to shelters, because they require them to be sober. Meanwhile, California has practically decriminalized drugs.
@michaelimbesi2314
@michaelimbesi2314 Рік тому
I doubt it. Being homeless isn't something that normal people do willingly, because it involves eating literal garbage. The reason that so many homeless people went to California for the weather isn't because they chose to be homeless, but because they became homeless and ended up migrating to a place where they wouldn't have to worry about freezing to death.
@badluck5647
@badluck5647 Рік тому
@@michaelimbesi2314 There are other places without cold weather, but California cities also allows them to crap, eat, and do drugs anywhere they want. Let's not forget, CA has also decriminalized shoplifting. San Francisco is the Mecca for vagrants.
@stratoplayer1988
@stratoplayer1988 Рік тому
I'm a California-native who moved out of there almost 10 years ago. While I have fond memories growing up there, I just can't stomach living over there ever again. There would have to be a huge incentive for me to even consider moving back there even if the cost and quality of living there became manageable.
@derpderp8440
@derpderp8440 Рік тому
Your ass better vote republican else you will turn texas to another california.
@jakesmall8875
@jakesmall8875 Рік тому
I just left Dude the people there are horrible people they’re all toxic af
@jessedevilbiss8436
@jessedevilbiss8436 Рік тому
Santa Cruz was cool when I was born there in the 70s. Now I hate to visit family and friends because they live in California and are miserable.
@Junior_Rocky
@Junior_Rocky Рік тому
Well it won’t (unfortunately)!
@jessedevilbiss8436
@jessedevilbiss8436 Рік тому
I live in rural mid Michigan farm land. I've lived in the city. The noise pollution isn't recognized until you live 12 miles from a gas station
@lowerastral1963
@lowerastral1963 Рік тому
Yep ... my wife and (adult) daughter and I got the hell out of California, never to look back, well, except for watching this video and thanking myself for actually finally getting my wife to agree to get the hell out of that massively expensive state that, honestly, I have no idea how anyone can afford to live there. Plus, there hasn't been potable water there for several decades, unless, of course, you start counting right at this very moment in time, as the Sierra Nevada and Siskiyou Mountains in Northern California have been receiving record snowfall during this winter season of 2022/2023.
@jacksevert3099
@jacksevert3099 Рік тому
People just have more Capital than you and America is a Capitalist country. I really don't see the problem unless you're Communist
@eliasadam2345
@eliasadam2345 8 місяців тому
I used to live in California and had a decent paying job but was living paycheck to paycheck practically. As soon as I moved out of California my net worth went way up. I wish I had moved out of California way earlier, I'd be even further ahead in life.
@dunlopfamjam158
@dunlopfamjam158 Рік тому
Wow! This was so well made. Bravo 🎉
@fredhurst2528
@fredhurst2528 Рік тому
I lived in Arizona for most of the nineties, plenty of California exodus happening then. The classic was getting houses in both Flagstaff and the valley for cheaper than one home in any coveted Cali local. People in Flagstaff frequently told me how real estate there skyrocketed in price from this. Suburb in the forest.
@upside93
@upside93 Рік тому
I'm not from Flagstaff and I don't intend to move there, but I visit somewhat often and I really do wish it was the kind of place no one knew about... Like, it's Arizona, no big mountains and trees here, nothing to see move along
@ecinaz
@ecinaz Рік тому
Cali is ruining AZ. It's very 😔 sad.
@thegreyghost5846
@thegreyghost5846 Рік тому
@@ecinaz californians ruin every place they move to, the housing markets and costs of living explode where ever they go
@skurinski
@skurinski Рік тому
@@ecinaz yup. Arizona is turning democrat from all the idiot Calis moving in
@oldleatherhandsfriends4053
@oldleatherhandsfriends4053 Рік тому
@@ecinaz It ruined AZ. Housing is getting into Cali prices but wages and jobs aren't keeping pace. two bedroom apartemnts go for 2200 a month. It's not the same place I grew up in.
@carriehooper32
@carriehooper32 Рік тому
I lived in San Diego as a teenager and young adult. I loved it there but when my dad retired we just couldn't afford the cost of living anymore and I couldn't either as a young college student. Additionally, the San Diego wildfire of 2004 which was the worst wildfire in the area up to that date was something very scary we did not want to relive and they fires have only gotten worse. We moved back east. Ironically ended up in a town whose tourist industry boomed after we moved here 17 years ago and now the cost of living is getting insane here too. I have met so many other people here who have fled California.
@StripedJacket
@StripedJacket Рік тому
Yo remember the the red-orange skies that looked like a horror film, everyone masked up, no school. I was a tiny kid but I remember that time.
@johnc1014
@johnc1014 Рік тому
I remember the Cedar fire in 2003. I was 8 or 9 and I remember the ridge of the mountains in front of our home glowing red and orange. We didn't have to evacuate for that one, but we did in with the Witch Creek fire a few years later. That one got to within 10 feet of our home and burned down one of our horse corrals. Now, I live in San Antonio, Texas. Honestly, I was never really afraid of wildfire. I know it really sucked for those who lost homes or died, but for me it was somewhat of an adventure. I was a kid, so I just made the most of it. It completely tore through a mobile home park across our street. That became a neat site to visit until they cleaned it up and built super expensive homes there. I wish I could go back, but the cost of living simply makes it impossible. I complain about $3/gal gas right now in Texas. In California, I never once saw it get that low. The government simply imposes too many taxes, too many regulations, and spends far too much. If that could change, California could easily become the best state in the nation. Instead, it's one of the worst.
@fredschnerbert1238
@fredschnerbert1238 Рік тому
Oh, come on now, what's a little fire... You can't be from the North LA burbs if you never been evacuated for a fire! My first was 1967 at the age of 9 Our back hill, dropped about 100 ft on a grade, luckily we had Sprinklers! They let us leave them on, the fire burned everything past their spray pattern 25 years later, they BUILT Houses on those same hills behind us that burned in the 1960's Progress
@theonlyonestanding8079
@theonlyonestanding8079 Рік тому
​@@StripedJacket yup we had that in SF. It look like the scene from the movie Bladerunner..There's a UKposts video on it🌉🌉🌃🏙🌁🌁
@mab1ism
@mab1ism 9 місяців тому
Las Vegas.
