What’s Reshaping Florida, California And New York?

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CNBC

CNBC

День тому

The Covid-19 pandemic changed the real estate market and forced people to reevaluate where they live and work. Oracle, Palantir and Hewlett-Packard Enterprise moved their headquarters out of California and Elon Musk moved to Texas. Florida became known as a safety haven for wealthy New Yorkers fleeing Covid which now seems like a permanent move as states including New Jersey and New York raise taxes on the wealthy. Some of Wall Street and Silicon Valley’s biggest names like Elliot Management, Citadel, Shervin Pishevar, and Keith Robois, have moved to the Sunshine state to build roots. These are the states seeing a surge in population and the states that have seen a population exodus.
Segments:
00:00 -- What’s Driving California’s Mass Exodus?
19:29 -- Can Florida Become The Next Big Tech And Finance Hub?
30:19 -- Are Rich People Fleeing Places With High Taxes?
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What’s Reshaping Florida, California And New York?

КОМЕНТАРІ: 5 300
@pjrt_tv
@pjrt_tv 2 роки тому
I still find it amazing when ppl say "now that commutes are irrelevant". Do these ppl realize that the great majority of jobs cannot be done remotely? The media needs to stop focusing on the wealthiest companies and white collar workers. And I say this as a tech worker.
@jbar_85
@jbar_85 2 роки тому
The roads in south Florida have been back to pre-pandemic levels for a long time now. It’s unbearable lately.
@anniesue4456
@anniesue4456 2 роки тому
Employers dream of programmable slaves and employees dream of stress free unsupervised work .....the world still needs manual labor and skilled laborers etc smh
@johne6081
@johne6081 2 роки тому
... but a work from home option for jobs that can be done by remote does benefit everyone with reduced traffic congestion, smog, global warming, and pressure on urban housing prices.
@vladalucardtepes
@vladalucardtepes 2 роки тому
Vote for Pedro
@justinhenryrebel
@justinhenryrebel 2 роки тому
@@jbar_85 traffic in Miami is ridiculous ..especially on the weekends
@fairwayfigueroa
@fairwayfigueroa 2 роки тому
I've been in San Diego for 40 yrs , people forget that in the 90's America flocked to California and drove up Real estate prices and it hasn't stopped. Now Florida, Texas , Idaho etc will definitely feel raising costs of living .
@bobb9420
@bobb9420 2 роки тому
And there wouldn't be a problem if they didn't have extremist leftist majority. Progressive policy's are to blame.
@citizendaine218
@citizendaine218 2 роки тому
@@bobb9420 population increases actually raises the cost of living no matter what your political beliefs. Florida is a die hard red state and the cost of a 2 bedroom rivals that of NU or even NJ. More people equals higher taxes.
@Debgirl27
@Debgirl27 2 роки тому
And Las Vegas! My goodness
@ghostpos
@ghostpos 2 роки тому
Exactly. Arbitrage is a façade everywhere is now expensive.
@0P9ine
@0P9ine 2 роки тому
@@bobb9420 poor pea brain bob can you actually think for yourself instead of parroting your favorite conservative pundit
@instinctively_awesome8283
@instinctively_awesome8283 Рік тому
Real estate crashing 40% wouldn't even be a crash… it would be 2019.
@Natalieneptune469
@Natalieneptune469 Рік тому
Sounds good to me! I think there will be foreclosures galore.
@Robertgriffinne
@Robertgriffinne Рік тому
@@Natalieneptune469 When?
@marianparker7502
@marianparker7502 Рік тому
@@Natalieneptune469 How can the typical family with average income afford a higher rate+ more expensive home? in my area multi generational home is becoming the norm . Don’t forget to add the inflation which just this week was 9.1 on the CPI , producers index 11.3, it’s going to be a rough ride for sure.
@Natalieneptune469
@Natalieneptune469 Рік тому
@@marianparker7502 Time will tell how this period will treat people that never save, invest, lived beyond means, paycheck to paycheck, too many kids, too big of home, keeping up with the joneses with FOMO,YOLO, paying alimony, child support, etc…
@instinctively_awesome8283
@instinctively_awesome8283 Рік тому
@@Natalieneptune469 This is why being informed pays off. I see any market condition to make plethora of wealth. I had my 55k diversified mainly in stock and digital-assets which has grown by 3x in the past 7 months with compounding (credit to Nicole Ann Sabin ) . venturing doesn’t necessarily boil down to funds but you also have to be informed, be patient and back it up with good guidance.
@Simply_JustKim
@Simply_JustKim Рік тому
As an educator, I left South Florida. Very unaffordable. Low paying jobs, the wealthy have pushed the working out.
@Acestlaviee
@Acestlaviee Рік тому
Where did you go if you don’t mind me asking?
@johnnylego807
@johnnylego807 Рік тому
This is spot on, it’s wealthy democrats.
@breonmitchell2443
@breonmitchell2443 10 місяців тому
​@@johnnylego807it's Caucasian people voted for Desantis should burn in hell he evil friend Cuban live in lil Havana these Caucasian gentrificating Lil Havana said bringing in weird corny Caucasian in there neighborhoods literally build $50m apartment complex prices in area went affordable living to times 3 rent price
@XTRABIG
@XTRABIG 10 місяців тому
yeahnbman.. i moved here in 2012... but i'll be out later this year.. housing is too expensive. and wages dont match.
@saraewalt
@saraewalt Місяць тому
@@johnnylego807 there are way more wealthy Republican's in Miami Dade now, like Ivanka Trump and her fam (New York Republican's are moving on Miami like crazy)
@Somebody-di7kc
@Somebody-di7kc 2 роки тому
Quit focusing on people who work tech, not everyone works tech. The majority of people need to be present in person to work. Some of us, like myself, live on a fixed income, we had no choice but to leave California.
@heartlesshorseman4202
@heartlesshorseman4202 2 роки тому
That sucks because all you California liberals are gonna come to move to Republican states that haven't been ruined by democrats yet and vote for Democrat criminals that will ruin said state in the same ways you ruined your home state🙄
@blackwater7183
@blackwater7183 Рік тому
Please go back to Cali.
@DrewRueDoo
@DrewRueDoo 2 роки тому
I'm sorry, but Miami (and all of South FL) is NOT cheap housing.
@landmark22
@landmark22 2 роки тому
True its crazy I saw a house 270K 2bed 1 bath that needed full restoration
@dizzotizzo69
@dizzotizzo69 2 роки тому
Be glad you're not in Sydney, Australia. A 3 bedroom house with no garage and no basement will cost you $1.6 million
@johne6081
@johne6081 2 роки тому
@@landmark22 That would cost you $1M in the coastal parts of San Diego, Los Angeles, or the Bay Area.
@davidjasso178
@davidjasso178 2 роки тому
@@landmark22 How much you think it need to fix up $75,000?
@ItsMaha
@ItsMaha 2 роки тому
Lmfao facts
@zenyas7358
@zenyas7358 Рік тому
I lived in Texas for 10 years… employees get fired unfairly, lots of unprepared for extreme weather, you pay a lots of what they call “ city taxes “ they’re not honest and fair to workers and if you rent apartments you get $300 just in “ city taxes” they come up with a name to charge you taxes… the hourly pay it’s very low, you drive more longer to simply grocery, lots of illegal immigrants… I’m sure if all companies are moving to Texas like Tesla did, when soon realized was no power or water after a extreme snow/ ice weather that Texas knew was coming and they didn’t do anything to prevent a collapse in power water and food.. was trash everywhere, no water or food in the store.. ice in the streets for 2 months was no water. Tesla and others want profits but soon they move they will realize Texas it’s not the paradise and government will use it to rise prices of housing and water and power… Because this companies moved to Texas . To hot to humid to many bugs … to much AC all year it costs $500 per month etc
@azishappy2035
@azishappy2035 Рік тому
Good points! People are so irrational; they don't look at the big picture and all the downsides that come with it. Paradise lost~
@NW-III
@NW-III 11 місяців тому
I'm one of many that left CA for TX (CA native) and I was able to save a lot more and have the opportunity to buy a home in TX. But I miss CA a lot. The vibe/culture was way less aggressive, way more things to do or see, amazing weather year round, and much more. I am definitely planning on moving back soon and counting down the days.
@bns434
@bns434 9 місяців тому
Why texas though? So many CA ppl move here out of all the states . I see CA license plates everywhere here in Houston 🤦
@cliobhabie
@cliobhabie 9 місяців тому
Yeah me too(CA native) It’s too aggressive down here
@lichi1244eva
@lichi1244eva 2 роки тому
The very people leaving California and New York for Texas and Florida because of cost of living are driving are driving up the cost of living in Texas and Florida, which necessitates moving someplace cheaper again. Wash, rinse, repeat...
@mariusfacktor3597
@mariusfacktor3597 2 роки тому
An influx of people is not going to make things more expensive unless there is a shortage of housing. Which there is because of restrictive zoning. CA has some awful problems-- homelessness, high rent, traffic. The reason all these problems happened is because the rich homeowners in CA tried to exclude everybody else from their city (which is still happening). So they made it illegal to build more housing, and clearly that leads to a housing shortage. PLEASE do not make the same mistake in Texas.
@speakingofgreg
@speakingofgreg 2 роки тому
@@mariusfacktor3597 Sir you said everything I've been trying to say for a long time but I could never get it out. Other states must address their restrictive zoning laws If they wish to keep their costs of living down during mass migration.
@mariusfacktor3597
@mariusfacktor3597 2 роки тому
@@speakingofgreg Thank you! Yes you understand 100%
@speakingofgreg
@speakingofgreg 2 роки тому
@@mariusfacktor3597 As a Californian who is planning to leave one day because of the extremely high housing it gets very offensive when people from other states say that I should basically stay here and financially suffer so that their costs don't go up when one person with no kids or spouse(me) will not make or break their ability to afford their dwelling place. It all leads back to the same thing. RESTRCITIVE ZONING. They should be mad at their local government. And then they wonder why there aren't enough homes for everyone.
