[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

A jump of one full percentage point in one month is huge. Investors and potential homebuyers waiting on the sidelines to buy at the bottom would do well to consider other states.
CA now has a rapidly deteriorating private economy combined with a fiscal crisis that shows every sign of climaxing soon with some combination of tax hikes and service cutbacks. Our anti-business, soak-the-rich Democrat-controlled legislature will succeed in driving entrepreneurs and the middle class to friendlier climes.
For real estate investors, demographic trends should be uppermost on their minds. We continue to lose our most productive citizens, and attract the least productive. I’d invest in any other state west of the Mississippi before I’d chose CA.

[EconProf]

Amen, Davejl. Furthermore, that part of AZ is way overbuilt and should have halted most all construction two-three years ago. The house pictured is just past the framing stage, meaning they probably broke ground for it a few months ago. The spigot should have been turned off long ago by the bankers–that’s their job. Builders will build if you give them money–the bankers and their economists are supposed to take the punch bowl away.
Looks like a populist anti-bank skreed by a NY Times journalist who, predictably, knows nothing about the industry.

[EconProf]

Amen, Davejl. Furthermore, that part of AZ is way overbuilt and should have halted most all construction two-three years ago. The house pictured is just past the framing stage, meaning they probably broke ground for it a few months ago. The spigot should have been turned off long ago by the bankers–that’s their job. Builders will build if you give them money–the bankers and their economists are supposed to take the punch bowl away.
Looks like a populist anti-bank skreed by a NY Times journalist who, predictably, knows nothing about the industry.

[EconProf]

Amen, Davejl. Furthermore, that part of AZ is way overbuilt and should have halted most all construction two-three years ago. The house pictured is just past the framing stage, meaning they probably broke ground for it a few months ago. The spigot should have been turned off long ago by the bankers–that’s their job. Builders will build if you give them money–the bankers and their economists are supposed to take the punch bowl away.
Looks like a populist anti-bank skreed by a NY Times journalist who, predictably, knows nothing about the industry.

[EconProf]

Amen, Davejl. Furthermore, that part of AZ is way overbuilt and should have halted most all construction two-three years ago. The house pictured is just past the framing stage, meaning they probably broke ground for it a few months ago. The spigot should have been turned off long ago by the bankers–that’s their job. Builders will build if you give them money–the bankers and their economists are supposed to take the punch bowl away.
Looks like a populist anti-bank skreed by a NY Times journalist who, predictably, knows nothing about the industry.

[EconProf]

Amen, Davejl. Furthermore, that part of AZ is way overbuilt and should have halted most all construction two-three years ago. The house pictured is just past the framing stage, meaning they probably broke ground for it a few months ago. The spigot should have been turned off long ago by the bankers–that’s their job. Builders will build if you give them money–the bankers and their economists are supposed to take the punch bowl away.
Looks like a populist anti-bank skreed by a NY Times journalist who, predictably, knows nothing about the industry.

[EconProf]

I split my time between CA & AZ. Wish I could chose to pay my taxes in AZ instead of CA.
No, of course I’m not looking for a “no tax state”. Just one where taxpayers get more for their money and the public unions don’t own the party hacks running the legislature. By that standard, any adjacent state will do.

[EconProf]

I split my time between CA & AZ. Wish I could chose to pay my taxes in AZ instead of CA.
No, of course I’m not looking for a “no tax state”. Just one where taxpayers get more for their money and the public unions don’t own the party hacks running the legislature. By that standard, any adjacent state will do.

[EconProf]

I split my time between CA & AZ. Wish I could chose to pay my taxes in AZ instead of CA.
No, of course I’m not looking for a “no tax state”. Just one where taxpayers get more for their money and the public unions don’t own the party hacks running the legislature. By that standard, any adjacent state will do.

[EconProf]

I split my time between CA & AZ. Wish I could chose to pay my taxes in AZ instead of CA.
No, of course I’m not looking for a “no tax state”. Just one where taxpayers get more for their money and the public unions don’t own the party hacks running the legislature. By that standard, any adjacent state will do.

[EconProf]

I split my time between CA & AZ. Wish I could chose to pay my taxes in AZ instead of CA.
No, of course I’m not looking for a “no tax state”. Just one where taxpayers get more for their money and the public unions don’t own the party hacks running the legislature. By that standard, any adjacent state will do.

[EconProf]

Or, just switch states.
More and more people are doing it.

[Author]

Posts