@McRuffin
@McRuffin Рік тому
As a bay arena native. Cannot wait to leave. The only reason I stayed so long is because I have family that for whatever reason want to stay. In my area crime is exploding and a house is not affordable. They tax the highest yet there’s potholes and roads haven’t been touched in decades. Haven’t decided where I’ll be going. But most likely NV,AZ or FL
@PxlEarth
@PxlEarth Рік тому
I'm a Victorvillian resident, [YES, Victorville is a real Cailfornia Town/City] and it really isn't that bad here, I recommend LA residents move here, one house can cost around 60k$ to 30k$ You may experience some drought but it's okay! It's warn a nice in spring and cold in December, and yes there are delayed snow days sometimes. LA residents, please move to Victorville!
@sequoiah_tree5510
@sequoiah_tree5510 Рік тому
As someone who grew up in santa cruz ca its extremely sad to see what has happened to my hometown
@christiandauz3742
@christiandauz3742 Рік тому
You make it sound like Republikkkan shitholes like Idaho, Missouri, Alabama and Mississippi Remember Texas let 250 people FREEZE TO DEATH because they didn't want to spend money to weatherproof their power grid
@life_of_riley88
@life_of_riley88 Рік тому
Native Santa Cruz mountain boy here. . .yeah Santa Cruz itself is getting pretty weird(in a bad way). Lots of tech workers, $3,000 studio apartments, and traffic on the 1 is absurd every morning/evening.
@christiandauz3742
@christiandauz3742 Рік тому
@@life_of_riley88 Part of the blame is the stupid US suburbs and lack of public transportation If the US had European surburbs and public transportation we would be much better off! Damn you car companies!!!
@life_of_riley88
@life_of_riley88 Рік тому
@@christiandauz3742 I do agree on transportation, but I see a much bigger issue. Its the fact that some people in the local(to places like Santa Cruz) economy have access to basically free money. When credit for companies, real estate buyers, VC investors etc is basically free or is so cheap as to be free, all that money ends up in the hands of workers, founders, managers etc of those entities that can borrow cheap. So if you had tons of very cheap money at your disposal, what would you do? Buy real estate, that's what you do. Our money is broken, and some people have access to such cheap money that it almost doesn't matter to them. For everyone else, all they see is real estate, cars, rent etc going up in price at 10+% per year. This is because THEIR money doesn't come so easy, or free. It's all because the cost of borrowing has been basically free since 2008.
@infernaldragon5210
@infernaldragon5210 Рік тому
I went to UCSC circa 2011-2016. It was getting bad at that time. I am glad I went to school at that time and not later. I can't imagine what it is like there now in terms of cost of living.
@benjamintocchi7909
@benjamintocchi7909 Рік тому
I live in Boston and I am on a zoning board, and there are two important factors on housing you left out: (1) 2nd homes - weekend apartments: a trend seen in New York, Boston, London, Paris, etc. is prime property in the most desirable neighborhoods is being snapped up by the ultra-wealthy who utilize these as 2nd properties throughout the year. This causes the merely rich to become priced out and cascade into working class neighborhoods, displacing more people. This is why hardly any Italians live in Venice, and that city is hemorrhaging population. (2) Foreign investors: the US is one of the few countries to have zero residency restrictions on property sales. Many foreigners, especially from places like Russia and China, will purchase luxury central city condos as a way to park their money outside the reach of their authoritian home governments. This has the effect of continuing the demand for luxury housing which a region normally has a finite limit for, leaving cities with a tons of vacent but owned properties, and crowing out investment for workforce housing.
@ccsmooth55
@ccsmooth55 Рік тому
I was born and raised in CA. Lived there most all my life. I was forced to leave because I could no longer afford to live there.
@sucraloss
@sucraloss Рік тому
Very well done, I really like your mix of graphic visuals and live footage! I’m sure this takes quite some time to put together, kudos!
@heysiri8748
@heysiri8748 Рік тому
Thought this would be a anti-Californian video that somehow supported Texas, but your in-depth analysis blew away my expectations with the somewhat clickbaity title to the objectively factual yet entertaining content. Earned yourself a subscriber.
@CasualScholar
@CasualScholar Рік тому
Thank you! I really appreciate the kind comment and I’m glad you enjoyed :)
@thibaultlibat368
@thibaultlibat368 Рік тому
I was worried about the exact same thing but it turned out great!
@jimmyramone7396
@jimmyramone7396 Рік тому
California is still the 5th biggest economy in the world with a GDP of 3.4.
@unclejoeoakland
@unclejoeoakland Рік тому
@@jimmyramone7396 4th. We just edged Germany.
@jimmyramone7396
@jimmyramone7396 Рік тому
@@unclejoeoakland i heard we were about to.
@erickeith1466
@erickeith1466 Рік тому
Born and raised in California, the product of a foreign mother and a father, who moved from another state for a better life. California has been on the decline since the 1990s. My wife and I have a move out plan and gone in the next few years. We already bought a property in another state that we like much better. The state of California is only a couple disasters and a few more bad policies away from absolute anarchy. Schools are terrible, traffic is terrible, the cost-of-living is terrible, crime on the increase, homeless population out of control, insane politics, corrupt unions, massive, housing shortage, skyrocketing utility costs, and basically a local government that literally hates its own tax payers. The only fix for California is for everyone to leave and vote very differently once they get somewhere else. I spent a lot of time in Austin Texas, and I could tell you that city is ruined. Do not make the same mistake. Do not export California’s terrible policies elsewhere as it’s a cancer.
@bryanbarajas5499
@bryanbarajas5499 Рік тому
See ya, we won't miss ya
@bibop224
@bibop224 2 місяці тому
Can you tell more about what you saw in Austin Texas? Austin was on my list of options where to move next...
@cjhan9816
@cjhan9816 29 днів тому
1980s, when CA's golden age economy was beginning to decline such as its diverse manufacturing industries upon departing at various states or abroad.
@richwhippersnapper
@richwhippersnapper Рік тому
I just flew out to LA from Tampa FL in early January. It's a fun place to visit as a tourist, but I wouldn't want to live there. California is in danger of becoming a 2-tier society, with just the super wealthy and the poor living there, no Middle class.
@cardboardboxification
@cardboardboxification Рік тому
it already is, 50% of California rent, and will never be able to buy a house,
@vidda2000
@vidda2000 Рік тому
Kinda like Florida....
@MetalicAtheist
@MetalicAtheist Рік тому
"Silicone" is a man-made polymer derived from the chemical element Silicon. It has no use in computer chips, rather it's used as an insulator and some plastic/rubber products. The name is Silicon Valley, because semiconducting silicon wafers form the basis of integrated circuit technology.
