I've been in San Diego for 40 yrs , people forget that in the 90's America flocked to California and drove up Real estate prices and it hasn't stopped. Now Florida, Texas , Idaho etc will definitely feel raising costs of living .
@@bobb9420 population increases actually raises the cost of living no matter what your political beliefs. Florida is a die hard red state and the cost of a 2 bedroom rivals that of NU or even NJ. More people equals higher taxes.
Purchasing a home is already a very difficult thing to do, unless you pay cash or don’t get a loan from the government. If only my minimum monthly house payment, over the course of 30 years I’ll pay more than double what my home is worth. I purchased before things got crazy so I got a good interest rate. I couldn’t imagine trying to rent or buy right now.
I hope to own a home some day, not quite long I started investing. I'm very curious already and need help on how to enhance and increase my returns. Any good investment tips will be appreciated.
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I still find it amazing when ppl say "now that commutes are irrelevant". Do these ppl realize that the great majority of jobs cannot be done remotely? The media needs to stop focusing on the wealthiest companies and white collar workers. And I say this as a tech worker.
Employers dream of programmable slaves and employees dream of stress free unsupervised work .....the world still needs manual labor and skilled laborers etc smh
... but a work from home option for jobs that can be done by remote does benefit everyone with reduced traffic congestion, smog, global warming, and pressure on urban housing prices.
@@johnnylego807it's Caucasian people voted for Desantis should burn in hell he evil friend Cuban live in lil Havana these Caucasian gentrificating Lil Havana said bringing in weird corny Caucasian in there neighborhoods literally build $50m apartment complex prices in area went affordable living to times 3 rent price
@@johnnylego807 there are way more wealthy Republican's in Miami Dade now, like Ivanka Trump and her fam (New York Republican's are moving on Miami like crazy)
Quit focusing on people who work tech, not everyone works tech. The majority of people need to be present in person to work. Some of us, like myself, live on a fixed income, we had no choice but to leave California.
That sucks because all you California liberals are gonna come to move to Republican states that haven't been ruined by democrats yet and vote for Democrat criminals that will ruin said state in the same ways you ruined your home state🙄
I have friends in Texas and Florida and they hope people stop coming there for various reasons. Cost of living is going up in both states I’ve been told.
@@mack-uv6gn You think Joe Schmo is going to be working at HP or Oracle? No, they're people with advanced degrees that will bring bigger paychecks and outbid for properties close to work. That's more money for the local economy, etc. The lower income people were not going to provide anywhere near the level of production, so what really benefits the state?
The very people leaving California and New York for Texas and Florida because of cost of living are driving are driving up the cost of living in Texas and Florida, which necessitates moving someplace cheaper again. Wash, rinse, repeat...
An influx of people is not going to make things more expensive unless there is a shortage of housing. Which there is because of restrictive zoning. CA has some awful problems-- homelessness, high rent, traffic. The reason all these problems happened is because the rich homeowners in CA tried to exclude everybody else from their city (which is still happening). So they made it illegal to build more housing, and clearly that leads to a housing shortage. PLEASE do not make the same mistake in Texas.
@@mariusfacktor3597 Sir you said everything I've been trying to say for a long time but I could never get it out. Other states must address their restrictive zoning laws If they wish to keep their costs of living down during mass migration.
@@mariusfacktor3597 As a Californian who is planning to leave one day because of the extremely high housing it gets very offensive when people from other states say that I should basically stay here and financially suffer so that their costs don't go up when one person with no kids or spouse(me) will not make or break their ability to afford their dwelling place. It all leads back to the same thing. RESTRCITIVE ZONING. They should be mad at their local government. And then they wonder why there aren't enough homes for everyone.
That’s a feature of Corporate America’s “race to the bottom,” not a bug. They want cities to compete amongst each other as destinations for investment so they can reduce wages, working conditions, and worker and consumer protections to the absolute rock bottom.
@@Natalieneptune469 How can the typical family with average income afford a higher rate+ more expensive home? in my area multi generational home is becoming the norm . Don’t forget to add the inflation which just this week was 9.1 on the CPI , producers index 11.3, it’s going to be a rough ride for sure.
@@marianparker7502 Time will tell how this period will treat people that never save, invest, lived beyond means, paycheck to paycheck, too many kids, too big of home, keeping up with the joneses with FOMO,YOLO, paying alimony, child support, etc…
@@Natalieneptune469 This is why being informed pays off. I see any market condition to make plethora of wealth. I had my 55k diversified mainly in stock and digital-assets which has grown by 3x in the past 7 months with compounding (credit to Nicole Ann Sabin ) . venturing doesn’t necessarily boil down to funds but you also have to be informed, be patient and back it up with good guidance.