@JohnnyAmerique
@JohnnyAmerique 2 роки тому
That’s a feature of Corporate America’s “race to the bottom,” not a bug. They want cities to compete amongst each other as destinations for investment so they can reduce wages, working conditions, and worker and consumer protections to the absolute rock bottom.
@mack-uv6gn
@mack-uv6gn 2 роки тому
I have friends in Texas and Florida and they hope people stop coming there for various reasons. Cost of living is going up in both states I’ve been told.
@LTEAndroid
@LTEAndroid 2 роки тому
Orlando here and rents have gone up by up like 65% in some zip codes , it's insane !
@Striker50_
@Striker50_ 2 роки тому
That's what happens when you draw in big companies duh, it draws in more talent
@crimsonz425
@crimsonz425 2 роки тому
Got relatives in New York, And Florida. Friends In Texas and California. I live in AZ. Everything’s going up in all of these places
@mack-uv6gn
@mack-uv6gn 2 роки тому
@@Striker50_ talent? Maybe, but I was talking about living cost and conditions.
@Striker50_
@Striker50_ 2 роки тому
@@mack-uv6gn You think Joe Schmo is going to be working at HP or Oracle? No, they're people with advanced degrees that will bring bigger paychecks and outbid for properties close to work. That's more money for the local economy, etc. The lower income people were not going to provide anywhere near the level of production, so what really benefits the state?
@johnwang9914
@johnwang9914 Рік тому
Switzerland proved that by having taxes as regional as possible, competition keeps such taxation low as the cost of relocating businesses and residences are low. We're just seeing relocating businesses and residences augmented by telecommuting becoming an alternative to paying state and municipal taxes. Businesses are just not as tied by geography as they used to be or the taxes have just become high enough for them to undertake the cost of relocation.
@herrylaw3196
@herrylaw3196 Рік тому
Their population is 8 million
@goo1358
@goo1358 4 місяці тому
​@@herrylaw3196 the don't spend $1T on the military
@nollieheel214aim
@nollieheel214aim Рік тому
Honestly, I've lived in New York, Atlanta and Los Angeles and prices are going up everywhere! Especially in the smaller sun belt cities like Atlanta and Austin. Most people I know in the Bay and LA don't want tech companies here. In California that industry is very responsible for driving up rents and further expanding the housing crisis here due to gentrification especially in the Bay Area and Los Angeles. Maybe rent and housing prices will go down eventually. Good luck Austin! Soon enough you'll be paying 10 dollars for a coffee in too!
@bns434
@bns434 9 місяців тому
Man Austin is mad expensive . I rmbr when it was just a “small” city here in texas . Now it’s the most expensive city in the state without a doubt ! I can’t believe how much it’s changed in the last 20 years .
@themasterrogerdelgado
@themasterrogerdelgado 2 роки тому
Austin is NOT cheap to live. It might be cheaper than SF, but people are leaving Austin too because they cannot afford rent or property taxes.
@LordBagdanoff
@LordBagdanoff 2 роки тому
Where’s everyone going? 😂
@stacyjaye6350
@stacyjaye6350 2 роки тому
@@LordBagdanoff hey from Bartlesville, Oklahoma 🤠
@Yandel21ableify
@Yandel21ableify 2 роки тому
The Midwest has cheap rents
@johnbush3725
@johnbush3725 2 роки тому
Of course Austin is Not cheap to live in, but places near Austin aren’t expensive at all. And Texas is very business friendly!
@themasterrogerdelgado
@themasterrogerdelgado 2 роки тому
@@johnbush3725 Sometimes business friendly = worker unfriendly.
@davidorellana6278
@davidorellana6278 2 роки тому
As a Californian , taxes get misused , roads are bad , infrastructure is crumbling and housing is super expensive
@shane864
@shane864 2 роки тому
Please leave
@dsddala467
@dsddala467 2 роки тому
Ha ha. Move to another state where you have to pay a toll to use the freeway, and see how much better that is (not).
@davidorellana6278
@davidorellana6278 2 роки тому
@@dsddala467 we already have and are expanding our carpool lanes as tolls
@juanpabloochoa1470
@juanpabloochoa1470 2 роки тому
It is called the Democrats 🥴
@davidorellana6278
@davidorellana6278 2 роки тому
@@juanpabloochoa1470 it’s both parties remember we have both elected democrats and republicans here in office and have had republican governors
@pilar9247
@pilar9247 Рік тому
I have been to California, New York and Florida. I would never live in Florida, it's beautiful and fun to visit but I wouldn't want to live there. I used to live in New York and loved it. My sister is in California so I just visit. It is going to be interesting to watch these areas over the next 5-10 years
@adriennerobinson1180
@adriennerobinson1180 Рік тому
I hear you.
@GD-lu9zo
@GD-lu9zo 2 роки тому
I recently took a car trip across the US and was shocked by the number of California license plates I saw. The exodus from that state must be worse than what the media reports.
@mpls1982
@mpls1982 Рік тому
Other people takes trips too pal......
@curtissharris8914
@curtissharris8914 Рік тому
@@mpls1982 I do know a lot of CA peeps left.
@mpls1982
@mpls1982 Рік тому
@@curtissharris8914 I see lots of Texas plates in Minnesota. Now what.
@hailrossart1019
@hailrossart1019 Рік тому
There’s 40 million people living in California…
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Sad
@jaynyce5923
@jaynyce5923 2 роки тому
I live in Florida and it’s getting extremely unaffordable here.
@daquanmcdonald7104
@daquanmcdonald7104 2 роки тому
If you don't generate income you will get swollowed
@cjhdabears7186
@cjhdabears7186 2 роки тому
Its getting unaffordable every where in America I live in Chicago so so neighborhood. 1 bed room apt 1200 a month to rent. Thank the Liberal agenda and CRT for people leaving loon country 😳
@jaynyce5923
@jaynyce5923 2 роки тому
@@cjhdabears7186 That’s how much an apartment here in Orlando cost. A 1 bdr here in Orlando ranges from $1,200-$2000 a month smh 🤦🏽‍♂️ thats IF you don’t want to live in the ghetto and want an actual nice neighborhood
@Jude74
@Jude74 2 роки тому
Florida is red. How is Florida’s issues caused by liberals?
@ShakaCthulu
@ShakaCthulu Рік тому
@@jaynyce5923 how much is one in Crime Hills?
@stephaniesinternetlife
@stephaniesinternetlife 2 роки тому
That guy who said housing costs in Miami are cheap is wrong. Sure it’s cheap when you compare it to CA or NY but in Florida we don’t get paid like CA or NY 🤷🏽‍♀️
@fatimakabir8128
@fatimakabir8128 2 роки тому
And we Floridians,we don't pay high taxes as them. Oh Florida don't go blue.
@user-fb6hy2eh5y
@user-fb6hy2eh5y 2 роки тому
Florida rents will catch up to CA & NY. Pay, will not. That gap is exploitation
@micalcre8ts
@micalcre8ts 2 роки тому
Miami is cheap coming from LA, I’ll be moving there later this year working remotely keeping high salary loving there ..also will be able to keep more of my money since Fl has no state tax can’t wait 😛
@kev6030
@kev6030 2 роки тому
@@micalcre8ts Watch out. People have been saying that exact sentence since the 1990s (maybe even before). What happens is that high salary position has a corporate re-org or layoff in a few years and boom you're out of a job and need to find a position in Florida's intentionally suppressed low wage market. One of the key selling points Florida pitches to relocating corporations is "we have a cheap labor force". Just saying, I've seen it happen to MANY people so plan accordingly.
@micalcre8ts
@micalcre8ts 2 роки тому
@@kev6030 yes I heard that’s why folks in Miami complain about their salary to what they pay out for cost of living FL does have the top lower paying wages in the nation..good point
@calebcoffey7955
@calebcoffey7955 2 роки тому
Last year, I worked for a company that was based in NY, and now I work for a company that just moved from CA to TX. What I have found is that most people from CA or even NY are a lot like me, we all want the same things but the governments we live under want different things. My point is that the people aren’t the problem, the governments are
@mkngpauline
@mkngpauline Рік тому
You get the govt you voted for, what is there to complain?
@shellyyates8421
@shellyyates8421 Рік тому
@@dawnreynolds2991 That's not true - the electoral vote does not reflect the votes of the entire state. The northern half of CA excluding SF would rather break off and be it's own conservative state of Jefferson. Just not enough people or money to compete.
@cknorris3644
@cknorris3644 Рік тому
Not really. I live in Florida and most New Yorkers come here and just bash our Governor and overall politics. They want my state to be like the one they fled. They aren't smart enough to realize their views and votes are what destroyed their cities.
@calebcoffey7955
@calebcoffey7955 Рік тому
@@cknorris3644 I should’ve clarified that I was mostly talking about the working class, not rich people in New York who can afford to come down to Florida whenever they want
@corychin7090
@corychin7090 2 роки тому
I'm a fan of taxing these corporations. if you aren't willing to share your profits with your employees and instead do stock buy backs and massive senior level pay raises you deserve to pay high taxes. we need to completely cut tax loopholes federally and create a tax incentive system where you pay lower taxes if you pay your employees better or pay a larger portion of their benefits.
@raulsanches3619
@raulsanches3619 2 роки тому
Cory Chin you have so much to learn.... Please research your position; specifically on what corporations are, how taxes affect employees, what taxes are actually used for, and what a tax loophole is.
@eminescueliade4206
@eminescueliade4206 Рік тому
If you tax them harshly they will leave for other states or countries with lower taxes. Let them keep most of what they earn if they hire a lot of people.
@corychin7090
@corychin7090 Рік тому
@@eminescueliade4206 I doubt they would leave and I didn't say tax harsh but they don't pay any federal taxes and alot get tax rebates. They need to pay at least 30% to federal.
