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California might have a higher NUMBER of poor people than any other state. However, 37,691,912 people living in California, more people than any other state. In Mississippi, over 22% of the population lives below the poverty line. In West Virginia, the poverty rate is around 18%
Much of the Bay Area is experiencing a brisk market... multiple bids and cash buyers.
It came as a surprise to me... a bank owned home I was following was offered at $525k and received multiple bids and sold for $275k over asking... yes, $800k for cash and I am flabbergasted if anyone still uses that word.
Read my post again... I was referring specifically to the upper-class and/or high-tech workers, since the post to which I was responding suggested rich people are suffering & leaving. So thanks for basically parroting my exact point, LOL.
Nope we are not thinking the same. San Jose and the other places I mentioned are considered Silicon Valley, are they not? You're a liberal, so let's not pretend we will see eye to eye on anything, unless you're an animal lover. Then we might find common ground.
Believe it or not, there's something called 'the U-Haul' index. It keeps track of where trucks are rented and where they are going. Record numbers of trucks are being rented in CA and going to TX. It costs about $1700 Same opposite trip is $985
CA is ranked 48th on the overall business tax climate index while TX is 9th.
Since 1990, CA has lost 3.5 million residents.
225,000 people per year leaving CA
Due to high taxes, burdensome regulations, lack of public sector reforms, and a lackluster job climate, more people have left California than come to the state since 2005, according to a comprehensive study by the Manhattan Institute released on Tuesday, suggesting California is no longer “perceived by most Americans as the land where dreams come true.”
In the report, titled “The Great California Exodus: A Closer Look," Tom Gray and Robert Scardamalia found Californians have fled to states like Texas, Arizona, Nevada, Colorado, Idaho, South Carolina, and Georgia because those states have a better economic climate with less taxes and regulation.
225,000 people per year leaving CA
Due to high taxes, burdensome regulations, lack of public sector reforms, and a lackluster job climate, more people have left California than come to the state since 2005, according to a comprehensive study by the Manhattan Institute released on Tuesday, suggesting California is no longer “perceived by most Americans as the land where dreams come true.”
In the report, titled “The Great California Exodus: A Closer Look," Tom Gray and Robert Scardamalia found Californians have fled to states like Texas, Arizona, Nevada, Colorado, Idaho, South Carolina, and Georgia because those states have a better economic climate with less taxes and regulation.
So, more people come to this beautiful land of opportunity to start anew after floundering miserably in red states.
I'm stuck in one of those states. I have a college degree, but I'm struggling to find a job, in Georgia.
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