That guy who said housing costs in Miami are cheap is wrong. Sure it’s cheap when you compare it to CA or NY but in Florida we don’t get paid like CA or NY 🤷🏽♀️
Miami is cheap coming from LA, I’ll be moving there later this year working remotely keeping high salary loving there ..also will be able to keep more of my money since Fl has no state tax can’t wait 😛
@@micalcre8ts Watch out. People have been saying that exact sentence since the 1990s (maybe even before). What happens is that high salary position has a corporate re-org or layoff in a few years and boom you're out of a job and need to find a position in Florida's intentionally suppressed low wage market. One of the key selling points Florida pitches to relocating corporations is "we have a cheap labor force". Just saying, I've seen it happen to MANY people so plan accordingly.
@@kev6030 yes I heard that’s why folks in Miami complain about their salary to what they pay out for cost of living FL does have the top lower paying wages in the nation..good point
I lived in Texas for 10 years… employees get fired unfairly, lots of unprepared for extreme weather, you pay a lots of what they call “ city taxes “ they’re not honest and fair to workers and if you rent apartments you get $300 just in “ city taxes” they come up with a name to charge you taxes… the hourly pay it’s very low, you drive more longer to simply grocery, lots of illegal immigrants… I’m sure if all companies are moving to Texas like Tesla did, when soon realized was no power or water after a extreme snow/ ice weather that Texas knew was coming and they didn’t do anything to prevent a collapse in power water and food.. was trash everywhere, no water or food in the store.. ice in the streets for 2 months was no water. Tesla and others want profits but soon they move they will realize Texas it’s not the paradise and government will use it to rise prices of housing and water and power… Because this companies moved to Texas . To hot to humid to many bugs … to much AC all year it costs $500 per month etc
Ironic, that all these companies that created the boom in California created the reasons for leaving California. Sure, Austin, TX looks good from a corporate financial bottom line perspective today, but so did California yesterday. Wait until all the companies moving to Austin, TX cause the same exact problems and reasons for leaving California today. When you create a booming, thriving economy it is natural evolution for high taxes, high housing costs, long commute times, rising grocery prices, rising restaurant prices, rising wages, rising car prices, rising gas prices, rising plumber prices, rising carpenter prices, etc. Over a hundred year history of USA economic development proves this.
What Texas has that California doesn't is flat land for miles and miles outward. Austin has the least amount of flat land, but there's still an abundance.
@@seanthe100 At least Houston,Dallas,San Antonio, and even El paso has alot of space for housing which is always a good thing. Luckily the cost of materials (such as lumber) is getting cheaper.
Its getting unaffordable every where in America I live in Chicago so so neighborhood. 1 bed room apt 1200 a month to rent. Thank the Liberal agenda and CRT for people leaving loon country 😳
@@cjhdabears7186 That’s how much an apartment here in Orlando cost. A 1 bdr here in Orlando ranges from $1,200-$2000 a month smh 🤦🏽♂️ thats IF you don’t want to live in the ghetto and want an actual nice neighborhood
I'm one of many that left CA for TX (CA native) and I was able to save a lot more and have the opportunity to buy a home in TX. But I miss CA a lot. The vibe/culture was way less aggressive, way more things to do or see, amazing weather year round, and much more. I am definitely planning on moving back soon and counting down the days.
I fled my hometown of Miami in 1996 (26 years ago) and moved to the middle of the Midwest. I have lived comfortably off of $38,000 a year, for many years. I could never do that in Florida.
So you left because it was getting expensive, right? Ok Is the same thing, they fleeing California for the same reasons. And We Texans either adapt, take advantage or move somewhere more chilled.
Florida is only good for people who already have money. That’s not new. Florida has always sucked for their working class. It’s only good as a tax shelter for the retired & financially established. If you need to actually work for a living, Florida isn’t the place for you & it’s only going to get worse as transplants from high income areas continue to run up the cost of living.
Im in the working class and I am thriving. My familys status improved during the pandemic and continues to improve despite the idiot in the white house attempts to destroy us. The only thing that will ruin Florida is if the left ever gets a majority like in California and New York. Then the state will go down the toilet like every other Blue state.
That’s some BS. I know multiple middle class (>>$100k) people who have moved to Florida and do fine. It’s much more affordable than liberal bastions of NY or California.