@leighcounry9956
@leighcounry9956 2 роки тому
Ironic, that all these companies that created the boom in California created the reasons for leaving California. Sure, Austin, TX looks good from a corporate financial bottom line perspective today, but so did California yesterday. Wait until all the companies moving to Austin, TX cause the same exact problems and reasons for leaving California today. When you create a booming, thriving economy it is natural evolution for high taxes, high housing costs, long commute times, rising grocery prices, rising restaurant prices, rising wages, rising car prices, rising gas prices, rising plumber prices, rising carpenter prices, etc. Over a hundred year history of USA economic development proves this.
@Farhankhan_the1
@Farhankhan_the1 2 роки тому
Someone gets it, thats why Chicago is the way it is. Also wait till dems turn TX and NC blue.
@seanthe100
@seanthe100 2 роки тому
What Texas has that California doesn't is flat land for miles and miles outward. Austin has the least amount of flat land, but there's still an abundance.
@Abel-Alvarez
@Abel-Alvarez 2 роки тому
@@seanthe100 At least Houston,Dallas,San Antonio, and even El paso has alot of space for housing which is always a good thing. Luckily the cost of materials (such as lumber) is getting cheaper.
@PraveenSriram
@PraveenSriram 2 роки тому
@@Farhankhan_the1 I live in Raleigh Durham, NC
@californiamade5608
@californiamade5608 2 роки тому
@@seanthe100 California has miles and miles of flat land in the Central Valley. Thats where Tesla has broken ground on their new factory.
@Jenstillwittheshits
@Jenstillwittheshits 2 роки тому
STOP MOVING TO FLORIDA!!! Affordable housing is getting torn down to build “luxury” housing for these transplants. It’s maddening to watch. Salaries are only increasing marginally and the fraud and scamming is only going to get worse here because living here is becoming impossible for anyone who isn’t making $5k a month.
@shedydee4962
@shedydee4962 2 роки тому
That is so true!
@NovaDoll
@NovaDoll 2 роки тому
That is what happens anywhere. It’s annoying. Companies will go anywhere they can get away doing little for workers but make more money. Soon these same companies will find a way to leave the US then what?
@Jenstillwittheshits
@Jenstillwittheshits 2 роки тому
@@NovaDoll I’m not a capitalist so it’s good riddance for me. I’m just patiently waiting for the system to implode in on itself because it’s unsustainable. When the poor have no food they will eat the rich. We still have too much food.
@Umm-mg3pb
@Umm-mg3pb 2 роки тому
@@Jenstillwittheshits EAT THE RICH BABY!
@commonsense6967
@commonsense6967 2 роки тому
@@NovaDoll FL did fine before the influx, it has a budget balance requirement in the state constitution. And its a freedom state.
@mixah5566
@mixah5566 2 роки тому
Living in Florida, people from all over are moving here and people are milking it all they got. Increasing rent, increasing everything. It’s starting to get really annoying because no one is stopping people price gauging the market. I think it has to do the with US government and their issues, but I have to live with my parents cause i can’t affordable 1 bed thats not 1400$ a month
@Sirach144
@Sirach144 Рік тому
Right. Jax, FL here. Housing has exploded and you think teachers for a raise to accommodate that?
@p9a9r21
@p9a9r21 Рік тому
Low cost of living???? Rents in Miami and Orlando are up over 38% . Typically housing is being repositioned for upper incomes at the expense of lower income households. The long term consequences is Florida will have to massively increase spending on social services, public education, infrastructure etc. But the economy depends on individuals who make less than $35,000 per year not rich retirees and tech companies.
@rees8594
@rees8594 2 роки тому
Florida is only good for people who already have money. That’s not new. Florida has always sucked for their working class. It’s only good as a tax shelter for the retired & financially established. If you need to actually work for a living, Florida isn’t the place for you & it’s only going to get worse as transplants from high income areas continue to run up the cost of living.
@msure3367
@msure3367 2 роки тому
All true.
@shedydee4962
@shedydee4962 2 роки тому
You are SO RIGHT!!!!!
@bobb9420
@bobb9420 2 роки тому
Im in the working class and I am thriving. My familys status improved during the pandemic and continues to improve despite the idiot in the white house attempts to destroy us. The only thing that will ruin Florida is if the left ever gets a majority like in California and New York. Then the state will go down the toilet like every other Blue state.
@huydangsince1989
@huydangsince1989 2 роки тому
when i have money i like to living in florida , i love weather down there
@TheSterlingArcher16
@TheSterlingArcher16 2 роки тому
That’s some BS. I know multiple middle class (>>$100k) people who have moved to Florida and do fine. It’s much more affordable than liberal bastions of NY or California.
@gatorhunter1
@gatorhunter1 2 роки тому
I fled my hometown of Miami in 1996 (26 years ago) and moved to the middle of the Midwest. I have lived comfortably off of $38,000 a year, for many years. I could never do that in Florida.
@Mathew.BM.MJ.
@Mathew.BM.MJ. 2 роки тому
Thats why its called midwest.
@CarriedDiamond
@CarriedDiamond 2 роки тому
Big ups, 47.
@exmerion
@exmerion 2 роки тому
Thinking of doing the same thing. The intense sun and rising costs of living are rapidly aging me.
@heartlesshorseman4202
@heartlesshorseman4202 2 роки тому
You could in Florida just not in Miami
@Joaquin77
@Joaquin77 2 роки тому
So you left because it was getting expensive, right? Ok Is the same thing, they fleeing California for the same reasons. And We Texans either adapt, take advantage or move somewhere more chilled.
@ShakaCthulu
@ShakaCthulu Рік тому
24:05 It’s really “incredible” if you’re wealthy, sir. If you’re working class or on a fixed income you’re seeing your standard of living decrease drastically or being gentrified out of the state you’ve lived in all your life altogether. The wealth gap here has gotten really bad.
@jimslancio
@jimslancio Рік тому
Before I retired, I was a Silicon Valley high-tech executive for 30 years. I planned to relocate and seek a lower cost of living. But after my wife's death, my property taxes EXPLODED!! I couldn't believe how much they went up. As much as I loved living in California, there was no choice but to get out.
@hotchicsf
@hotchicsf Рік тому
You should have been able to take advantage of Prop 13. What happened?
@hotchicsf
@hotchicsf Рік тому
@@curtissharris8914 People who don't understand how California's laws work are the ones who trash talk the most about California.
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Oh no I am sorry to hear this. My Heartfelt Condolences to You and your family.
@healthyone100
@healthyone100 Рік тому
i pay $325.00 a month for lot rent in a very nice retired trailer park here in upstate n.y. no way i can live this cheap anywhere else!
@brandonchristopher9657
@brandonchristopher9657 2 роки тому
Love how the majority of this video is solely about the rich and powerful and not the middle of the lower class getting screwed over in every single stage including Texas Florida Idaho etc etc
@tedzehnder961
@tedzehnder961 2 роки тому
Rich pay almost all the taxes. The rich also hire people. Litard politicos knees are shaking.
@brandonchristopher9657
@brandonchristopher9657 2 роки тому
@@tedzehnder961 by percentage it's far less and they don't take income to avoid paying that tax They take capital gains from their stocks which they buy back with the tax cuts that they get. You don't know what you're talking about You're a child or a robot
@TheDonna1959
@TheDonna1959 Рік тому
Very true! This video needs to address the middle class, lower income, & hard working struggling families/individuals!
@acarroll1714
@acarroll1714 2 роки тому
At this point I need to know where rich people are NOT migrating to.
@tic8259
@tic8259 2 роки тому
Right?! I'm trying to find out so I can avoid those places 😅
@savageguysi8456
@savageguysi8456 2 роки тому
Oklahoma, Mississippi, Alabama
@a.a.9457
@a.a.9457 2 роки тому
Louisiana, West Virginia, Arkansas, Alaska
@cameronpatrick8489
@cameronpatrick8489 2 роки тому
Michigan
@tedzehnder961
@tedzehnder961 2 роки тому
@@tic8259 You are so right.HAHA your joking right?
@foreLeftFCH3
@foreLeftFCH3 2 роки тому
This has not effected the housing cost in California at all so far. 3 houses on my street in San Diego sold for $125,000 over asking, this week.
@pillinherbut
@pillinherbut 2 роки тому
I my self worked for a construction company and houses were being sold as the new homes were being made
@johnnylego807
@johnnylego807 Рік тому
That’s because black rock is buying them up and turning you all into permanent renters.
@TyraHigh
@TyraHigh Рік тому
As soon as Texas is in drought, polluted, crowded with poor air quality those taxes and costs will increase too.
@murdelabop
@murdelabop 2 роки тому
I live in the Tampa Bay area of Florida. Our housing prices, and cost of living have gone stratospheric. Fortunately, we bought our house back in 2012 when it was cheap. A few years ago the house next to mine was bought by a couple from California for a price no Floridians would have considered in their wildest, wettest dreams. Then two years later a couple from Massachusetts bought the place for a big chunk more than that. It's insane, it's unsustainable, and sooner or later it will crash.
@LynxStarAuto
@LynxStarAuto 2 роки тому
I can do you better. I'm from Miami. I purchased my *townhouse* in 2014 and paid 140k. Today? It's valued at *half a million* 🤯 I still can't believe it when I say it. For a 3/2 townhouse.
@RobertMJohnson
@RobertMJohnson 2 роки тому
of course it's sustainable. the population of the US is growing, people are living longer, and we have limited space for desirable housing. you actually think the prices will COME DOWN?
@murdelabop
@murdelabop 2 роки тому
@@RobertMJohnson The only way it would be sustainable would be if incomes kept pace with rents. They haven't. Real income has been stagnant for 40 years and rents have increased at 2-3 times the rate of incomes. Something's got to give or sooner or later rich rentiers will face pitchforks, figurative or literal.