@dansouthlondon9873
@dansouthlondon9873 Рік тому
Cheers Jeff
@timun4493
@timun4493 Рік тому
silicone valley is further to the south ;)
@D_Marrenalv
@D_Marrenalv Рік тому
@@timun4493 lol
@patmccall1818
@patmccall1818 Рік тому
@@timun4493 beat me to it goddamnit
@klondike3112
@klondike3112 Рік тому
I noticed the same thing. I think the pronunciation of silicon was just a function of his accent, though. He only said something similar to silicone once in the video, the remaining instances of the word were all stressed correctly.
@zakyeeet5731
@zakyeeet5731 Рік тому
Very interesting video, never knew this much about California !
@CasualScholar
@CasualScholar Рік тому
Thank you!!
@jw362
@jw362 Рік тому
The "collapse" of California is one of those sagas that has taken on a life of its own on the internet. It has little to do with what is actually happening or not happening in California.
@niltoncosta6095
@niltoncosta6095 Рік тому
Agree, I think it's rather overblown to be honest
@backpain100
@backpain100 Рік тому
I agree. California have its fair share of problems, sure, but it also got other upsides - just like anywhere else. The internet is too sensationalistic sometimes.
@MetalSandman999
@MetalSandman999 Рік тому
It's overblown but things are going that way. Overall crime is lower in California than many states, but this is changing. Homelessness is so widespread that it changes the daily lives of not only its victims but everyone. And housing costs being so unsustainable and rising so quickly and consistantly will warp the economy more and more. This will further reduce quality of life even for those who can afford good housing because there will be fewer and fewer people working in necessarily low-paying (or even moderate-paying) service jobs that the economy runs on. California, by many metrics, has had a very high quality of life. But rising homelessness, rising crime, and rising home prices will lead the state further snd further doenhill, even apart from all the controversial political issues.
@niltoncosta6095
@niltoncosta6095 Рік тому
@@MetalSandman999 I think it's like that everywhere now though. Big cities in Texas are pretty expensive now. Florida is getting expensive compared to even 2 years ago. I feel like everywhere is likely going to decline in quality of life as prices, particularly housing, keep increasing. Unless we all move back to small towns and work at the gas station or supermarket, we're all in for a hit I'm afraid, not just California.
@turkicslav5562
@turkicslav5562 Рік тому
@@MetalSandman999 idk was raised in Southwrn Florida and been to LA. I have never ever seen so many homeless mentally I’ll people on the street Also been to several cities , Philadelphia was insane. Holy shit
@Anthony-io7xb
@Anthony-io7xb Рік тому
The problem I commonly see especially in the Sacramento valley is the lack of available housing that isn't already priced out of the market. So often when housing is being built it is extremely expensive Single-family car oriented housing. This drives any substantial growth out of the area and increases the rich-poor divide. What California needs to do to cement its place as the world 4th largest economy is encourage building more housing, multi use preferably close to cities where jobs are. This will help the growing homeless issue and reduce the cost of living for many who are priced out of the market which increasingly sees housing as an investment and not a commodity.
@MetalSandman999
@MetalSandman999 Рік тому
The problem isn't just single-family homes. When we see new high density housing built, whether apartments to rent or condos to own, they tend to be expensive luxury housing. In theory, if you built enough housing on a macro scale than the cost goes down across the board. But you would have to build tons of new housing to have that affect. Meanwhile, what is built doesn't give much option to the middle class renters and buyers who maybe could get by paying $2,000 per month or $500 to buy, but can't afford paying 50-100% more for housing that caters to the wealthy.
@paulwblair
@paulwblair 5 місяців тому
Prop 13 is a big reason for this. Municipalities don't want to build dense housing because they end up lowering per-capita property tax revenue.
@porthose2002
@porthose2002 Рік тому
Kudos to you for being willing to take on this topic.
@joshmoyers4750
@joshmoyers4750 Рік тому
The last time I was in California it costed 10 cents just for a plastic bag...... pathetic
@Unknown-rv1rf
@Unknown-rv1rf 11 місяців тому
I’m from San Diego, my dads side of the family is from Chihuahua and TJ, my moms side of the family is from the south and Ohio and Kentucky. The problem is with California is the house costs, my house cost $815k just for a 1 story 2 bath and 4 bedroom with our own garage. I’m constantly seeing my family moving out of California and to cheaper states like Texas. For an example, my uncles house in Dallas is a 2 story 5 bedroom 3 bath with their own backyard being huge and a child’s dream just for around $250k - $300k. California really has to fix this.
@sebastianorozco1114
@sebastianorozco1114 7 місяців тому
Nothing will change. The voters here keep getting dumber.
@White20445
@White20445 Рік тому
I was born and raised in California and I am preparing to move next year. My wife and I both make ~$90k a year and we cannot afford to live here. The crime, homelessness, awful apartment living with high rents, and terrible governance are reasons I cite for leaving. We will pay the outrages mortgage interest rates to get the hell out of here and raise our family.
@cats400
@cats400 Рік тому
Where to?
@stephanieedwards9854
@stephanieedwards9854 Рік тому
That's fine and all, just don't turn wherever you're moving into California.
@JorgeM270
@JorgeM270 Рік тому
You make $180k a year and there's NOWHERE in California you can live? Nice joke
@aaronc6586
@aaronc6586 Рік тому
​@@JorgeM270 I think they mean to say they can find the same quality or better for cheaper. Taxes in CA is a bottomless pit of all things good.
@bruh-so8vp
@bruh-so8vp Рік тому
@@JorgeM270 most likely before taxes and they probably make that amount in a city like LA or SF where they still wouldnt be able to afford a house or a mortgage on top of other expenses
@tonyt73
@tonyt73 Рік тому
I finished my high school years in Northern California, joined the military afterwards and completed a full career. Amazingly, I received orders back to CA for my last assignment. I retired and stayed local with my family, however, it didn’t take long to realize why 95% of the other military members who attended the same transition from mil to civilian class with me all decided to leave CA. I regret staying here and as soon as our youngest graduates high school we are partying ways with this place. The biggest problem with this entire state is its collective inability to be innovative. That used to be a strength and alluring attribute…it’s now a hindrance due to all the accumulative bad decision making generation after generation. I will not miss this over-rated and full nightmare of a state. The wounds out here are completely self inflicted, taxing everyone and everything into oblivion is driving the exodus and speeding up the timetable for a complete collapse. I don’t want to be anywhere near this place when that ultimately happens. Yikes! Great video, but the attempt to add a glimmer of hope at the end won’t save this place.