Love how the majority of this video is solely about the rich and powerful and not the middle of the lower class getting screwed over in every single stage including Texas Florida Idaho etc etc
@@tedzehnder961 by percentage it's far less and they don't take income to avoid paying that tax They take capital gains from their stocks which they buy back with the tax cuts that they get. You don't know what you're talking about You're a child or a robot
Honestly, I've lived in New York, Atlanta and Los Angeles and prices are going up everywhere! Especially in the smaller sun belt cities like Atlanta and Austin. Most people I know in the Bay and LA don't want tech companies here. In California that industry is very responsible for driving up rents and further expanding the housing crisis here due to gentrification especially in the Bay Area and Los Angeles. Maybe rent and housing prices will go down eventually. Good luck Austin! Soon enough you'll be paying 10 dollars for a coffee in too!
Man Austin is mad expensive . I rmbr when it was just a “small” city here in texas . Now it’s the most expensive city in the state without a doubt ! I can’t believe how much it’s changed in the last 20 years .
I live in the Tampa Bay area of Florida. Our housing prices, and cost of living have gone stratospheric. Fortunately, we bought our house back in 2012 when it was cheap. A few years ago the house next to mine was bought by a couple from California for a price no Floridians would have considered in their wildest, wettest dreams. Then two years later a couple from Massachusetts bought the place for a big chunk more than that. It's insane, it's unsustainable, and sooner or later it will crash.
I can do you better. I'm from Miami. I purchased my *townhouse* in 2014 and paid 140k. Today? It's valued at *half a million* 🤯 I still can't believe it when I say it. For a 3/2 townhouse.
of course it's sustainable. the population of the US is growing, people are living longer, and we have limited space for desirable housing. you actually think the prices will COME DOWN?
@@RobertMJohnson The only way it would be sustainable would be if incomes kept pace with rents. They haven't. Real income has been stagnant for 40 years and rents have increased at 2-3 times the rate of incomes. Something's got to give or sooner or later rich rentiers will face pitchforks, figurative or literal.
If California’s taxes are so high, why then do all the rich people still live there? Same goes for NYC. The wealthiest people in the country live in California, New York City and Washington state. To hear the conservatives say it, you want to keep taxes low so rich people won’t leave. That doesn’t seem to be the case in this country. If that were true, why not go to Mississippi, Arkansas or West Virginia? Got plenty of “freedom” and low taxes in those states. As for people leaving NYC, I have been hearing that every year since as far back as I can remember (and I am 65 years old). NYC is still flooded with people.
@@Farhankhan_the1 Completely right, the availability of rentals in new york city is at a lower point now than it has been in decades. And rental prices are higher now than they were pre-pandemic. If people were leaving in the numbers they claim, this would not be the case.
Right wingers complain about the taxes to advance an ideological agenda, of course. But there are plenty of “red” states that have high taxes too (I live in one). The real issue in NY, CA, et al. isn’t so much the cost of taxes, but the cost of everything else, which results from the enormous economic rents that landlords (in the broadest sense of the term) extract from the populace.
Rich people pay capital gains taxes... Which are 15%. And most of the time they can afford accountants and tax lawyers to help shield most of their income from taxes. That's why they don't mind high tax states.
@@Farhankhan_the1 no its not. Luis Rossman has debunked that claim multiple times. Rents are going up because there are less people will ing to pay those rents. The commercial real estate companies can't lower rents because doing so would decrease the value of their assets and could lead to them defaulting with their banks. Thus, they are now raising rent on those who have stayed in an attempt to cover the loss in overall occupancy.
Long story short it’s cheaper for the executives because they don’t have to pay as much in taxes and are allowed to have workers in poorer conditions and lower pay because regulations aren’t as tight in other states like they are in California. Basically the same people that raised the cost of everything in Cali are now the ones complaining about it.
Exactly. "Anti business". No, pro worker. What do they think will happen in Texas when all the tech workers, and adjacent fields they bring with them, continue to flock there. Get ready for a blue Texas, and more whining.
@RN G An imbecile declares: "Unfortunately, the internet has a short memory." 'Unfortunately', _you_ haven't a clue *what* 'the internet' is. The Internet is a vast network that connects computers all over the world facilitating communication. It's memory is virtually limitless.
I'm a fan of taxing these corporations. if you aren't willing to share your profits with your employees and instead do stock buy backs and massive senior level pay raises you deserve to pay high taxes. we need to completely cut tax loopholes federally and create a tax incentive system where you pay lower taxes if you pay your employees better or pay a larger portion of their benefits.
Cory Chin you have so much to learn.... Please research your position; specifically on what corporations are, how taxes affect employees, what taxes are actually used for, and what a tax loophole is.
If you tax them harshly they will leave for other states or countries with lower taxes. Let them keep most of what they earn if they hire a lot of people.