@cobrajeff96
@cobrajeff96 2 роки тому
@@RobertMJohnson prices are going up and yet individual purchasing power is going down. This is sustainable?
@gregkoliaga5198
@gregkoliaga5198 2 роки тому
@@RobertMJohnson it happened in 2008
@KanashimiTenshi
@KanashimiTenshi 2 роки тому
The dream of owning a home and having a family are dead. Most people I know in their mid to late 20s can't afford to live away from their parents.
@th3azscorpio
@th3azscorpio 2 роки тому
Tell me about it. I greatly sympathize, and it's heartbreaking as well. At least they're trying. Hopefully they can find some solace in that.
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Very Sad
@dee8135
@dee8135 Рік тому
It is possible . You just have to be willing to live in a place where no one wants to live in with a low col.
@samnews76
@samnews76 Рік тому
Because of the booming TV and film business - and the tech industry, I'm so afraid that Atlanta is becoming a hybrid of LA and San Francisco. Thousands in the film business in California have moved to metro Atlanta and Georgia. Microsoft is building an east coast campus here. Facebook and Google are expanding here. The e-truck company Rivian is building a plant in Metro Atlanta. There is a shortage of affordable housing and rental units. The talk from Gen Xers and boomers is about leaving the country all together. Oh, did I mentioned crime is up also? Our elected officials in Georgia need to learn from the mistakes of California and New York.
@user-fm6wd8xy2o
@user-fm6wd8xy2o 7 місяців тому
And what are those mistakes? The NYC and CA economies became overheated such that there were so many people making good money, housing prices skyrocketed, not enough new housing was built, traffic became very congested, and so lots of people decide to cash-out and move elsewhere. So now Atlanta is getting a taste of the same. It is quite unlike the Dust Bowl migration of the 1930s, when people were truly desperate. The big problem is that California is too generous and became a magnet for homeless people.
@chilldude30
@chilldude30 2 роки тому
Watching from abroad (Britain) and it's very interesting. America is very impressive. I really do respect it a lot. The federal system is cool but it seems watching this it really does allow corporations massive power as the use their control of economy to make states fight over them to lower employment standards and increase corporate freedom. We have a similar phenomenon in the European Union in which at least in theory there is an entirely free and competitive market between states like the US. It has been known to cause what's called a 'race to the bottom' as states are incentivised to lower laboir conditions and corporate tax etc in order to attract the corporations who end up holding all the cards as they gain more and more ownerships of the economies of the states
@azishappy2035
@azishappy2035 Рік тому
Thank you for making this valid point. Overall, I feel fortunate to be living in California. But as retirement nears, I'm seriously thinking of relocating out of the US; too many angry souls with no critical thinking skills (maybe I'm spending too much time in the comment sections🥴). The fact that corporations donate billions to politicians means the politicians are beholding to the corporations first, not their constituents. This impacts the physical and emotional health of those of us living in the states (low federal standards for food ingredients, lack of mental health services, etc.). And why are housing prices increasing? Most want to target Californians for their woes. Who sets the price when selling a home? Their neighbors do. Greed from top to bottom😔 Thank you again and much respect.
@azalex91
@azalex91 2 роки тому
Also those who have been moving to “cheaper states” are just in the beginning of CA’s growth and will see cost of living grow like crazy. I see it in phoenix. Houses are absurd and traffic horrible in the past two years
@MrJamespeyton
@MrJamespeyton 2 роки тому
California’s insane policies and taxes are what is driving people and corporations out of the state. When Democrats achieved a stranglehold on political power, the insane policies and taxation began. Coincidence??? I don’t think so.
@RetrocadePodcast
@RetrocadePodcast 2 роки тому
That’s the case with nearly ever state. Any relatively desirable area has boomed tremendously due to housing demand and low interest rates. Hedge funds buying 1 in 7 homes sold last year has also fueled the supply crunch.
@1Gibson
@1Gibson 2 роки тому
Yup... I want my state back....Az!
@JJ-iq5cv
@JJ-iq5cv 2 роки тому
@@MrJamespeyton Said the guy who doesn't make enough to live in California
@joysun364
@joysun364 2 роки тому
I am in Phoenix and I see the same thing. However I remember the house price and inflation was totally OK and even going down in 2018_2019 time frame, I mean, I do think recent craziness now is more related to the inflation and the FED covid policy. I only guessing.
@yvettedean92
@yvettedean92 2 роки тому
I grew up in California, we made it by living with many family members in one household. When it was time to go to college I chose a ‘safe’ career instead of my passion which is design, to pay the bills/mortgage. Two hour commutes each way aka 4 hours. We left California and now have a better quality of life.
@ashutoshyadav7385
@ashutoshyadav7385 Рік тому
You are still in college or started working ?
@johnnylego807
@johnnylego807 Рік тому
well i can only hope you left the bad politics that got that state there in the first place, back in california.
@Diggi1027
@Diggi1027 9 місяців тому
@@johnnylego807 This whole country has bad politics. Arizona is going down the drain and it isn't even close to what California is. And homelessness is going up at alarming rates in Arizona. And the crappy zoning laws and building codes do not help one bit here.
@2morrow789
@2morrow789 Рік тому
Companies are always willing to move where they can get away with paying slave wages. Florida salaries have always been extremely low, but their cost of living keeps going up, let’s see how long they will get away with pay low salaries.
@catnipkitty
@catnipkitty Рік тому
This channels documentaries are amazing! How did I not know about this?
@Max-nt7ho
@Max-nt7ho 2 роки тому
I’m 11 mins into watching this video, I have not heard any CA officials or academias mentioned the high crime rate & so many homeless ppl living on the streets as other big incentives for ppl to move out of CA. In my last visit to San Francisco, I personally witnessed an afternoon robbery in Walgreen & homeless ppl living around my hotel. I feel that I won’t visit SF again.
@4bnfree
@4bnfree 2 роки тому
Just wait until they finally pass Calcare and put everyone regardless of status on their state run healthcare. You think Cali is flooded with homeless, poor and undocumented, Cali wil be overrun and they can only tax the rich si much, the rest will fall on the middle class to carry the burden. It did not pass this year but eventually it will, hopefully I will be out of California by then.
@PineIslandSeeds
@PineIslandSeeds 2 роки тому
I was there in the 70s. It was a beautiful town. Now it's a dumpster fire. They can keep the whole western coast.
@JohnnyAmerique
@JohnnyAmerique 2 роки тому
In point of fact, 8 out of the 10 cities with the highest crime rates are in “red” states. Only one - Stockton - is in California, and it’s 10th out of 10.
@JohnnyAmerique
@JohnnyAmerique 2 роки тому
Also, if you would be so kind as to post a link to some local media reports about the armed robbery at Walgreen (sic) you supposedly witnessed. Armed robbery is a very serious and rather rare crime, so you would undoubtedly be called as a witness to testify in court if indeed you’re being truthful about this incident, which would also undoubtedly form a powerful memory vis-a-vis precise date, time, other witnesses, suspects accused, etc. Far more likely that you didn’t witness anything of the sort and are just regurgitating what you’ve heard on Fox News, but please do go ahead and prove me wrong with court records.
@garyw7453
@garyw7453 2 роки тому
Crime and poverty is the dark side of capitalism's (exploitive) "success".....
@lizhoward9754
@lizhoward9754 2 роки тому
If California’s taxes are so high, why then do all the rich people still live there? Same goes for NYC. The wealthiest people in the country live in California, New York City and Washington state. To hear the conservatives say it, you want to keep taxes low so rich people won’t leave. That doesn’t seem to be the case in this country. If that were true, why not go to Mississippi, Arkansas or West Virginia? Got plenty of “freedom” and low taxes in those states. As for people leaving NYC, I have been hearing that every year since as far back as I can remember (and I am 65 years old). NYC is still flooded with people.
@Farhankhan_the1
@Farhankhan_the1 2 роки тому
New York State pop. might have fallen but NYC is growing.
@wilson95w75
@wilson95w75 2 роки тому
@@Farhankhan_the1 Completely right, the availability of rentals in new york city is at a lower point now than it has been in decades. And rental prices are higher now than they were pre-pandemic. If people were leaving in the numbers they claim, this would not be the case.
@JohnnyAmerique
@JohnnyAmerique 2 роки тому
Right wingers complain about the taxes to advance an ideological agenda, of course. But there are plenty of “red” states that have high taxes too (I live in one). The real issue in NY, CA, et al. isn’t so much the cost of taxes, but the cost of everything else, which results from the enormous economic rents that landlords (in the broadest sense of the term) extract from the populace.
@dukewellington7050
@dukewellington7050 2 роки тому
Rich people pay capital gains taxes... Which are 15%. And most of the time they can afford accountants and tax lawyers to help shield most of their income from taxes. That's why they don't mind high tax states.
@dukewellington7050
@dukewellington7050 2 роки тому
@@Farhankhan_the1 no its not. Luis Rossman has debunked that claim multiple times. Rents are going up because there are less people will ing to pay those rents. The commercial real estate companies can't lower rents because doing so would decrease the value of their assets and could lead to them defaulting with their banks. Thus, they are now raising rent on those who have stayed in an attempt to cover the loss in overall occupancy.
@fern8580
@fern8580 2 роки тому
❤video surveillance everywhere, policeman everywhere, taxes, municipal bureaucracy, pollution, noise... the "smart" city has become hell.
@ravisriram6746
@ravisriram6746 Рік тому
I actually thought about leaving New York for a number of years, but looking at the skyrocketing cost of living in other states, among other factors, has made me realize that this isn't such a bad place after all. I have a spacious, comfortable house in a lovely neighborhood and the daily commute to my job in lower Manhattan is relatively quick via rail and subway. Crime is also not just simply confined to New York, as a number of people would have us believe: states such as Alaska, Texas, Idaho, New Mexico, Tennessee, Nevada, Missouri, Oklahoma, Colorado, Louisiana and South Carolina, just to name a few and not in that order, were ranked as having high crime rates compared to New York, despite the bleak picture painted by the recent surge might be suggesting.