@alexmuenster2102
@alexmuenster2102 Рік тому
>>biggest problem with this entire state is its collective inability to be innovative.
@wr31rf
@wr31rf Рік тому
@@alexmuenster2102 calm down lol
@christiang8859
@christiang8859 Рік тому
If you plan on moving out of California check out Garden City, Kansas it's becoming a place for alot of California's that move out state. Garden City, Kansas is booming and expecting to reach 100K population in about 30 to 40yrs. Garden City, KS also was ranked 2nd best place to do business in the state of Kansas.
@jjgreek1
@jjgreek1 Рік тому
California isn’t innovative? Tell that to UKposts, and Facebook, and Google, and Tesla, and SoaceX, and…the the top Four of the top 10 best universities on earth.
@jjgreek1
@jjgreek1 Рік тому
@@christiang8859 I would rather be poor in California than very rich and have to live in Kansas
@QuinnJACKSON-zx1dx
@QuinnJACKSON-zx1dx Рік тому
It is mind boggling how the State of California decline to this state in 50 years.
@charliec5449
@charliec5449 11 місяців тому
Not really. When you have people who won't change their far leftist voting ideology, the result is a ruined state. Then when they move they take that same ideology to their new state to ruin that state as well eventually. Liberalism ruins whatever it touches. Just look at all the cities in blue states. They voted for this in California and wonder why their state is in the shape it is.
@dangreene3895
@dangreene3895 6 місяців тому
Yeah I am 69 when I was a kid and teenager California was the place of a young mans dream , but not now its sad what has become of this rich state which once was the envy of the rest of the country .
@myteli
@myteli Рік тому
As a Californian who's lived in TX for 10+ years, I'm glad companies and general public are/is migrating in large droves. No state should hold so much power.
@StripedJacket
@StripedJacket Рік тому
Lol
@deeznutz32108
@deeznutz32108 Рік тому
New York State was as powerful as California in the 1900s
@myteli
@myteli Рік тому
@@meep2253 California is not responsible for people's/company's choices, but they ARE responsible for how they govern them.
@dethtour
@dethtour Рік тому
​@antonio perez most of those companies were these before the heavy taxation. They're all moving to Texas for a reason. Also those people ate moving to Texas and Texas will also be ruined.
@ae-cha641
@ae-cha641 Рік тому
Hope you left your Democrat politics over there. Don't california my texas.
@kelli4304
@kelli4304 Рік тому
Hopefully remote work will allow places outside of California to also become areas of innovation and growth. The high concentration of wealth in California and the relative lack of it elsewhere isn't good for anybody.
@computron5824
@computron5824 Рік тому
There is a bit of movement to invest in start ups all over the US, and that would definitely benefit everyone.
@lcsw1377
@lcsw1377 Рік тому
Exactly! This is a huge country we have! People may benefit to spread out more.
@corruptedpoison1
@corruptedpoison1 Рік тому
I have noticed Nashville TN has become very attractive for a multitude of reasons.
@dknowles60
@dknowles60 Рік тому
@@corruptedpoison1 and the TVA had rolling blackouts due to the growth
@KPHVAC
@KPHVAC Рік тому
I was born in California and lived there for 30 years. Moving out of California in 2018 was the best decision I ever made!
@JT-pt5tl
@JT-pt5tl Рік тому
Good for you
@ecinaz
@ecinaz Рік тому
Great job. Just don't vote for the same effed up policies that you escaped from.
@KPHVAC
@KPHVAC Рік тому
@@ecinaz I never did vote that way, or fit in with the average Californian!! I absolutely love our constitution and my right to bear arms!!
@Stupid_you_so_stoopid_UHF
@Stupid_you_so_stoopid_UHF Рік тому
@@ecinaz what the heck is going on in AZ? No way Hobbs won that IMHO
@ecinaz
@ecinaz Рік тому
@@Stupid_you_so_stoopid_UHF Cali is ruining AZ. I live in liberal Tucson which is only like 30% conservative, but I can't believe that Hobbs won. I'm still in shock. I can't believe that Arizonans would vote for a total socialist, anti-police, pro open borders, gun grabbing, CRT supporting, tax raising nut job. People have lost their damn minds.
@loserbibi988
@loserbibi988 Рік тому
I wish you had touched upon the population increase during the Great Depression due to people from Oklahoma and Arkansas looking for work.
@35t10b
@35t10b 10 місяців тому
Nebraska as well. My grand parents on my moms side are Mennonite farmers from Nebraska. They went to Fresno, reedley, and dinuba in 1934
@loserbibi988
@loserbibi988 10 місяців тому
@@35t10b That too. I only mentioned the migrants from Oklahoma and Arkansas because that's where my family's from.
@AW1Lucky
@AW1Lucky Рік тому
Retired enlisted US Navy 33 years ago in San Diego. Met and married a local girl and after 30 years together she passed. Spiraling costs, taxes, crime, and increasingly egregious government intrusion helped me, no, FORCED me to decide to sell our home and move to Arizona. Great memories, but it's time to get outa here before home prices tank as interest rates soar. Good luck everybody, see ya in the funny papers!
@Gudha_Ismintis
@Gudha_Ismintis Рік тому
new subscriber here (from across the pond) and my first video to watch on your channel - this was a very informative, interesting, nicely researched and put together in a highly enjoyable video from start to finish
@Dried11
@Dried11 Рік тому
I would think about diversifying your research on this topic because this video is very biased and does not even begin to tell the picture of the economic complexities in current day California.
@jonathancruz5932
@jonathancruz5932 Рік тому
I used to live in Southern California from 1996-2022. Now I am living in Washington state and I would never go back where I just been through
@Cyrus992
@Cyrus992 Рік тому
Which part of WA? Hopefully the eastern part.
@lindsayb7811
@lindsayb7811 Рік тому
I know states are hating on Californians, but we didn’t want to be priced out. It could have happened anywhere, but it happened to us. Leaving everything because you can’t afford to stay feels awful. I’ll miss you forever SoCal.
@angelmendez2211
@angelmendez2211 11 місяців тому
The thing is when people originally moved to California there was a good time where people can rise up ranks, and there is still opportunity today for that to happen still if you take proper advantage of it. For people moving out for cheaper areas eventually the population will became unstable and due to how those states are structure the housing market will definitely collapse faster. There no Florida dream or Texas dream it just cheap that you have to live there but will it always be like that where there heading it doesn't look like a lifelong investment.