@@eminescueliade4206 I doubt they would leave and I didn't say tax harsh but they don't pay any federal taxes and alot get tax rebates. They need to pay at least 30% to federal.
The reality is that the rich don't pay that much in taxes. They consistently find loopholes to pay much lower rates and hire the people that find ways around what the general public pays - this is well researched and established. As Leona Helmsley put it 'only little people pay taxes"!
It’s true and frustrating as a poor or middle class person that the super rich don’t pay taxes at as high of a rate as poorer people. However, this is a global issue and phenomenon. Yes even in Nordic countries the super rich commonly find ways to pay a lower percentage of income taxes than their lower and middle class counterparts. And it likely has to do with 2 things. 1) Part of the result of becoming rich through business is being willing to take huge risks. So we structure things to motivate people to take the risk of leading a business by not having to be taxed as much. If the business is successful, all of the people they hire and the products or services can be taxed at a decent rate. Also, 2) the more money someone makes, the greater incentive and resources that person has to save every percentage possible by using tricks. Many tricks aren’t even something that the United States alone can fix but require international laws and regulation. And those in particular are really difficult to pass. We can and should do more to address some issues. But in some ways it’s a losing battle to focus so much on the percentage of taxes paid for the income of the super wealthy. It might make more sense to tax expensive homes or luxury cars or expensive art or renovation projects or gold or inherited wealth. There could be a premium tax for buying a large quantity of resources which increases someone’s carbon footprint. Especially if it isn’t even for business. It’s not as if really wealthy people make most of their money from their paycheck. Usually the vast majority of their wealth is in the form of stocks or assets.
You guys seem to forget rich people can leave your state/country 😆 You need to have rich people in the community. They create jobs/buisnesses. And are big consumer of services Treating rich people like some ennemy you need to punish or go after. Is very counter productive Did all the very rich people who left california did any good to that state? Now its harder to find a job and good paying job in california. Cause the rich people prefer to build their buisnesses in another state or another country
I don't see this as being an issue: spreading the wealth in the country is actually healthier for the market and people. Less pressure on California's real estate market will help.
@@johnbush3725 that is not what they mean. they are saying people making high paying jobs moving to locations with lower paying jobs. it adds gdp to the states they are moving to
I grew up in California, we made it by living with many family members in one household. When it was time to go to college I chose a ‘safe’ career instead of my passion which is design, to pay the bills/mortgage. Two hour commutes each way aka 4 hours. We left California and now have a better quality of life.
@@johnnylego807 This whole country has bad politics. Arizona is going down the drain and it isn't even close to what California is. And homelessness is going up at alarming rates in Arizona. And the crappy zoning laws and building codes do not help one bit here.
Last year, I worked for a company that was based in NY, and now I work for a company that just moved from CA to TX. What I have found is that most people from CA or even NY are a lot like me, we all want the same things but the governments we live under want different things. My point is that the people aren’t the problem, the governments are
@@dawnreynolds2991 That's not true - the electoral vote does not reflect the votes of the entire state. The northern half of CA excluding SF would rather break off and be it's own conservative state of Jefferson. Just not enough people or money to compete.
Not really. I live in Florida and most New Yorkers come here and just bash our Governor and overall politics. They want my state to be like the one they fled. They aren't smart enough to realize their views and votes are what destroyed their cities.
@@cknorris3644 I should’ve clarified that I was mostly talking about the working class, not rich people in New York who can afford to come down to Florida whenever they want
I live in Florida and this mass emigration from different states is beyond annoying. For people like me just moving out the rise in the cost of living is hitting extremely hard with the rise of rent and utilities. It sucks.
Dude just said Miami housing was cheap. I lived a 45 minute train ride outside NYC for years; the (large) houses in our neighborhood cost a quarter what they would in Miami. Closer suburbs cost about the same. Comparing apples to apples, you’ll get more bang for your buck renting an apartment in Miami (space, pool, gym) than an apartment in NYC…but I don’t think young families are moving to Florida to raise their kids in an apartment. I lived in Miami, too. You’re not gonna find a nice house in a nice neighborhood for less than $1M. More like $2M to $3M for neighborhoods that are actually nice to take a walk in...most Miami neighborhoods often feel Central American and, so, really utilitarian. You’ll need two cars, of course, because the nice neighborhoods aren’t close to the metro line. So add at least $20k to your budget. Traffic is often as bad as NYC so add 30 minutes to every leg of every trip.
@@shedydee4962 thanks for the recommendations; the neighborhoods do look nice. They’re a bit further north than I’d imagine living, but your point is well taken.