@DTMyles
@DTMyles Рік тому
I love New York. It is expensive living here, but we have so much to offer. The entire northeast is a global powerhouse.
@KB-ke3fi
@KB-ke3fi Рік тому
Your source is wrong. Must have been MSNBC
@KB-ke3fi
@KB-ke3fi Рік тому
@@DTMyles Not without oil and gas it's not.
@DTMyles
@DTMyles Рік тому
@@KB-ke3fi We don't need oil and gas, dummy. We have everything else in the northeast. We are where the majority of the wealth reside.
@bryanbrett8943
@bryanbrett8943 Рік тому
I've been to NYC there is not enough money you could pay me to live there! There is absolutely nothing it has to offer anyone. Unless you like to live in constant fear of criminals and police. Not to mention you have to make way more money to live there. Nope....never !
@user-mr8yl2fg9k
@user-mr8yl2fg9k 2 роки тому
Long story short it’s cheaper for the executives because they don’t have to pay as much in taxes and are allowed to have workers in poorer conditions and lower pay because regulations aren’t as tight in other states like they are in California. Basically the same people that raised the cost of everything in Cali are now the ones complaining about it.
@mac1bc
@mac1bc 2 роки тому
Bingo. They thought these business owners didn't have any other choice except for put up with the increasing taxes and regulations.
@MackMarquette
@MackMarquette 2 роки тому
Exactly. "Anti business". No, pro worker. What do they think will happen in Texas when all the tech workers, and adjacent fields they bring with them, continue to flock there. Get ready for a blue Texas, and more whining.
@pmscalisi
@pmscalisi 2 роки тому
It is bad that you can live just as well in other states for 50% of the income it takes to live in California.
@tommyriam8320
@tommyriam8320 2 роки тому
Plain and simple, socialist tyrants have destroyed this nation.
@tommyriam8320
@tommyriam8320 2 роки тому
@RN G An imbecile declares: "Unfortunately, the internet has a short memory." 'Unfortunately', _you_ haven't a clue *what* 'the internet' is. The Internet is a vast network that connects computers all over the world facilitating communication. It's memory is virtually limitless.
@colombiantom
@colombiantom 2 роки тому
I want to see how this story goes now that mandates and companies require people to come back to the office and how rents are skyrocketing in those cheap states.
@JD-zh1el
@JD-zh1el 2 роки тому
Exactly...reverse remote work is happening...
@bm.3759
@bm.3759 2 роки тому
just wait 30 more years
@JD-zh1el
@JD-zh1el 2 роки тому
@@bm.3759 uh?
@KOVIDGOON
@KOVIDGOON 2 роки тому
That's FALSE
@KOVIDGOON
@KOVIDGOON 2 роки тому
There is no evidence to support any of what u said.
@Clatham92
@Clatham92 Рік тому
Really enjoy these stories. Keep up the good work CNBC.
@daynakennedy
@daynakennedy Рік тому
Very informative. Presented in an unbiased format. I love California too. However, we have to make the tax issues more aware to our state legislators.
@protectork9831
@protectork9831 7 місяців тому
If you are democrat than you deserve this . High crime , rapes , burglaries assaults . No sympathy. Keep voting for prop 47 and 57 while neutering responsible citizens from protecting themselves
@jaredflurry937
@jaredflurry937 2 роки тому
Dude just said Miami housing was cheap. I lived a 45 minute train ride outside NYC for years; the (large) houses in our neighborhood cost a quarter what they would in Miami. Closer suburbs cost about the same. Comparing apples to apples, you’ll get more bang for your buck renting an apartment in Miami (space, pool, gym) than an apartment in NYC…but I don’t think young families are moving to Florida to raise their kids in an apartment. I lived in Miami, too. You’re not gonna find a nice house in a nice neighborhood for less than $1M. More like $2M to $3M for neighborhoods that are actually nice to take a walk in...most Miami neighborhoods often feel Central American and, so, really utilitarian. You’ll need two cars, of course, because the nice neighborhoods aren’t close to the metro line. So add at least $20k to your budget. Traffic is often as bad as NYC so add 30 minutes to every leg of every trip.
@DrewRueDoo
@DrewRueDoo 2 роки тому
RIGHT. It's not cheap, at all. People don't get paid very well either to make up for the high cost of living.
@shedydee4962
@shedydee4962 2 роки тому
Actually there are a few nice neighborhoods on Central Miami: Biscayne Park, Miami Shores, El portal, Morning side,
@jaredflurry937
@jaredflurry937 2 роки тому
@@shedydee4962 thanks for the recommendations; the neighborhoods do look nice. They’re a bit further north than I’d imagine living, but your point is well taken.
@justinhenryrebel
@justinhenryrebel 2 роки тому
I lived in nyc & jersey and currently live downtown Miami and can vouch for this. You do get way more for renting(like my 2/2 apartment and amenities is far less than nyc..but you definitely need to pay 900k/1m for a decent home here in like coconut grove, south Miami etc
@justinhenryrebel
@justinhenryrebel 2 роки тому
@@jaredflurry937 coconut grove and coral gables a good neighborhoods. The peacocks and roosters are nice too
@cadmium7690
@cadmium7690 2 роки тому
The reality is that the rich don't pay that much in taxes. They consistently find loopholes to pay much lower rates and hire the people that find ways around what the general public pays - this is well researched and established. As Leona Helmsley put it 'only little people pay taxes"!
@adriennerobinson1180
@adriennerobinson1180 Рік тому
It's disgusting and dead wrong and needs to stop now.The rich need to pay their taxes. Ugh
@SkylarStullerSilverstar
@SkylarStullerSilverstar Рік тому
Yes!
@aidangattinger8975
@aidangattinger8975 Рік тому
ditch the income tax, slightly increase the sales tax and you remove all tax loopholes.
@firefalcoln
@firefalcoln Рік тому
It’s true and frustrating as a poor or middle class person that the super rich don’t pay taxes at as high of a rate as poorer people. However, this is a global issue and phenomenon. Yes even in Nordic countries the super rich commonly find ways to pay a lower percentage of income taxes than their lower and middle class counterparts. And it likely has to do with 2 things. 1) Part of the result of becoming rich through business is being willing to take huge risks. So we structure things to motivate people to take the risk of leading a business by not having to be taxed as much. If the business is successful, all of the people they hire and the products or services can be taxed at a decent rate. Also, 2) the more money someone makes, the greater incentive and resources that person has to save every percentage possible by using tricks. Many tricks aren’t even something that the United States alone can fix but require international laws and regulation. And those in particular are really difficult to pass. We can and should do more to address some issues. But in some ways it’s a losing battle to focus so much on the percentage of taxes paid for the income of the super wealthy. It might make more sense to tax expensive homes or luxury cars or expensive art or renovation projects or gold or inherited wealth. There could be a premium tax for buying a large quantity of resources which increases someone’s carbon footprint. Especially if it isn’t even for business. It’s not as if really wealthy people make most of their money from their paycheck. Usually the vast majority of their wealth is in the form of stocks or assets.
@mathewvanostin7118
@mathewvanostin7118 Рік тому
You guys seem to forget rich people can leave your state/country 😆 You need to have rich people in the community. They create jobs/buisnesses. And are big consumer of services Treating rich people like some ennemy you need to punish or go after. Is very counter productive Did all the very rich people who left california did any good to that state? Now its harder to find a job and good paying job in california. Cause the rich people prefer to build their buisnesses in another state or another country
@yavuzkestane9952
@yavuzkestane9952 Рік тому
As a Turkish, I must say that the video was great prepared and well documented. I have always wondered what living in California looks like.
@jazzy_jay_4196
@jazzy_jay_4196 Рік тому
I thought it was crazy that my neighbor, in Florida, sold their house for $736,000 and bought it for the mid 200's less than 5 years ago. The people that moved in were from out of state.
@johnnylego807
@johnnylego807 Рік тому
Sounds about right.
@theodorefrazier-kd5je
@theodorefrazier-kd5je Рік тому
It's crazy. My parents bought a short sale house in FL 11 years ago for $150k. Now it's worth $450k or so.
@richardmossy5540
@richardmossy5540 2 роки тому
I'm from Florida, but I left in 2016... it is quickly becoming the rich mans paradise, but it was never cheap to begin with. It was the cheaper of California and New York, however, Florida was always expensive.
@brianhalps
@brianhalps 2 роки тому
WTF are you talking about. Florida isnt as expensive as California. And in 2016 Florida costs half what California costs. You are off base.
@richardmossy5540
@richardmossy5540 2 роки тому
@@brianhalps Psh, it was too expensive back then, especially for what it was. You were not even in FL in 2016 & yes Florida just as expensive as Cali. Go away troll. You don't even live in Florida.
@brianhalps
@brianhalps 2 роки тому
​@@richardmossy5540 I lived in Miami Florida all my life except for four years when I lived in NYC. NYC was double the expense of Miami, the cost of housing nearly triple. I'm not trolling you dude. I have an MSIRE from FIU, so this is the kind of thing I study religiously. You left Florida before one of the largest price appreciations any state has ever experienced ever. It might be a bubble, but it happened. I've lived in Florida since I was born in the 80's lol. You could buy a modest house in Coral Gables in 2016 for 400k to 500k... mind you that's the nicest part of the city, the Beverly Hills of Miami. Now its double that, quadruple that if its a house on the water or on a canal. I know because 2016 is when I bought my house in Coral Gables. BTW prices did trickle down for a second after IRMA and interest rates rising, but whatever, just ignore facts. In Opa Locka/Miami Gardens, and areas like that, you could buy a house for 125k in 2016, 75k in 2013, and now 250k. Don't tell me it wasn't affordable, that's not me trolling you. Inflation is inflating the prices everywhere! Rent is still going up in CA and NY even though they are losing people. They are losing value, giving you less, and charging people more for that privilege.
