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EconProf
ParticipantBobS
This news adds up to one more reason to NOT invest in San Diego, or elsewhere in CA. With a top-heavy government, a huge tax burden, and an increasingly liberal electorate, our business environment and jobs situation will only get worse. Employers and wealthy tax averse people will increasingly flee the state.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.EconProf
ParticipantBobS
This news adds up to one more reason to NOT invest in San Diego, or elsewhere in CA. With a top-heavy government, a huge tax burden, and an increasingly liberal electorate, our business environment and jobs situation will only get worse. Employers and wealthy tax averse people will increasingly flee the state.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.EconProf
ParticipantBobS
This news adds up to one more reason to NOT invest in San Diego, or elsewhere in CA. With a top-heavy government, a huge tax burden, and an increasingly liberal electorate, our business environment and jobs situation will only get worse. Employers and wealthy tax averse people will increasingly flee the state.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.EconProf
ParticipantBobS
This news adds up to one more reason to NOT invest in San Diego, or elsewhere in CA. With a top-heavy government, a huge tax burden, and an increasingly liberal electorate, our business environment and jobs situation will only get worse. Employers and wealthy tax averse people will increasingly flee the state.
Tax-friendly states like Texas, Nevada, and Florida beckon, and have low housing costs to boot.EconProf
ParticipantBobS
Sounds like I agree with your friend’s political views. But I would also keep quiet about them. Have ruined or strained many relationships when the talk veers toward politics or religion.EconProf
ParticipantBobS
Sounds like I agree with your friend’s political views. But I would also keep quiet about them. Have ruined or strained many relationships when the talk veers toward politics or religion.EconProf
ParticipantBobS
Sounds like I agree with your friend’s political views. But I would also keep quiet about them. Have ruined or strained many relationships when the talk veers toward politics or religion.EconProf
ParticipantBobS
Sounds like I agree with your friend’s political views. But I would also keep quiet about them. Have ruined or strained many relationships when the talk veers toward politics or religion.EconProf
ParticipantBobS
Sounds like I agree with your friend’s political views. But I would also keep quiet about them. Have ruined or strained many relationships when the talk veers toward politics or religion.EconProf
ParticipantBobS
Unless there are some extraordinary circumstances with his personal finances, this is a no-brainer. He should walk away. But first, do everything he can to build his liquidity as his credit standing will crash and he will have to be on a cash basis for several years. Not a bad thing, actually.
I’d also inform the lender(s) of the realities of his situation–perhaps they will see his point of view and work out a less-damaging outcome for all concerned, but that’s not likely.EconProf
ParticipantBobS
Unless there are some extraordinary circumstances with his personal finances, this is a no-brainer. He should walk away. But first, do everything he can to build his liquidity as his credit standing will crash and he will have to be on a cash basis for several years. Not a bad thing, actually.
I’d also inform the lender(s) of the realities of his situation–perhaps they will see his point of view and work out a less-damaging outcome for all concerned, but that’s not likely.EconProf
ParticipantBobS
Unless there are some extraordinary circumstances with his personal finances, this is a no-brainer. He should walk away. But first, do everything he can to build his liquidity as his credit standing will crash and he will have to be on a cash basis for several years. Not a bad thing, actually.
I’d also inform the lender(s) of the realities of his situation–perhaps they will see his point of view and work out a less-damaging outcome for all concerned, but that’s not likely.EconProf
ParticipantBobS
Unless there are some extraordinary circumstances with his personal finances, this is a no-brainer. He should walk away. But first, do everything he can to build his liquidity as his credit standing will crash and he will have to be on a cash basis for several years. Not a bad thing, actually.
I’d also inform the lender(s) of the realities of his situation–perhaps they will see his point of view and work out a less-damaging outcome for all concerned, but that’s not likely.EconProf
ParticipantBobS
Unless there are some extraordinary circumstances with his personal finances, this is a no-brainer. He should walk away. But first, do everything he can to build his liquidity as his credit standing will crash and he will have to be on a cash basis for several years. Not a bad thing, actually.
I’d also inform the lender(s) of the realities of his situation–perhaps they will see his point of view and work out a less-damaging outcome for all concerned, but that’s not likely. -
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