I lived in nyc & jersey and currently live downtown Miami and can vouch for this. You do get way more for renting(like my 2/2 apartment and amenities is far less than nyc..but you definitely need to pay 900k/1m for a decent home here in like coconut grove, south Miami etc
We need to let California & NYC just continue on their path. If the wealthy people living their don't mind the high taxes then why should I. I personally left LA back in 2016 and moved to Orlando, but for me it financially makes sense. I'm not rich so for me the ability to keep my same level of income and buy a home closer to family was a no-brainer.
I left NYC in 2002 for Texas. Best thing I EVER did. Life was so affordable. Schools for my boys were awesome, light traffic. Fast forward today, the secret is out. And its all going down hill. Crowded, and it has gotten extremely expensive. Not to mention that those coming now are changing the political ground, forgetting the reason the got here.
I recently took a car trip across the US and was shocked by the number of California license plates I saw. The exodus from that state must be worse than what the media reports.
@@raymelendez6525t’s a paradise all right, i love waking up to the smell of Poop from vagrants using the public sidewalk as a latrine. outside of my apartment window as i drink my coffee and stepping on 4 heroin needles as i walk my daily commute, then get attacked by several homeless junkies that are high out of there mind. Wonderful place.
I’m 11 mins into watching this video, I have not heard any CA officials or academias mentioned the high crime rate & so many homeless ppl living on the streets as other big incentives for ppl to move out of CA. In my last visit to San Francisco, I personally witnessed an afternoon robbery in Walgreen & homeless ppl living around my hotel. I feel that I won’t visit SF again.
Just wait until they finally pass Calcare and put everyone regardless of status on their state run healthcare. You think Cali is flooded with homeless, poor and undocumented, Cali wil be overrun and they can only tax the rich si much, the rest will fall on the middle class to carry the burden. It did not pass this year but eventually it will, hopefully I will be out of California by then.
In point of fact, 8 out of the 10 cities with the highest crime rates are in “red” states. Only one - Stockton - is in California, and it’s 10th out of 10.
Also, if you would be so kind as to post a link to some local media reports about the armed robbery at Walgreen (sic) you supposedly witnessed. Armed robbery is a very serious and rather rare crime, so you would undoubtedly be called as a witness to testify in court if indeed you’re being truthful about this incident, which would also undoubtedly form a powerful memory vis-a-vis precise date, time, other witnesses, suspects accused, etc. Far more likely that you didn’t witness anything of the sort and are just regurgitating what you’ve heard on Fox News, but please do go ahead and prove me wrong with court records.
Also those who have been moving to “cheaper states” are just in the beginning of CA’s growth and will see cost of living grow like crazy. I see it in phoenix. Houses are absurd and traffic horrible in the past two years
California’s insane policies and taxes are what is driving people and corporations out of the state. When Democrats achieved a stranglehold on political power, the insane policies and taxation began. Coincidence??? I don’t think so.
That’s the case with nearly ever state. Any relatively desirable area has boomed tremendously due to housing demand and low interest rates. Hedge funds buying 1 in 7 homes sold last year has also fueled the supply crunch.
I am in Phoenix and I see the same thing. However I remember the house price and inflation was totally OK and even going down in 2018_2019 time frame, I mean, I do think recent craziness now is more related to the inflation and the FED covid policy. I only guessing.
Before I retired, I was a Silicon Valley high-tech executive for 30 years. I planned to relocate and seek a lower cost of living. But after my wife's death, my property taxes EXPLODED!! I couldn't believe how much they went up. As much as I loved living in California, there was no choice but to get out.
It's not tax that made me leave. The cost of living is too expensive and it's near impossible to buy a home on an average income. There's too many people in one state and it's not a bad thing for people and companies to spread out across this huge country.
I left San Francisco in 1995 because the cheapest, most beat-up homes were 5X my gross salary. I realized that as a single person I could never afford to buy a home there. Moved back to Houston and I was able to buy a nice home and travel on my own salary.
I want to see how this story goes now that mandates and companies require people to come back to the office and how rents are skyrocketing in those cheap states.
Switzerland proved that by having taxes as regional as possible, competition keeps such taxation low as the cost of relocating businesses and residences are low. We're just seeing relocating businesses and residences augmented by telecommuting becoming an alternative to paying state and municipal taxes. Businesses are just not as tied by geography as they used to be or the taxes have just become high enough for them to undertake the cost of relocation.
I'm from Florida, but I left in 2016... it is quickly becoming the rich mans paradise, but it was never cheap to begin with. It was the cheaper of California and New York, however, Florida was always expensive.
@@bhalps Psh, it was too expensive back then, especially for what it was. You were not even in FL in 2016 & yes Florida just as expensive as Cali. Go away troll. You don't even live in Florida.