@GG-tf1tc
@GG-tf1tc 2 роки тому
@@brianhalps I live in Coconut Grove and I approve this 100%.
@richardmossy5540
@richardmossy5540 2 роки тому
@@brianhalps I'm not from South Florida & stop giving yourself thumbs up. My part of Florida was never cheap and never had jobs. And still doesn't & is still expensive.
@merrywalsh2809
@merrywalsh2809 2 роки тому
The influx of people moving to Texas will raise housing prices and other cost of living indices, so that over time Texas becomes the next California. At that point, the flow of businesses will go elsewhere. Texas will boom, just as California did, and have all the same issues.
@californiamade5608
@californiamade5608 2 роки тому
Yup. Rinse, wash, repeat.
@TXFRWYGYPSY
@TXFRWYGYPSY 2 роки тому
Exactly. It’s already happening. Houses that where 200k now 500k and they’re nothing special
@corey2232
@corey2232 2 роки тому
The biggest problem with Texas is the refusal to raise wages to keep up with ANYTHING. 15 years ago my employer was paying $10 an hour which was AMAZING for Texas at the time when most jobs were paying $7.25. Now in 2022, they're still starting people off at $10 an hour... Too bad inflation, housing & cost of living has skyrocketed, so now that $10 is worth even less than $7.25 minimum wage 15 years ago...
@danteward284
@danteward284 2 роки тому
Texas will become the next California with their tornadoes, winter freezes, and hurricanes.
@laqueatabrown9916
@laqueatabrown9916 2 роки тому
@@corey2232 if you are a regular worker from CA to TX or anywhere in the south you will take a pay cut.
@RRose-vw1ex
@RRose-vw1ex 2 роки тому
I'm in Austin. People from California might be able to afford nice here, those that have been here the whole time, paid the "Texas salaries" companies want, they can afford what we cannot. Even companies that are paying higher than others are still not giving the perks they give to others. Texans get excited because it's better than we've had but that doesn't make it better across the board. Wait for a bit. All those moving will find that same problem will follow them eventually. Cost will always go up when demand outweighs supply (housing available). There's apartments downtown that are less than 500sq ft that go for over $2K.
@crismcdonough2804
@crismcdonough2804 Рік тому
My sister works with a man who recently moved from FL to PA. Reason: can't get homeowners in FL. Farmers said too much risk in one area
@Crabcakes180
@Crabcakes180 2 роки тому
I live in Florida and this mass emigration from different states is beyond annoying. For people like me just moving out the rise in the cost of living is hitting extremely hard with the rise of rent and utilities. It sucks.
@bigradwolf5001
@bigradwolf5001 10 місяців тому
You have reading skill issue. The topic if From said States To other States. Not the other way around.
@NazriB
@NazriB 8 місяців тому
Lies again? After Dark X Green Pink
@belugabath
@belugabath 4 місяці тому
I am with you
@UlanKG
@UlanKG 3 місяці тому
Emigration? Haha
@rubidot
@rubidot 2 роки тому
As long as people conflate the price of property with the value of property, we will continue to have policies that prevent the construction of enough housing to reduce the desperation that continues to inflate home prices.
@jaysmith1408
@jaysmith1408 2 роки тому
Problem is the wildly inefficient and low quality developments. Instead of proper planning of efficient, higher density, short distanced cities, we’re getting Southern California, Phoenix, Denver, cities upon cities, developments upon developments, highway upon highway, the pointe at this, the commons at that. What makes the prices so high, they’ll only sell for what someone will pay. These Ryan homes going for “starting at the mid $200,000’s” that are only worth less than half of that. How is it that they have to be concerned with people making less than $100,000 per year. Most people make well under that. If you make more, good for you. The smart wealthy person doesn’t spend most of what they make, that’s how they remain wealthy. I could make $300,000 per year, there’s no reason I ought to be out half that for housing.
@rubidot
@rubidot 2 роки тому
@@jaysmith1408 I also wanted to bring that up but didn't want my comment to get too long and complicated.
@mariecameau097
@mariecameau097 2 роки тому
I waiting for Elon musk house 🏡$15000.00 box all
@dwayne_
@dwayne_ 2 роки тому
What's the difference between the price of property and the value of property?
@rubidot
@rubidot 2 роки тому
@@dwayne_ the price of property is the amount of money exchanged when buying/selling it. The value includes the quality of life it provides for the people living there and the community around it.
@Redroem
@Redroem Рік тому
One of things that I have always wondered, why aren’t those states creating big innovative companies? Why do they need to lure big tech to their states?
@dokkaebi757
@dokkaebi757 8 місяців тому
I wonder if it’s funding or something related to that.
@user-fm6wd8xy2o
@user-fm6wd8xy2o 7 місяців тому
States don't create innovative companies. Innovative people do, and California continues to attract a lot of young, innovative people from mostly Asian countries, which is why the loss of several companies attracted by Texas' tax incentives is not hurting California much. In fact, a lot of Californians are pleased that the state has achieved a level of stability instead of the runaway growth (and escalating costs) that had been occurring. Watch as cities like Austin, Phoenix, Tampa, etc. see their infrastructure stretched to the limits because of all the growth, and their quality of life is in decline because of this. States lure tech companies because they tend to offer lots of high-paying, low-polluting jobs which will bolster the tax base and create "good growth". What I've noticed in Texas is that the roads cannot keep-up with the rapidly growing population, cities have to expand outward onto land that used to be green, and a lot of formerly free roads/highways are becoming toll roads. Things are bigger, but not better. As for Elon Muck...adios MFer!
@margalacabe6338
@margalacabe6338 Рік тому
As a Californian, I couldn't be happier that business and people are leaving. It makes no sense whatsoever to concentrate all the jobs in one state, making commutes longer and driving the cost of living for all. Best to spread them around the country. Clearly, as a state we are not hurting by companies and people leaving - though I wish they would use the extra tax money for education or social programs instead of sending us a $1K rebate check. Indeed, the only way our housing prices will go down is if more people leave.
@Andyhoffman98
@Andyhoffman98 9 місяців тому
Good take
@cyclonejunior
@cyclonejunior 2 роки тому
I grew up in California. Recently we got a job in Oceanside and looking for a rental unit is incredibly frustrating. We ended up getting a $1,350 studio and were lucky to get that. I have no idea how the average worker is making it in Cali
@Jesseg-rj6xf
@Jesseg-rj6xf 2 роки тому
That’s a 3 bed, 2 bath in Texas
@marriejames01
@marriejames01 2 роки тому
You’re a fool paying that for a studio!
@shane864
@shane864 2 роки тому
Any amount of money is worth not having to live in the toilets called Texas and Florida.
@sobeliever1638
@sobeliever1638 2 роки тому
@@Jesseg-rj6xf texas is even more of a natural disaster waiting to happen than California
@cyclonejunior
@cyclonejunior 2 роки тому
@@Jesseg-rj6xf Thats awesome. Enjoy it while it lasts. Californians are going to drive up Texas's costs
@genevievebeauchamp9018
@genevievebeauchamp9018 2 роки тому
I don't see this as being an issue: spreading the wealth in the country is actually healthier for the market and people. Less pressure on California's real estate market will help.
@kayne94
@kayne94 2 роки тому
Until tax revenue drops, and they’re not able to spend the ways they promised/planned to
@stachowi
@stachowi 2 роки тому
@@kayne94 they’ll just raise the taxes on the idiots left
@johnbush3725
@johnbush3725 2 роки тому
Nope! Spreading the wealth is bad, you should get to keep the money you earn! And they still cannot fix many problems despite high taxes
@manp1039
@manp1039 2 роки тому
@@johnbush3725 that is not what they mean. they are saying people making high paying jobs moving to locations with lower paying jobs. it adds gdp to the states they are moving to
@enhancedsimplicity9708
@enhancedsimplicity9708 2 роки тому
@Joscha Wexler 🤣😂🤣😂
@thealeons3179
@thealeons3179 Рік тому
In Michigan we have beaches on the Great Lakes. We have 2 world famous colleges. We have an industrial complex that started the Auto industry. We have almost no natural disasters other than a rare tornado. We have an endless supply of freshwater. We have no dangerous wild animals. Our cost of living is medium-low. But thank the Lord we have snow. It never stops snowing in Michigan. You don't want to come here. It's so cold it's always cold it's a horrible place to live LMAO
@renehinojosa1962
@renehinojosa1962 2 роки тому
Seriously, these tech companies motives to move to Texas stemmed from their desire not to pay their fair share of taxes and the other to control their workers without legal recourse. Texas is an at-will state which means these companies can fire and replace you without almost no judicial impunity. Texas is also not very union friendly, something that Elon Musk is very happy about. Exploit the workers, exercise all the racist policies that he was cited for in California, without too much legal recourse. As it stands, the wages in Austin aren't keeping up with the economic times, similar conditions to California. So, moving over here is going to be a struggle to get workers. Moreover, these companies came over here for the tax cuts and the welfare the state gives them, all funded by the taxpayers. They don't really have much to lose if they fold up because the taxpayers will absorb the losses.
@richarda996
@richarda996 Рік тому
Your mental outlook needs to stay in California. We like our state as it is.
@TockaMea
@TockaMea 2 роки тому
If people move to a new area just because it's cheap, it won't be cheap for too long. There must be other reasons to justify moving (climate, access to natural resources, proximity to borders) and nothing beats California
@Mrbfgray
@Mrbfgray 2 роки тому
Unfortunately 40 yrs of excessive Left policies have substantially degraded the state. I'm entrenched and can't stand flatlands, love the High Sierra backcountry, climate, natural landscape, otherwise would probably be packing too.