@andrewgoss6486
@andrewgoss6486 10 місяців тому
It didn't just happen by accident. California's poverty issues are caused by socialist-progressive policies and were easily and actively predicted.
@angelmendez2211
@angelmendez2211 10 місяців тому
@@andrewgoss6486 I didn't know corporation buying up property to price gouge, and home Airbnb are progressive policies. When that bill that happen decades ago caused by progressive polices that force single housing, and limited the government power to have California to have too much NIMBY power that halted any future project that can change the neighborhood for the better. I didn't know that was a progressive California sounded more like a Reagan or Dems neo liberal California that spread everywhere. Also why is Florida problems exploding way quicker as there population grow more and more faster in such a shorter time that California's did in in decades. sounds like there housing market ain't as great as California. I didn't know Florida is a progressive state.
@angelmendez2211
@angelmendez2211 10 місяців тому
@@mattliehr3124 Yes it way worse.
@BodeMendes-ih7zt
@BodeMendes-ih7zt 8 місяців тому
@@andrewgoss6486Did you miss the part in the video in which the beginning of Cali’s problems began with the decentralization of housing on coastal areas to benefit the rich? The transition to large single family homes wrecked the infrastructure already built there, ie: private ownership kinda started the downfall of those huge economic areas of cali. Sure you’d like to say “muh taxes”, but that isn’t really the case here. The taxes are a consequence of bad economic policy and privatization. Good infrastructure really plays a huge role in a population’s ability to function correctly, and the snowball effect of bad policies can really ruin things for a nation/state.
@35t10b
@35t10b 10 місяців тому
I was born in Yuba City, lived in San Jose, Los Angeles, San Diego, San Rafael. From birth to 2019 I lived all but 8 years in California. Left because of cost of living, draught and fires. Its really unsustainable place to have so many people
@wepoststuff
@wepoststuff Рік тому
Loved the intro! And a great video overall. As a native Californian myself I do not see myself living here within the next ten years, for many of the reasons listed in this video.
@ben8405
@ben8405 Рік тому
It's hard to leave CALIFORNIA WEATHER! AFTER - 34 DEGREES IN DENVER I LEFT. HE WHO GOES, WILL COME BACK! The
@DakotaofRaptors
@DakotaofRaptors Рік тому
Is that Kancolle?
@wepoststuff
@wepoststuff Рік тому
@@DakotaofRaptors Yes, is Kongou
@rell0223
@rell0223 Рік тому
Just PLEASE dont vote for the same ideas that ruined california when you move
@christiang8859
@christiang8859 Рік тому
Garden City, Kansas is a place for alot of native California's are moving to because affordable housing and good schools and ranked 2nd best place to do business in the state of Kansas. Garden City, KS is booming because of what's going on in California and Garden City, KS is expecting to reach 100K population in 30 to 40yrs time.
@freesk8
@freesk8 Рік тому
Wow, great video. So insightful! Spot on. Thanks! :)
@CasualScholar
@CasualScholar Рік тому
Thank you! Glad you enjoyed :)
@alternatereality7713
@alternatereality7713 Рік тому
I love the weather of SoCal. Sunny and mild most of the year.
@soulwailer3394
@soulwailer3394 Рік тому
The stats about Venice Beach vs Metro LA population growth since 1960 might be true, but they are applied in a misleading way. Venice Beach encompasses a 3-square mile area and was largely built out by 1960. As the residents have aged and their children have moved out, it makes sense that the population would show some decline as household sizes get smaller. The newer people moving in are also having fewer children since fertility rates are declining. Metro LA on the other hand, encompasses 33,000 square miles and still had an incredible abundance of open land in 1960. So it was much easier to achieve 91% population growth because there were many places available to build houses and apartment buildings. The substance of this video seems to be taken mainly from an Atlantic Article that was in large part written based on the work of a single pro-housing advocate, so the stats presented are done so in a way to push that agenda, not to present a balanced view of things. The information about school overcrowding is even more baffling because the number of school children in CA is in serious decline due to plunging fertility rates. Most districts are competing for a shrinking pie of students with other districts, charter schools, private schools, and home schools. The district I live in is considering shutting down 4 out of 13 schools due to a 1/3 decline in enrollment in just 10 years! There are currently more 8th graders enrolled than kindergartners, so the trend is still accelerating!
@zerocal76
@zerocal76 Рік тому
I appreciate the info you added here. This is why I watch multiple videos/docs on any important topic and then supplement w/ articles. It will be nice to have a one-place-for-all info quality of videos/docs (even if we have to pay for them)
@MetalSandman999
@MetalSandman999 Рік тому
Fewer students doesn't necessarily mean smaller class sizes. As teachers quit or are laid off, there can still be more students for every remaining teacher even if the total number of students declines.
@mccrearym
@mccrearym Рік тому
There are a lot of great points in this - but it's also very unnecessarily grim on the future. A lot of this could be fixed by building more housing, and eliminating things like "discretionary review" that let people (often old, retired, folks) to stop any type of development that can provide more housing for people. It's kind of amazing how many of CA's issues can easily be traced back to this fundamental issue around housing and how it is (or not) distributed and built through the state.
@agricola
@agricola 8 місяців тому
“Grim” will be the outlook for California for the foreseeable future.
@FinnReinhardt
@FinnReinhardt Рік тому
Great video and soothing voice over. Keep it up 😃
@rickdavid1795
@rickdavid1795 8 місяців тому
I’m leaving next month after living here for over 40 years. I thought it was the best place on earth, now I can’t wait to leave.
@sengssk
@sengssk Рік тому
"Dan Walters, a journalist who has covered California government for more than 50 years, wrote in 2020 that the Golden State is beset by a “crisis of competence.” As a result, government agencies’ “chronic inability to provide rapid and efficient service-to simply do their jobs-has created boundless frustration and anger.” His list of particulars is long and depressing: accounting systems that don’t mesh; housing programs that don’t mitigate homelessness; a high-speed rail initiative that the Times, once an enthusiastic supporter, recently called “the project from hell”; schools that don’t teach; a power grid that takes sabbaticals. Vox founder and California native Ezra Klein reluctantly conceded the point in the New York Times earlier this year: “If progressivism cannot work here, why should the country believe it can work anywhere else?” That is, a state where Republicans are in no position to prevent, undermine, or even discredit any policy initiative should be highly conducive to progressive achievements. Democrats hold supermajorities in California’s state legislature and account for 80% of its congressional delegation. More than a decade has passed since a Republican won election to any statewide office. “California is dominated by Democrats,” in Klein’s summation, “but many of the people Democrats claim to care about most can’t afford to live there.” In the wake of its governing failures, California has turned into a net exporter of people to the other 49 states." claremontreviewofbooks.com/progressively-worse
@matthewhuszarik4173
@matthewhuszarik4173 Рік тому
The reason there are so many homeless in California is because California is the best place in the world to be homeless and they come in from all over. The combination of very mild weather and generous benefits for the homeless makes California a magnet for them.