@@richardmossy5540 I lived in Miami Florida all my life except for four years when I lived in NYC. NYC was double the expense of Miami, the cost of housing nearly triple. I'm not trolling you dude. I have an MSIRE from FIU, so this is the kind of thing I study religiously. You left Florida before one of the largest price appreciations any state has ever experienced ever. It might be a bubble, but it happened. I've lived in Florida since I was born in the 80's lol. You could buy a modest house in Coral Gables in 2016 for 400k to 500k... mind you that's the nicest part of the city, the Beverly Hills of Miami. Now its double that, quadruple that if its a house on the water or on a canal. I know because 2016 is when I bought my house in Coral Gables. BTW prices did trickle down for a second after IRMA and interest rates rising, but whatever, just ignore facts. In Opa Locka/Miami Gardens, and areas like that, you could buy a house for 125k in 2016, 75k in 2013, and now 250k. Don't tell me it wasn't affordable, that's not me trolling you. Inflation is inflating the prices everywhere! Rent is still going up in CA and NY even though they are losing people. They are losing value, giving you less, and charging people more for that privilege.
@@bhalps I'm not from South Florida & stop giving yourself thumbs up. My part of Florida was never cheap and never had jobs. And still doesn't & is still expensive.
My hubby and I had a conversation last week, perhaps moving to Oregon, Arizona or Hawaii. We considered the Pros and Cons, we ended up with the decision to stay in the SF Bay Area. We love the fact that if we want to go to the ocean, the forest, up to the snow and the desert we can do so within a few minutes or hours, that’s what makes California special. Every state has their own set of problems, we focus on the many beautiful hidden gems in California. Everytime I see “House For Sale”signs, in a few days its Sold, there are still people outbidding to buy homes in the Bay Area. If there is an Exodus, there is also an Influx too. The temperate weather, or micro climates is so much better than having the extreme hot or cold which will cost more money out of pocket. We do pay a price for living here in California, it’s worth it❤️
I actually thought about leaving New York for a number of years, but looking at the skyrocketing cost of living in other states, among other factors, has made me realize that this isn't such a bad place after all. I have a spacious, comfortable house in a lovely neighborhood and the daily commute to my job in lower Manhattan is relatively quick via rail and subway. Crime is also not just simply confined to New York, as a number of people would have us believe: states such as Alaska, Texas, Idaho, New Mexico, Tennessee, Nevada, Missouri, Oklahoma, Colorado, Louisiana and South Carolina, just to name a few and not in that order, were ranked as having high crime rates compared to New York, despite the bleak picture painted by the recent surge might be suggesting.
I've been to NYC there is not enough money you could pay me to live there! There is absolutely nothing it has to offer anyone. Unless you like to live in constant fear of criminals and police. Not to mention you have to make way more money to live there. Nope....never !
I grew up in California. Recently we got a job in Oceanside and looking for a rental unit is incredibly frustrating. We ended up getting a $1,350 studio and were lucky to get that. I have no idea how the average worker is making it in Cali
The woman living in Austin saying, "you can live 20-30 mins from the away (from city, I assume) for 300-500K." LOL. Maybe 10 years ago. The cost of renting and real estate in ATX is absolutely skyrocketing right now because of CA and NY people moving here. My rent just went up 20% because of this. I'm now planning my Texas exit.
An influx of people is not going to make things more expensive unless there is a shortage of housing. Which there is because of restrictive zoning. CA has some awful problems-- homelessness, high rent, traffic. The reason all these problems happened is because the rich homeowners in CA tried to exclude everybody else from their city (which is still happening). So they made it illegal to build more housing, and clearly that leads to a housing shortage. The reason Austin is getting so expensive is because they're making the same mistake. Albeit not to the same degree.
@@mariusfacktor3597 you have your information all wrong about housing laws and you clearly don’t live in California. Many states have a homeless problem. Traffic is in a lot of places also, but we have better public transportation than Texas.
@@californiamade5608 I moved from Austin to Los Angeles. I'm seeing both firsthand, and there's mountains of evidence and experts on this issue that say what I'm telling you. LA and SF have some of the worst homelessness in North America. There's also a housing shortage because many cities in CA have banned building more housing for decades. Take Santa Monica. In 1970 the pop was 88k. In 2022 the pop is 91k. Wouldn't you think in 52 years more than just 3k people would want to move there? I sure would. It turns out they banned building more housing units for 52 years. And it's not just Santa Monica, it's also Long Beach, West Hollywood, Pasadena, Inglewood, Newport Beach, Los Angeles... the list goes on and on. They made it nearly impossible to build more housing so of course you would end up with a housing shortage. For a county with 10M residents (the most populous in the country), the public transport in LA County is pitiful. That's only half of the traffic problem. The other half is the layout of the area. It's very low density sprawl with businesses and residents separated by horrible zoning so that no businesses are walking distance from your house. But you're right that Texas has crap transportation. DART is not extensive enough. Houston has decent buses but that city is a sprawling nightmare. SA has no public transport. And sadly Austin has nearly no public transport-- but they are planning a meager metro.
