Leaving California for Nevada, Texas, Florida | Better Quality of Life скачать в хорошем качестве

Leaving California for Nevada, Texas, Florida | Better Quality of Life

This Candid Conversation covers the Mass Exodus from California and the obvious reasons why people are headed for Las Vegas, Austin, Miami, and other better destinations! With people now opting for a much better quality of life, the large cities of New York, Los Angeles and others have become less desirable. Working from home is the New Normal, and the suburbs have attracted many urban dwellers to their midst. Kristian Peter and Todd Miller discuss real estate, technology, and why people continue to move to places like Nevada, Texas, and Florida. People are leaving California more than ever before, driven out by politics, skyrocketing cost of living and pandemic. The California dream may be fading as the idyllic oceanfront state sees challenges in controlling the coronavirus pandemic, sky-high real estate prices, taxes, and unemployment. A poll conducted late 2019 by the University of California at Berkeley found more than half of California voters have given 'serious' or 'some' consideration to leaving due to the high cost of housing, heavy taxation, or political culture. According to Census data in 2018 more than 86,000 people left California for Texas, nearly 70,000 left for Arizona and about 55,000 left for Washington, according to NBC. People making $55,000 or less a year were mostly moving out of California between 2007 and 2016 while people making more than $200,000 a year moved in, according to the US Census Bureau. California's 40 million residents are only seeing the state's issues exacerbated in the pandemic as the Golden State now has more cases of COVID-19 than any other state. Disparities in income are extreme in California, which houses millionaires in Silicon Valley and Hollywood, while the rest of the state is increasingly a service economy. Median income in the state is $75,277 and the median home price in San Francisco is $1.3million – nearly twice that of Los Angeles. Three years ago, state lawmakers approved the nation’s second-highest gasoline tax, adding more than 47 cents to the price of a gallon, forcing service workers to move farther inland and into fire country, leaving them paying more income on fuel to commute to work. San Francisco is seeing a slew of tech workers flee thanks to the ability to work remotely amid the pandemic. 135,600 more people left the state than moved here. It’s only the 12th time since 1900 the state has had a net migration loss, and the third largest ever recorded. California became a state in 1850 after a gold rush spurred a massive migration of people moving west to seek their fortune. The state boomed again following World War II because of the aerospace and defense industry, and again in the 1980s and early 1990s as technology companies made Silicon Valley a household name. That growth slowed for the first time in the mid-1990s after the U.S. cut back on its aerospace spending following the end of the Cold War. It happened again during the leadup to the Great Recession in the late 2000s. New population estimates released Wednesday by the state Department of Finance show it’s now happening a third time, as California recorded its third consecutive year of net migration loss. The reasons why aren’t yet fully understood. In recent weeks, a string of high-profile business leaders have announced they are leaving California for states with lower taxes and fewer regulations — including Tesla CEO Elon Musk. Earlier this month, Oracle announced it plans to move its headquarters from Redwood City to Austin, Texas, while CEO Larry Ellison said he was moving to the Hawaiian island of Lanai, which he owns 98% of. Meanwhile, Hewlett Packard Enterprise, whose roots trace back to the founding of Silicon Valley, announced a move from San Jose to a suburb of Houston. A niche industry has emerged around the trend, with real estate agents starting websites like “exitcalifornia.org” and “leavingthebayarea.com” as the state’s median home price hit a record high of more than $712,000 in September. Matt Frinzi carried out his exit strategy on Tuesday, when he finished packing up his BMW X3 and left his home in San Francisco for Reno, Nevada — a state that does not have an income tax. He came from a working class immigrant family in New Jersey, building a nice life in the medical business. Now, some in the state Legislature pushing for a new “wealth tax” on the state’s highest earners, Frinzi said it was time to leave. The coronavirus pandemic furthered his resolve to move, he said, because of “government overreach,” including the state ordering businesses like restaurants and hair salons to close. “You’re going to think I’m a right-wing kook. I’m really not. I’m a reasonable Republican,” he said. “I believe in the Constitution of the United States, and it’s unrecognizable in the state of California, particularly in San Francisco.” 0:00 Introduction 0:30 Leaving California 1:39:00 Conclusion #California #ByeCA #LeaveCA #RealEstateCEO #ToddMiller #KristianPeter