I expect we’ll be seeing even more companies exit CA. The state is so far in deficit and the bubble FIRE economy money stream is gone, so where can the state turn for funds? Corporations probably know that they are at the top of the list. 1000 employees at that company support many more indirect jobs throughout San Diego.
Unemployment keeps going up, consumers keep retrenching and yet people in SoCal still think a small 40 year old house in Poway is worth $400k. The disconnect is huge.
