t receives as much tourism as California does (NYC, as well) cannot find a way to balance its books. Think about how much money accumulated in other states actually is spent in California. Beyond the cost of real estate, though, it's the little things that really start to add up...gasoline prices, food prices, energy, etc. A draft beer at neighborhood bar will run you 5-$8. They make it hard to be an alcoholic. Everything is more expensive in California because of its rules and regulations. Take a city like San Francisco. Kids are rarely seen, because no one can afford the housing required to raise a family. Yards...forget it. The public school system is awful. It's dirty, the roads are shitty and the infrastructure is atrocious.
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I have an 11 year old son, otherwise I wouldn't.
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I'm certainly considering driving the family to San Diego and recouping all the equity in my home.
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Rent and property cost are certainly a function of supply and demand... and specifically in SF that is brutal. But also makes you wonder why the homeless flock there (much like Portland?) For the people that the story is focusing on, I'm not sure that any housing would be inexpensive enough to address their needs.
At the same time, states noted above also have an issue with taxes (property and state) that are a concern for the working poor. Those taxes are a function of spending (not prop value) and just one more concern (NY, NJ, CA).
Certainly a complex problem and 30 minutes from Stossel is just gets the tip of the issue.
CA and NY are admittedly less enticing after Trump's Tax law.
I don't agree with Trump making people move out of NY and CA. That will not be good for the rest of the country.
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Why don't you live in NYC?
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I spent 30 seconds googling and everything I saw showed a growing California population. Here's another one.
Net migration may be negative (conflicting data on that), but the overall population is growing.
Link: https://www.census.gov/quickfacts/ca
at is one reason some historically red states are now purple.
Link: https://lao.ca.gov/laoecontax/article/detail/265
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Think "supply and demand".