@crand20033
@crand20033 Рік тому
And also illegal aliens who harass and steal from the locals and make them want to move to other states.
@matthewhuszarik4173
@matthewhuszarik4173 Рік тому
@@crand20033 I live in California and have never been harassed by illegals or know anyone who has been. Illegals by and large are the hardest working easiest to get along with people you would ever meet. Some of the AH who take advantage of them are another story.
@crand20033
@crand20033 Рік тому
@@matthewhuszarik4173 I lived in Huntington Park and had a lot of trouble with the illegal immigrant gang members there. I was burglarized at night at gunpoint, one spit at me while i was walking by, and one stole my new bicycle. I saw some stealing a car and taking it apart. They were always causing graffiti and crime. Terrible place.
@matthewhuszarik4173
@matthewhuszarik4173 Рік тому
@@crand20033 You live in a real bad area? My sister lives in Scherman Oaks and has never had any problems. Mother in law lives in Oxnard and never any problems. We live in Santa Barbara and it is the same. How do you know these gang members are illegal and not US citizens? I have found all the for sure illegals I have dealt with are hard working, respectful, quite, and don’t make waves.
@crand20033
@crand20033 Рік тому
@@matthewhuszarik4173 They come in with no money and have to rob, burglarize and steal. Honduras and El Salvador are very dangerous countries. Murder capitals of the world. You can view videos on youtube about the gangs, drugs and murders there. Plus it's the worst place to be a woman because Hispanics are hotheads too that get angry easily so the women are dangerous too. Highest homicide rates are: Tijuana Mexico 2,367 1,763,197 134.24, 2. Juárez Mexico 1,522 1,455,923 104.54, 3. Uruapan Mexico 30
@javianjohnson8746
@javianjohnson8746 Рік тому
I've always heard about the "Great California Exodus" and knew a lot of it had to do with the high costs of living, but this video definitely dives deeper into the areas that I didn't know about. The terrible education system, the rapidly rising unemployment rates, income inequality, crazy high taxes, "Zipcode Education". Man, this is truly something. Thanks for the educational lesson.
@bigdickblack1505
@bigdickblack1505 Рік тому
Not really. According to WalletHub the best state in the country for “quality of education” is Massachusetts followed by California, according to research released (January 21, 2019) by WalletHub. The study was part of WalletHub’s annual ranking of the “Most & Least Educated States in America.” This year’s ranking combined two categories - educational attainment and quality of education - broken down by 20 “relevant metrics.” Massachusetts placed first in both categories followed by California. Taxes in CA are relatively low actually. 1. Money Geek rates CA # 13 best state for taxes with grade of B as of 6/23/2021. 2. GoBankingRates ranks CA # 11 for tax friendly for the middle class as of 2/12/2019. 3. Kiplinger rates CA as "most Tax Friendly" as of Nov. 2019. 4. WalletHub as # 16 best state for property tax in the country as 2/23/2021. 5. WalletHub ranks CA # 34 least for combined sales & excise taxes as 3/21/2021. 6. Kiplinger rates CA as "tax friendly" for retirees as of 12/2020. 7. CA does not tax social security. 8. No CA estate or inheritance tax. 9. Prescription drugs & groceries are not taxed in CA. 10. No CA tax on unemployment benefits.
@DaniMrtini
@DaniMrtini Рік тому
@@bigdickblack1505 bro you're going against the narrative !! California sucks!!! (I like and am moving back to California soon so I am just joking)
@burtreynolds8030
@burtreynolds8030 Рік тому
@@bigdickblack1505 I’m my Massachusetts and I think the ranking is heavily reliant on Boston, and if they include higher education then it’s definitely number #1 they have Harvard MIT and Northeastern, the western part of the state is like most of the country just common core basic stuff, we also have a lot of really old private schools that bring the rating way up, deerfield academy has been here since 1780 something and has crazy alumni like the current king and prince of Jordan
@dannyhernandez1212
@dannyhernandez1212 Рік тому
Most people leaving are doing so for political reasons. Honestly, we need them to go.
@pyropulseIXXI
@pyropulseIXXI Рік тому
CA literally just edged out Germany to become the 4th largest economy in the ENTIRE WORLD. It also has some of the best universities for physics and mathematics, such as UCLA, UC Berkeley, UCSB, Stanford, Ca Institute of Technology, and outputs the largest agriculture yield of any state. A few cities suck, but the entire state is still a behemoth
@pauld.b7129
@pauld.b7129 5 місяців тому
I'm actually trying to build a tiny house in CA right now, and I've found out they HIGHLY discriminate against poor people. With permits, regulation requirements, and other added costs, I'm paying 30,000$ to the state just to be able to build anything. Honestly, its depressing. There's no future in California for anyone not making 6 figures. I'd pay the state the same amount it would cost to build my house, and for what? I'm basically paying them to stop me from using my own land.
@Zensurf-gn4pj
@Zensurf-gn4pj 15 днів тому
Same experience. Building anything in CA is double the building cost at a minimum.
@SandraAnnEvans
@SandraAnnEvans Рік тому
THANK YOU FOR SHARING YOUR KNOWLEDGE . . . 😊
@josiahclagett7369
@josiahclagett7369 Рік тому
I'm blown away by the quality of your research and storytelling. And I love that this video didn't feel partisan at all - it's just a timeline of economic causes and effects. Well done.
@CasualScholar
@CasualScholar Рік тому
Thank you! I really appreciate that and I’m glad you enjoyed!
@penguinking4830
@penguinking4830 Рік тому
Economic cause and effect are often better understood through the lens of partisanship. At least the current state of things.
@jaaaake
@jaaaake Рік тому
“Didn’t feel partisan” “notorious environmental regulations”
@noob.168
@noob.168 Рік тому
It also shows he's never been to California before.
@todd9016
@todd9016 Рік тому
@@CasualScholar It is wrong to take so much Tax from rich. CA is driving them away. it is very unfair. IM not rich either.