I retired to Florida from Connecticut five years ago. I am generally happy here. But I don't see much of a difference in cost of living... Property taxes, rents, real estate, insurance , food etc are expensive here...
I have been to California, New York and Florida. I would never live in Florida, it's beautiful and fun to visit but I wouldn't want to live there. I used to live in New York and loved it. My sister is in California so I just visit. It is going to be interesting to watch these areas over the next 5-10 years
If people move to a new area just because it's cheap, it won't be cheap for too long. There must be other reasons to justify moving (climate, access to natural resources, proximity to borders) and nothing beats California
Unfortunately 40 yrs of excessive Left policies have substantially degraded the state. I'm entrenched and can't stand flatlands, love the High Sierra backcountry, climate, natural landscape, otherwise would probably be packing too.
@@Mrbfgray Floridian here. Rent has doubled since I moved here 10 years ago and we've had nothing but Republicans. Houses keep going up too. Which Right policies will help the average Floridian during these tough times?
@@brodiapunch FL is a 'free state', so naturally everyone is fleeing the Commies and driving up prices there, TX, etc.. Plus the reckless shutdown disaster will still be paid for by your grandchildren. Did you expect no consequences for insane political policies? Maybe you'd prefer NYC, Los Angeles or Frisco progressive disaster areas? Realize that being anti-leftist does not mean being Republican, it's not a binary world.
@@brodiapunch I've lived in Commiefornia for 42 years now and if you don't get why Florida and it's politics are better, then you don't understand economics. I'd happily trade you my place in CA, for your place in Florida. You can enjoy the high libtard taxes, the crime, the homeless people, the illegal immigrants, the fires, the water shortage, the riots, the lockdowns, the high real estate, the collapsing energy grid, and the state corruption that is Commiefornia.
@@brodiapunch People that think like you are exactly the problem with New York and California. We dont want or need the government to control rent or home prices. And unlike California and New York we dont have a government that thinks over regulation and over taxation is ok.
When he said cheap housing in Florida I laughed. Lived in Miami for 10yrs. Loved it. It was beautiful and warm, but with low wages and insane cost of living we couldn't afford to enjoy it. There is absolutely no affordable housing. We moved to Ohio 50 miles southeast of Cleveland. Currently lots of jobs and cost of living is low. Now we can afford to go on vacation whenever we want. We even bought an RV.
$130k in San Francisco equals $75k in Dallas, not including taxes. I've turned down lots of jobs in CA, not just because of taxes, but that's part of cost of living
Companies are always willing to move where they can get away with paying slave wages. Florida salaries have always been extremely low, but their cost of living keeps going up, let’s see how long they will get away with pay low salaries.
As a native Florida is being destroyed. Cost of living is out of control, the average person is finding housing difficult. We are paying for their failure of liberal policies.
Um, the Governor DeSadness is an all out GQP Republican who just picked a huge fight with one of the number one employers in Florida, Disney World. But failure is due to liberal policies??? Can you explain what specific policies? I tend to view policies as intelligent and well thought out, or not. Not as left or right.
Hahhahahaaha. Those liberals are the reasons for Florida being an expensive dump…. Right. Florida has been overwhelmingly republican. Here’s an idea, maybe stop blaming political parties and look at the big picture.
You seem uneducated. Stop commenting on UA-cam. High rents are a result of free market capitalism. Socialist policies such as rent control are meant to curb rising rents.
Dude, Florida is not being destroyed. Your Governor is a Klanman, your guns are rampant, you can put a baby in any woman you choose and get away with it, AND you get to do it all while enjoying sunlight.
Ever since Silicon Valley became, local California government raised absolutely everything, from housing to property from food to gas. Nobody’s fault but your own.
I had many premonitions many years ago. Back in 2017 got a 35' bus style motorhome and been living in it ever since. Life is easy and peaceful. Little bit different from house life but not in a bad way. It was a healthy change for me. Best wishes! Hope all is well and safe. Let's all try to be nice to each other & get along. 💪🇺🇸💪
Where do you park though? Some parks are insisting the motor homes they will accept be no less than 10 years old. Many areas don't even allow motor homes. It seems most dwellings have issues these days. Perhaps allowing some type of "Tiny House" devopements could be a remedy. McMansions seem so 'Passe'... OR.. perhaps there are simply too many people on this planet? Personally... I can't take seriously any country that can not even create affordable housing for its citizens.