@brodiapunch
@brodiapunch 2 роки тому
@@Mrbfgray Floridian here. Rent has doubled since I moved here 10 years ago and we've had nothing but Republicans. Houses keep going up too. Which Right policies will help the average Floridian during these tough times?
@Mrbfgray
@Mrbfgray 2 роки тому
@@brodiapunch FL is a 'free state', so naturally everyone is fleeing the Commies and driving up prices there, TX, etc.. Plus the reckless shutdown disaster will still be paid for by your grandchildren. Did you expect no consequences for insane political policies? Maybe you'd prefer NYC, Los Angeles or Frisco progressive disaster areas? Realize that being anti-leftist does not mean being Republican, it's not a binary world.
@statusquoreject
@statusquoreject 2 роки тому
@@brodiapunch I've lived in Commiefornia for 42 years now and if you don't get why Florida and it's politics are better, then you don't understand economics. I'd happily trade you my place in CA, for your place in Florida. You can enjoy the high libtard taxes, the crime, the homeless people, the illegal immigrants, the fires, the water shortage, the riots, the lockdowns, the high real estate, the collapsing energy grid, and the state corruption that is Commiefornia.
@bobb9420
@bobb9420 2 роки тому
@@brodiapunch People that think like you are exactly the problem with New York and California. We dont want or need the government to control rent or home prices. And unlike California and New York we dont have a government that thinks over regulation and over taxation is ok.
@LuisA-rw3ul
@LuisA-rw3ul 2 роки тому
I live in west palm Florida and we just recently hit a market value of 306 billion which all was caused by the amount of new people moving in everything at the moment is through the roof which is crazy considering before covid everything was reasonable but now it seems like a joke
@melaniecotterell8263
@melaniecotterell8263 2 роки тому
Do you know cracker TC aka Reds? Big Nascar fan bald left handed? Some people be looking for him.
@DanielRuiz-oo1ix
@DanielRuiz-oo1ix Рік тому
As a native Californian let me say this: Please don’t come here! We don’t want visitors, we don’t want conservatives, we don’t want anyone here that doesn’t want to be here. If you’re thinking about moving here, DON’T. If you live here and don’t want to be here, LEAVE! We can do without the extra traffic. Much love, thank you!
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Some people are leaving other states to go to California.
@RonZe-qj2qx
@RonZe-qj2qx 9 місяців тому
There was a discover card advertisement while I was watching this , saying you are never responsible for unauthorized use,. Absolutely BS . Someone charged my card 2000$ a month for 2 years for groceries and when I found out. I called them and they just hang up on me. I was paying for insurance as well on this for same company. They cut it asap I called and denied. Tell all your family and friends.
@yourhollywooddream
@yourhollywooddream 2 роки тому
I think it’s great if people are happy moving out of California. I’ve lived all over the country and still prefer California. Everyone is different.
@matt75hooper
@matt75hooper 2 роки тому
Are you married ? Have any kids ? No. Get back to us in 10 years when you've hit the wall and your best pal is a cat.
@everydaybalance
@everydaybalance 2 роки тому
@@matt75hooper wow, why so bitter?
@football0918
@football0918 2 роки тому
@@matt75hooper You must know a thing or two about hitting the wall and having your best pal being a cat.
@raymelendez6525
@raymelendez6525 Рік тому
California is a paradise the beaches the mountains everything is gorgeous
@johnnylego807
@johnnylego807 Рік тому
@@raymelendez6525t’s a paradise all right, i love waking up to the smell of Poop from vagrants using the public sidewalk as a latrine. outside of my apartment window as i drink my coffee and stepping on 4 heroin needles as i walk my daily commute, then get attacked by several homeless junkies that are high out of there mind. Wonderful place.
@JASON-ug6iz
@JASON-ug6iz 2 роки тому
We need to let California & NYC just continue on their path. If the wealthy people living their don't mind the high taxes then why should I. I personally left LA back in 2016 and moved to Orlando, but for me it financially makes sense. I'm not rich so for me the ability to keep my same level of income and buy a home closer to family was a no-brainer.
@infinitecity954
@infinitecity954 2 роки тому
Family is more important than taxes. Glad you got a win win.
@JJ-mn8md
@JJ-mn8md 2 роки тому
I left NYC in 2002 for Texas. Best thing I EVER did. Life was so affordable. Schools for my boys were awesome, light traffic. Fast forward today, the secret is out. And its all going down hill. Crowded, and it has gotten extremely expensive. Not to mention that those coming now are changing the political ground, forgetting the reason the got here.
@pearlperlitavenegas2023
@pearlperlitavenegas2023 2 роки тому
@@JJ-mn8md I left LA in 2002 too and yeah everyone and their mother is now moving to Dallas
@kanegrey7697
@kanegrey7697 2 роки тому
“There”. Not “their”
@bornwin-sx9oz
@bornwin-sx9oz 2 роки тому
@@kanegrey7697 wrong
@stalker1366
@stalker1366 Рік тому
watching this after the gavin newson ad.. oh boy- just realized this was 40 mins!
@autumntriesthings
@autumntriesthings 9 місяців тому
Imaging Apple moving to Texas and they have to change their branding to "Designed in Texas" LMAO
@peacepantherproductions
@peacepantherproductions 2 роки тому
I had to leave LA after 18 years because the rents were unlivable. No one can afford to have a life there! That was mostly due to people migrating from New York to begin with. Now I’ve been in Florida since 2018 where everyone thought it was a joke, now everyone has moved here and they’re ruining it here as well. Nobody can afford to live in Miami. It’s just the same thing over and over again. Gentrification and greed. And the buck is going to stop somewhere, very soon. We’re going to go into a gigantic housing and economic collapse and it’s all because of peoples absolute disregard for reality. Nobody can afford to pay the fees that are being asked. Not everyone is making a six figure income. Stop moving to Florida, just go somewhere else please.
@christinahite74
@christinahite74 2 роки тому
Same here in TN
@mr.a.
@mr.a. 2 роки тому
Lol I’m in south Florida too! Palm Beach is ridiculous a 3bedroom apt is renting for 6K a month plus $175 for parking space and $250 per pet monthly. What a disaster. I purchased in 2008 thank god!
@adriennerobinson1180
@adriennerobinson1180 Рік тому
I hear You
@eckankar7756
@eckankar7756 2 роки тому
I lived in the Hollywood area working in the 'industry' in the 1970s-1990s. It was a wonderful place to live, the ocean, shopping, entertainment it had everything but finally I just got priced out.
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Terrible
@johnlesica4657
@johnlesica4657 Рік тому
There was all this talk of the wealthy moving to Florida, and businesses investing in and relocating there. With global warming and the melting of the ice sheets in Greenland and Antarctica underway, isn't that business friendly, no state income tax Florida set to be underwater in the next 100 years. Would seem odd to invest in the future of such a natural disaster prone (hurricanes) place, that is already flooding regularly in places like Miami.
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Oh wow
@Carolynfoodforest355
@Carolynfoodforest355 Рік тому
I have lived in Florida my whole life. I am going to say it. Florida is FULL. As so many people have moved to the South East I can say that Texas, and Georgia are FULL also. A lot of the other southeast states are getting full. You all need to stay where you are and vote for logical and sensible politicians.
@caridadrevilla2439
@caridadrevilla2439 Рік тому
Agreed. My area is bombarded with CA and Texans have moved here. I'm in SE FL. This has driven our housing costs!!
@thewiseguy3529
@thewiseguy3529 2 роки тому
I had many premonitions many years ago. Back in 2017 got a 35' bus style motorhome and been living in it ever since. Life is easy and peaceful. Little bit different from house life but not in a bad way. It was a healthy change for me. Best wishes! Hope all is well and safe. Let's all try to be nice to each other & get along. 💪🇺🇸💪
@ladybug5859
@ladybug5859 2 роки тому
You must rent the Lando that you put your motorhome on and that can be expensive
@faithrada
@faithrada 2 роки тому
Where do you park though? Some parks are insisting the motor homes they will accept be no less than 10 years old. Many areas don't even allow motor homes. It seems most dwellings have issues these days. Perhaps allowing some type of "Tiny House" devopements could be a remedy. McMansions seem so 'Passe'... OR.. perhaps there are simply too many people on this planet? Personally... I can't take seriously any country that can not even create affordable housing for its citizens.
@cynthia8343
@cynthia8343 2 роки тому
@@faithrada too many people, people NEED TO STOP BREEDING!
@lynnettebell1405
@lynnettebell1405 2 роки тому
@@ladybug5859 and they only allow you to stay for a short time - that is what I have found anyhow.
@map3364
@map3364 Рік тому
What premonitions?
@JohnDoe-mx3rr
@JohnDoe-mx3rr 2 роки тому
I do think California need to have a less aggressive tax structure. But I seen many example where people move to California from out of state get paid more due to labor restrictions and having to be paid proper overtime. People complain when they pay taxes but don’t mind getting benefits from them.
@AleksandrStrizhevskiy
@AleksandrStrizhevskiy 2 роки тому
People get paid 30% more but then have to pay 50% more for housing.
@seanb.6793
@seanb.6793 2 роки тому
I think it works better in Europe and Canada, because whole countries have strong labour regulations and taxes are very similar wherever you go.
@the_DOS
@the_DOS 2 роки тому
@@AleksandrStrizhevskiy supply and demand baby
@terriej123
@terriej123 2 роки тому
I don’t think the tax structure is the problem. The problem is how that revenue is spent. We need to build more housing (of all kinds) here in CA. That would bring down the cost of buying a home & even the cost of renting one. We also need to better our public transportation here in LA. That would help lower traffic. We’ve already seen that building or expanding highways doesn’t lower traffic.