@brianm7287
@brianm7287 Рік тому
One of the reasons that California continued to have Silicon Valley be what it was/is, is that California has the most worker-friendly non-compete laws in the nation. No one who wanted to leave a company to start their own was basically free to.
@johnstuartsmith
@johnstuartsmith 10 місяців тому
There are many reasons that Silicon Valley was built in California. UC Berkeley, Stanford, Lawrence Livermore Laboratories and the purposeful accumulation of very bright people and very-well financed research facilities created the atmosphere that nurtured Apple, Google, Intel, and all the rest. The same thing can be said about Massachusetts and MIT and North Carolina's Research Triangle. There's more reasons to invest in colleges and universities than creating football teams that win bowl games.
@harlanjackson6112
@harlanjackson6112 11 місяців тому
Just love how history is written by the winners. Gold was discovered in California (then part of Mexico) in 1842. Francisco Lopez was searching for stray horses and stopped on the bank of a small creek (in today's Placerita Canyon), about 3 miles (4.8 km) east of present-day Newhall, California, and about 35 miles (56 km) northwest of L.A. While the horses grazed, Lopez dug up some wild onions and found a small gold nugget in the roots among the bulbs. He looked further and found more gold.[3] Lopez took the gold to authorities who confirmed its worth. Lopez and others began to search for other streambeds with gold deposits in the area. They found several in the northeastern section of the forest, within present-day Ventura County.[3] In November, some of the gold was sent to the U.S. Mint, although otherwise attracted little notice.[4][5] In 1843, Lopez found gold in San Feliciano Canyon near his first discovery. Mexican miners from Sonora worked the placer deposits until 1846.[3] Minor finds of gold in California were also made by Mission Indians prior to 1848. The friars instructed them to keep its location secret to avoid a gold rush.
@stanleysue9469
@stanleysue9469 Рік тому
I like California and feel fortunate with the weather, people, and values.
@charliec5449
@charliec5449 11 місяців тому
What has those woke / leftist values done to your state? Liberalism is like a plague, it kills whatever it touches.
@agricola
@agricola 8 місяців тому
What “values”?
@charliec5449
@charliec5449 8 місяців тому
@@agricola No kidding. Plus they keep voting in these extreme far left progressives that institute policies that have put California in mess they are in today. Then they whine about homelessness, high taxes, lack of affordable housing, poor education and countless other problems, yet when election time comes they keep voting for the same type of candidates that will continue this trend. They seem unable to vote any other way, so they deserve what they voted for.
@gpond7
@gpond7 Рік тому
Fantastic job, you earned another sub!
@scotthullinger4684
@scotthullinger4684 Рік тому
In California, $125,000 a year is just barely middle class, if even that. Especially when your salary can just barely manage to make the monthly house payment in California for a two bedroom house. The new middle class citizen lives alone in a one bedroom apartment. It warms his heart to own a bicycle, his only transportation.
@vikm1341
@vikm1341 Місяць тому
Middle class is 70K in California
@scotthullinger4684
@scotthullinger4684 Місяць тому
@@vikm1341 - $70K is pretty much middle class everywhere, not just in California. And taking into account that a salary of $200K will barely get you inside the most ordinary house when you buy, people don't start to move well beyond average until their income approaches half a million. And maybe 25% less in many other states.
@strang1124
@strang1124 Рік тому
At 17:55 I see The Congress bridge & the Austin, Tx. skyline 😊
@samuelevans5750
@samuelevans5750 8 місяців тому
Economics explained just released a video with a very similar thumbnail. Even though I disagree with the findings of their rating (8.8 out of 10. I would have rated it 6.9 due to extreme instabilities in crime and economics), I found it interesting.
@vavn91
@vavn91 Рік тому
I just moved to Texas from California and I really appreciate this video. But judging from the thumbnail I thought you would be discussing Texas as well. I would to see a video this in depth about Texas.
@mustang8206
@mustang8206 Рік тому
Just dont vote for the same policies in Texas that ruined California
@rootigaroot9922
@rootigaroot9922 Рік тому
texas and california both suck, so does every state with a population over 3 million
@vavn91
@vavn91 Рік тому
@@mustang8206 No worries man. I'm salty on politics now. I wont be voting anytime in the near future. I would rather focus on other things. I don't even wanna watch the news anymore.
@vavn91
@vavn91 Рік тому
@@rootigaroot9922 I guess the move is to work remote from somewhere in Idaho right lol
@matildesantos4215
@matildesantos4215 Рік тому
Please don't California the beautiful state of Texas
@Williscool
@Williscool Рік тому
This video is a masterpiece. Explains exactly why I left. I lived in San Francisco for about 5 years and watched it all fall apart in real time.
@bevvy.bee9
@bevvy.bee9 Рік тому
@Faggot Rotten Republican shills, in reality you need to acknowledge home owners who want less property developments are not your friends
@SnoopyDoofie
@SnoopyDoofie Рік тому
Where do you live now? Is it better?
@rootigaroot9922
@rootigaroot9922 Рік тому
My parents took us out when I was 5 back in 2005 lol, they left for a lot of reasons but crime, taxes and politics being the big 3.
@musclecarfan74
@musclecarfan74 10 місяців тому
My great uncle was a welder, who moved to California from central Illinois in about 1930, he lived there till he died in the mid 70's. He lived in West Covina.
@h1ko393
@h1ko393 6 місяців тому
As someone who resides in SoCal with a normal job of 100k. Despite all the downfalls of California, it’s impossible to beat this weather and that’s worth it to me. Especially now that once “affordable” states like Texas are becoming increasingly expensive, it’s better to just stay. Though, I wouldn’t reside anywhere else in California as it would lose its major appeal.
@alexr1637
@alexr1637 Рік тому
finally some good intro. and great job with research, storytelling and analysis as always
@michaelimbesi2314
@michaelimbesi2314 Рік тому
You do actually need to be in-person to innovate. The issue California faces here is actually just that there are other tech hubs emerging that allow the similar benefits at much lower prices. Austin TX, Miami, and especially Northern Virginia are all examples. Northern VA in particular has a very similar ecosystem of banks, tech companies, colleges, and defense contractors to the one that made Silicon Valley possible thanks to the efforts of the state government. There's a great article discussing it called "The Real Story of How Virginia Won Amazon's HQ2"
@rexx9496
@rexx9496 Рік тому
The thing is, if places like Austin start attracting high paying businesses lured by low taxes, then the same problems will recreate there. You're going to have housing prices skyrocket from the influx of high paid workers, you're going to have inequality rise, and homeless population increase. And we've seen this in Austin in recent years. Then to accommodate the higher population growth you're going to have to raise taxes to build all these new roads and infrastructure, schools, etc. There's no such thing as a free lunch.
