California Ranks #1 in Personal Income Growth Among All 50 States(2008-2018) (Stanford: middle-class, taxes)

[Antab]

Originally Posted by CaliRestoration

Thanks Trump tax cuts, trade deals, and overall economic reform policies!

Aren't those nationwide? Why would California outperform all other 49 states if they also got Trump tax cuts, trade deals, and economic reform? Correlation is not causation.

[Antab]

Originally Posted by CaliRestoration

More of his detractors, actually...

If you wanted to be intellectually honest that would at least be on a per capital basis.

[TexasBound19]

It doesn't matter if you're making 150k/yr when a 1 bedroom costs 750k in any area that isn't a complete dump.

[BB_210]

Originally Posted by 18Montclair

Yes but the official poverty rate is based on income, which is the proper measurement. Our problem is not making money, it's housing costs.

Exactly, purchasing power is low. $100/yr is barely getting by for a house hold in a major CA city. CA is a big beautiful house, but the people in it are eating cup n noodles and sitting on boxes.

[Antab]

Originally Posted by max210

Exactly, purchasing power is low. $100/yr is barely getting by for a house hold in a major CA city. CA is a big beautiful house, but the people in it are eating cup n noodles and sitting on boxes.

And that's why all the poor people have been leaving which is perfectly fine by me. Texas and AZ can take them.

[BeauCharles]

Originally Posted by 18Montclair

That's an adjusted figure that is simply a reflection of housing costs.

Which is why it's important for the state to do what it can and I support than 100%. Red states dont care, we do.

Housing costs are the biggest expenditure people make. The adjusted figure reflecting local housing costs vs. a blanket amount for the entire country makes a lot more sense as to who's poor and who isn't. How to you know "red states don't care"? Have you examined each states benefits and how they are administered? Those states have vastly lower costs of living - it stands to reason their benefit would be lower than California.


Also, the report this thread was ostensibly based on its good to see, but it would have been equally interesting to see which states had the steepest rise in cost of living during the same period. I'd wager California would be near the top, mainly thanks to increased taxes, housing costs, utilities, and gasoline. Looking at that list New Hampshire and California are very close in per capita income. Who do you think lives better on that amount - someone in a low tax, lower housing cost state like NH or someone in high tax, more expensive housing cost (at least on the coast) state like CA?

[BB_210]

Originally Posted by Antab

And that's why all the poor people have been leaving which is perfectly fine by me. Texas and AZ can take them.

Such a strange thing to say when it's middle class that's leaving and poors that are increasing.

Also Californians:

F the poors, they can leave/We welcome and protect illegal aliens (uneducated unskilled poor people)

Lol

[Tulemutt]

Originally Posted by max210

Such a strange thing to say when it's middle class that's leaving and poors that are increasing.

Also Californians:

F the poors, they can leave/We welcome and protect illegal aliens (uneducated unskilled poor people)

Lol

Who told you that? Trump? Lol.

Low-income folks moved out, high-income folks moved in
People making $55,000 or less a year were mostly moving out of California between 2007 and 2016, the report found, while people making more than $200,000 a year moved in.

More of those residents with lower income were moving to states like Texas, Nevada and Arizona. And more of those with higher incomes were coming into California from states like New York, Illinois, and New Jersey.

Young people with less education also left California
California families with children under 18 years of age moved out in droves to states like Texas, Arizona, Nevada, and Oregon. California also lost a lot of people with a high school degree or some college education in this span.

On the flip side, California gained more adults between ages 26 and 35, many with bachelor’s or master’s degree — mostly from New York and from Illinois.

With this, the face of California is changing into one that looks wealthier and middle-aged.
https://www.sandiegouniontribune.com...htmlstory.html

Also, look up California’s undocumented numbers here, lowest since 1995 ... steady decline:

https://www.pewhispanic.org/interact...orized-trends/

You know max, this is “the information age”. Easy to look up facts instead of relying on the Chumpster’s Twitter feed ... just sayin

[kttam186290]

Originally Posted by max210

Such a strange thing to say when it's middle class that's leaving and poors that are increasing.

It's not the "middle class" that are leaving.

It's people that make between $15--$50k a year, or those in the $50--$80k that couldn't manage $25 in a plastic piggy bank if their lives depended on it.

We all know those types.

[Tulemutt]

Originally Posted by BeauCharles

Housing costs are the biggest expenditure people make. The adjusted figure reflecting local housing costs vs. a blanket amount for the entire country makes a lot more sense as to who's poor and who isn't. How to you know "red states don't care"? Have you examined each states benefits and how they are administered? Those states have vastly lower costs of living - it stands to reason their benefit would be lower than California.


Also, the report this thread was ostensibly based on its good to see, but it would have been equally interesting to see which states had the steepest rise in cost of living during the same period. I'd wager California would be near the top, mainly thanks to increased taxes, housing costs, utilities, and gasoline. Looking at that list New Hampshire and California are very close in per capita income. Who do you think lives better on that amount - someone in a low tax, lower housing cost state like NH or someone in high tax, more expensive housing cost (at least on the coast) state like CA?

New Hampshire has the nation’s 3rd highest real estate tax rate:

New Hampshire. Average state property tax rate: 2.104 percent. ...

... to go along with some very pricey housing and short supply:

Saturday, April 13, 2019

HOUSING
The arrival of springtime means the start of the busy season for housing sales, but to some extent, it has been the busy season for real estate for six straight years.

Since 2012, the median sale price for a single-family home in New Hampshire has risen every year, the number of sales has risen every year except one and, in perhaps the most significant measure, the length of time that the average house stays on the market has fallen every year. It now takes only half as long to sell the average house as it did six years ago.

This won’t be news to people looking to buy homes or to those who lament how the state’s shortage of affordable housing is, among other things, making it hard for young adults to stay here, which contributes to a much-publicized labor shortage.

You need to search around for a better comparison