@Rommie26
@Rommie26 2 роки тому
Paid more? In what sense? California has one of the lowest home ownership rates and highest homeless rate If you were to adjust for cost of living California would have the highest poverty rate
@TheyRiseBand
@TheyRiseBand 2 роки тому
Locals from the states that are growing are now being priced out and having to relocate. It happened to me, in Colorado. In fact, Colorado was the canary in the coal mine, as it was one of the first states that Californians flocked to. In 2004, I was paying $625/mo. for a 1.5 bedroom apartment in Denver. That same unit rents for $1900 now. Wages haven't gone up much, either. And home ownership? Forget it... A starter house is easily $500k and that's in an undesirable area.
@elfaraon83
@elfaraon83 2 роки тому
and for that reason im thinking seriously about leaving miami, the cost of life here is crazy. Miami was fine 2 years ago until people started coming here in droves.
@chadenglish4169
@chadenglish4169 2 роки тому
When he said cheap housing in Florida I laughed. Lived in Miami for 10yrs. Loved it. It was beautiful and warm, but with low wages and insane cost of living we couldn't afford to enjoy it. There is absolutely no affordable housing. We moved to Ohio 50 miles southeast of Cleveland. Currently lots of jobs and cost of living is low. Now we can afford to go on vacation whenever we want. We even bought an RV.
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Wow,I am hearing Florida is so much cheaper and better than New York.
@adriennerobinson1180
@adriennerobinson1180 Рік тому
@Donald Thompson Yes,I know.
@barmenxandiego1340
@barmenxandiego1340 2 роки тому
Did he really say cheap housing in Florida? Lies. Inflation has never been higher and rent has more than doubled since the pandemic. But minimum wage has remained the same for years. You know where screwed when people making 6 figures a year can't even buy a house in South Florida when they're offering 100k over asking price. The world is in real trouble
@TheSterlingArcher16
@TheSterlingArcher16 2 роки тому
Florida is still inexpensive compared to Cali. And minimum wage doesn’t mean matter since wages are determined by supply & demand, not arbitrary laws.
@ryanfraley7113
@ryanfraley7113 2 роки тому
@@TheSterlingArcher16 It’s well on its way to be more expensive and it already is for most working class people. Real estate is also determined by supply and demand, yet YIMBY’s are almost as bad in FL and TX. They’re just Red YIMBY’s and not blue YIMBY’s.
@Random_characters_username
@Random_characters_username Рік тому
Florida is great because of individual freedoms, I loved living there and one day will come back
@andrewrios2295
@andrewrios2295 Рік тому
As a Texan, please move to Galveston. Beautiful beach there 😍 just don't move to DFW it's too crowded
@jaredbezes7806
@jaredbezes7806 2 роки тому
Ever since Silicon Valley became, local California government raised absolutely everything, from housing to property from food to gas. Nobody’s fault but your own.
@Aikynbreusov
@Aikynbreusov 2 роки тому
CALIFORNIA has so many homeless people because most of them are from out of states whi moved here for the warm weather and freebies
@adriennerobinson1180
@adriennerobinson1180 Рік тому
Really? Wow
@liak.6778
@liak.6778 2 роки тому
People are going where the cost of living and TAXES aren't going to bleed them dry like in states such as California and Illinois. But when people move to other states, they shouldn't start voting for the same zoning and financial policies or politicians that made life costly enough for them to consider moving in the first place. There are still jobs that require an in-person presence just as there are jobs that can be done remotely. There can be a balance of the two that benefits everyone. But if places want to continue squeezing residents in taxation on top of ever rising costs, expect more people to continue to abandon the expensive places I now refer to as tax sink holes.
@PH-wc8ll
@PH-wc8ll 2 роки тому
We need taxes. What we need is more transparency into what they are being spent on and choice on what our taxes go to. I am ok paying more in taxes as long as I continue to benefit from them
@PH-wc8ll
@PH-wc8ll Рік тому
@@BRYANWORTHINGTON well, you gotta pay for all those other states not carrying their weight. how would you feel if you had more insight into where your taxes were going or if you could choose where your money went?
@laurachristianson1688
@laurachristianson1688 9 місяців тому
Trust me in southern states you pay taxes….but they are not called taxes but fees on everything that normal people use. Personally I would rather pay taxes for actual infrastructure including education than fake fees for nothing. I can say this because I was marooned in the south for two decades fled back home to the Chicago area 20 years ago. I love living in the Great Lakes area and for the most part am not living in an oven.
@paulsuprono7225
@paulsuprono7225 Рік тому
As that symbolic phrase goes - 'last one out, turn off the lights' ! 💀
@brokeduece1691
@brokeduece1691 2 роки тому
I spent a summer month in Las Vegas during the pandemic. It was 100 degrees all month, no outdoor activities was possible. Meanwhile, it was 80 degrees in CA coastal cities. Not enough people are leaving California.
@californiamade5608
@californiamade5608 2 роки тому
People think 39.3 million people will just disappear over night 😂😂🙄
@TockaMea
@TockaMea 2 роки тому
I like the Californians that are staying. They seem more preoccupied with beach weather and surfing than making an extra 10 cents on the dollar. It's my vibe )
@themasterrogerdelgado
@themasterrogerdelgado 2 роки тому
Texas, Florida, New Mexico and Arizona all have the weather you're describing, but to some variances of course. It is hot, hot hot all summer long in those places. In Austin it gets hot in April and does not let up until October.
@kkp4297
@kkp4297 2 роки тому
staying out of the sun is good. less skin cancer, slower aging.
@jaytilala7388
@jaytilala7388 2 роки тому
In Texas, you get winter and summer in the same week, sometimes weather season changes from morning to evening, lol
@JohnSmith-lm9gr
@JohnSmith-lm9gr 2 роки тому
$130k in San Francisco equals $75k in Dallas, not including taxes. I've turned down lots of jobs in CA, not just because of taxes, but that's part of cost of living
@jakedalley4856
@jakedalley4856 10 місяців тому
Idaho doesn’t want wealthy Californians. They have completely toppled our state on it’s head. Housing cost has went up by 100% and income has not changed. People need to talk about the states effected by transplants.
@josephlong8549
@josephlong8549 2 роки тому
I got out of California. And I got out of the United States. Where I'm living now, our property tax for a 200 m^2 house is a crushing $300/yr. The cost for good socialized medicine is a back breaking $19/month. OUCH! Life's tough. Time for another cerveza.
@tomallen6073
@tomallen6073 2 роки тому
As a native Florida is being destroyed. Cost of living is out of control, the average person is finding housing difficult. We are paying for their failure of liberal policies.
@enviromental2565
@enviromental2565 2 роки тому
Um, the Governor DeSadness is an all out GQP Republican who just picked a huge fight with one of the number one employers in Florida, Disney World. But failure is due to liberal policies??? Can you explain what specific policies? I tend to view policies as intelligent and well thought out, or not. Not as left or right.
@totalbodyperformancefitnes4813
@totalbodyperformancefitnes4813 2 роки тому
Hahhahahaaha. Those liberals are the reasons for Florida being an expensive dump…. Right. Florida has been overwhelmingly republican. Here’s an idea, maybe stop blaming political parties and look at the big picture.
@silo3com
@silo3com 2 роки тому
You seem uneducated. Stop commenting on UKposts. High rents are a result of free market capitalism. Socialist policies such as rent control are meant to curb rising rents.
@Blast2224
@Blast2224 2 роки тому
Dude, Florida is not being destroyed. Your Governor is a Klanman, your guns are rampant, you can put a baby in any woman you choose and get away with it, AND you get to do it all while enjoying sunlight.
@jaredcarnevale295
@jaredcarnevale295 2 роки тому
This comment is just silly Tom.
@phillycheese954
@phillycheese954 2 роки тому
This man opens the vid saying cheap housing in Miami in 10 seconds he saved the next 40 minutes of my day thx
@micktheman6
@micktheman6 Рік тому
I live in Cali for the weather and beauty. The small towns are great. I’m from Florida and it sucks and is expensive now. But I would never run a business in Cali I want to save money on taxes too.
@conbertbenneck49
@conbertbenneck49 7 місяців тому
I was born in New York and spent my teenage years living in Greenwich Village. After WW II I left NYC to go to Denver and get a Degree in Mechanical Engineering. I also discovered the joy of being able to reach ski areas in an hour's drive from downtown Denver. After traveling a lot as a Field Engineer for aircraft equipment for 5 years and then working in Germany and France for more than 20 years, I have traveled to 36 Countries and lived in 26 cities. When I retired, my requirements were: small cities / good recreation areas without having to spend hours driving to get there / civilized / cultured /good public transportation / no concrete jungles / no California life where you have to live in a car to get anywhere. Been there; done that.
@MV-kr2se
@MV-kr2se 2 роки тому
I lived in Florida. Loved it! BUT wages are so low and housing so expensive, I moved to Ecuador and work remotely. Now I get to save money.
@diedonner299
@diedonner299 2 роки тому
Florida does not have cheap housing or cheap cost of living. Rather you pay a lot more for what you get. There had always been a housing and COL premium on Florida but now it’s out of control.
@teresacardell9492
@teresacardell9492 Рік тому
I moved from Cali in 2005. I had to go back 2010,cuz pops passed. Cali changed so so much in those 5 yrs, just in the San Fernando Valley alone, you couldn't pay me enough to move back. I do miss the fact that the beaches were only a 30 min drive away, but I can deal with it.
@eiondonnelly9289
@eiondonnelly9289 8 місяців тому
California’s issues are not related to how they treat businesses. It’s to how they treat building and density. The issue will persist in Texas and Florida. Once everyone has purchased a home from Austin to San Antonio and they can’t build anymore suburbs. The homeowners will fight to maintain the high property values at the expense of every other citizen, just like in California currently. The only hope to save California is to build to capacity and drive prices down. The only way to prevent Texas and Florida from becoming California is to drive prices down by building for future density, not single family McMansions.
@Bee-ess
@Bee-ess 7 місяців тому
Exactly… Florida is the California of 30 years ago and on a familiar path of careless growth… dense multifamily housing and real transit infrastructure is going to be key to absorb the mass growth in a sustainable way
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