@johnstuartsmith
@johnstuartsmith Рік тому
The more tech hubs, the better. I'm happy to see some mention that large state investments in colleges can bring forth an innovative, productive and prosperous economy. There's more to it than having low taxes, little regulation, small and weak government, and minimum spending on education and public infrastructure.
@irkendragon
@irkendragon Рік тому
That's funny, because both Austin and MIami are some of the worst possible places you could move to right now in terms of long term sustainability ala their increasing forecast for natural disasters. As soon as those tech hubs are built up they'll come tearing back down.
@niltoncosta6095
@niltoncosta6095 Рік тому
@@rexx9496 Prices have already gone up insanely in Austin. And property taxes will kill you there, way, way higher than California. So yes, it will happen soon where the homes are basically the same cost as in California.
@Theman3806
@Theman3806 Рік тому
My company does about $10B in revenue a year and a majority of the work force is remote,
@Mohammad_Ali__
@Mohammad_Ali__ Рік тому
Those were some really interesting facts that were stated. The history of California was nice to know about. Let’s hope there will be a bright future with less difficulty for its people.
@jimandersen3003
@jimandersen3003 Рік тому
not likely.
@jacksevert3099
@jacksevert3099 Рік тому
California continues to have the highest GDP per year of nearly every US state tho. How is that not bright?
@Dafty2k
@Dafty2k Рік тому
The local government definitely needs to be stripped of their power🤷‍♂️
@edmundmcgrath213
@edmundmcgrath213 Рік тому
punch drunk
@Mohammad_Ali__
@Mohammad_Ali__ Рік тому
@@edmundmcgrath213 I don’t get physical on people mate.
@StripedJacket
@StripedJacket Рік тому
The homeless usually from out of state b/c the weather is easily livable. Some states even bus them over to CA.
@XxXgabbO95XxX
@XxXgabbO95XxX Рік тому
One of my favorite channels lately
@travelgo3720
@travelgo3720 Рік тому
An increase in the cost of living trend has been felt nationally.
@cramer4506
@cramer4506 Рік тому
Yeah, and at least here in Oregon, a good portion of that is Californians fleeing their rotting state to Oregon. Since their housing is almost double the cost of the national average, they can come in and snap up housing away from native Oregonians.
@travelgo3720
@travelgo3720 Рік тому
@@cramer4506 Not sure if you have been following the housing market. But literally every state has seen sharp increase in home purchases. Low supply, and high demand for houses. America needs to build more homes if if wants to solve the housing problems.
@cramer4506
@cramer4506 Рік тому
@@travelgo3720 That's cool and all, but housing costs in California are literally almost double the national average. Which means theirs has spiked far more than can just be attributed to the troubles in the housing market alone.
@WJWeber
@WJWeber Рік тому
@@cramer4506 yeah that’s why they go. I bet a lot of owners are happy about that. If it makes you feel better the real estate isn’t dropping in ca.
@seanthe100
@seanthe100 Рік тому
@@cramer4506 this isn't unique to California it's a west coast phenomena, the geography on the west coast isn't conducive to cheap housing winch elevates the price. Notice how Vancouver BC has the exact same problems as California, Oregon, and Washington. That tells you it's a geographic problem more than the state or even country itself.
@jonathanflood4545
@jonathanflood4545 Рік тому
Born n raised in San Diego, traveled all along the bottom states of the US, traversed the SW, visit my family on the islands and worked partially in Mexico. I moved up to NorCal to fight fires and I fell in love. California was made for God's paradise but sadly has fallen so far down into its own self defficating habits that turns this near perfect geographical location and portray it as a hell hole (which many parts are). I hope we Californians fix our home and make it beautiful like how it was formed
@cristiansolares2007
@cristiansolares2007 Рік тому
Will never happen, it's too pack. Just like a gymnasium, a place can only hold a certain amount of people.
@edmundmcgrath213
@edmundmcgrath213 Рік тому
I see what you did there by combining two words to create a new one. deprecating + defecating = defficating.
@benmartinez8443
@benmartinez8443 Рік тому
I live in LA and love it. I would hate to have to leave and live in any other city and I have no desire to live in any rural area.
@ethanwmonster9075
@ethanwmonster9075 Рік тому
It's also worth noting that LA county has more people than 40 states.
@edmundmcgrath213
@edmundmcgrath213 Рік тому
more mexicans in LA county then all of Merxico.
@St.Twizz214
@St.Twizz214 11 місяців тому
@@edmundmcgrath213you’re an Id!ot. There’s like ten million people in LA county. Mexico has like 130 million people
@dictatorofthecheese
@dictatorofthecheese Рік тому
I was afraid this was going to be biased but instead of me refusing to watch it, I told the video to "convince me". I watched the video and I can state that this video definitely convinced me. Great video as always. Haven't lived in California, but I've visited there twice visiting one of my closest friends in Sacramento. Beautiful state that I love.
@geodude9395
@geodude9395 Рік тому
New York, California, New Jersey, and Connecticut. The Four Tax horsemen
@annamc3947
@annamc3947 Рік тому
The taxes thing is overblown. CA has high state income taxes because we have low property taxes. Under Proposition 13, your property taxes are based on the purchase price of your home, not its current value. My house is now worth 4 times what I paid for it 25 years ago, yet the property taxes are based on its value in 1997. Texas is the opposite. Friends who moved there were thrilled to pay no state income taxes - until they saw their property tax bill.
@RoboJules
@RoboJules Рік тому
The economy went from undeveloped to pre-industrial to resources and agriculture to manufacturing to services to information technology to dead in 200 years - that's a pretty impressive speed run.
@paulwblair
@paulwblair 5 місяців тому
Lol. The economy "dead". 😂
@parrotlover9035
@parrotlover9035 Рік тому
I am 61 and remember seeing huge areas of open land on trips from Long Beach to San Diego.
@Junior_Rocky
@Junior_Rocky Рік тому
Me too. I also remember reasonable rents.
@chipsnmydip
@chipsnmydip Рік тому
There is still the stretch before Camp Pendleton.
@chipsnmydip
@chipsnmydip Рік тому
@The Richest Man In Babylon Ok, wow.
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