Living in Florida, people from all over are moving here and people are milking it all they got. Increasing rent, increasing everything. It’s starting to get really annoying because no one is stopping people price gauging the market. I think it has to do the with US government and their issues, but I have to live with my parents cause i can’t affordable 1 bed thats not 1400$ a month
I do think California need to have a less aggressive tax structure. But I seen many example where people move to California from out of state get paid more due to labor restrictions and having to be paid proper overtime. People complain when they pay taxes but don’t mind getting benefits from them.
I don’t think the tax structure is the problem. The problem is how that revenue is spent. We need to build more housing (of all kinds) here in CA. That would bring down the cost of buying a home & even the cost of renting one. We also need to better our public transportation here in LA. That would help lower traffic. We’ve already seen that building or expanding highways doesn’t lower traffic.
Paid more? In what sense? California has one of the lowest home ownership rates and highest homeless rate If you were to adjust for cost of living California would have the highest poverty rate
Florida does not have cheap housing or cheap cost of living. Rather you pay a lot more for what you get. There had always been a housing and COL premium on Florida but now it’s out of control.
As someone formerly in banking (as of early this year before I left), cost of living in the areas with jobs in Florida is extremely expensive for most earners and with the influx of people coming here it only goes higher. One of the biggest issues in Orlando is public transportation and the lack there of. So even if you live further out where it is cheaper you're losing that in time, wear on your vehicle, and more.
Florida has always been expensive! I lived there 2002 -2004. Felt nostalgic in 2015 and went back. Place over run with illegals and everything was exspensive! Left after a few months.
For reference, I moved for the job and am moving out for a job. Florida, like America as a whole, needs to focus on helping the folks at the bottom first. Until we do that, these problems are only going to get worse.
@@jorgesalazar818 People, mostly from carib & Mexico who came to work the seasonal fruit industry as needed then go home with their earnings to spend outside the state.
24:05 It’s really “incredible” if you’re wealthy, sir. If you’re working class or on a fixed income you’re seeing your standard of living decrease drastically or being gentrified out of the state you’ve lived in all your life altogether. The wealth gap here has gotten really bad.
As long as people conflate the price of property with the value of property, we will continue to have policies that prevent the construction of enough housing to reduce the desperation that continues to inflate home prices.
Problem is the wildly inefficient and low quality developments. Instead of proper planning of efficient, higher density, short distanced cities, we’re getting Southern California, Phoenix, Denver, cities upon cities, developments upon developments, highway upon highway, the pointe at this, the commons at that. What makes the prices so high, they’ll only sell for what someone will pay. These Ryan homes going for “starting at the mid $200,000’s” that are only worth less than half of that. How is it that they have to be concerned with people making less than $100,000 per year. Most people make well under that. If you make more, good for you. The smart wealthy person doesn’t spend most of what they make, that’s how they remain wealthy. I could make $300,000 per year, there’s no reason I ought to be out half that for housing.
@@dwayne_ the price of property is the amount of money exchanged when buying/selling it. The value includes the quality of life it provides for the people living there and the community around it.
The influx of people moving to Texas will raise housing prices and other cost of living indices, so that over time Texas becomes the next California. At that point, the flow of businesses will go elsewhere. Texas will boom, just as California did, and have all the same issues.
The biggest problem with Texas is the refusal to raise wages to keep up with ANYTHING. 15 years ago my employer was paying $10 an hour which was AMAZING for Texas at the time when most jobs were paying $7.25. Now in 2022, they're still starting people off at $10 an hour... Too bad inflation, housing & cost of living has skyrocketed, so now that $10 is worth even less than $7.25 minimum wage 15 years ago...
By the way, the person who put together this video did an amazing job with the slide presentations, detailed charts, data visualizations, and stock photography & videos. Good job!
California’s issues are not related to how they treat businesses. It’s to how they treat building and density. The issue will persist in Texas and Florida. Once everyone has purchased a home from Austin to San Antonio and they can’t build anymore suburbs. The homeowners will fight to maintain the high property values at the expense of every other citizen, just like in California currently. The only hope to save California is to build to capacity and drive prices down. The only way to prevent Texas and Florida from becoming California is to drive prices down by building for future density, not single family McMansions.
Exactly… Florida is the California of 30 years ago and on a familiar path of careless growth… dense multifamily housing and real transit infrastructure is going to be key to absorb the mass growth in a sustainable way
I had to leave LA after 18 years because the rents were unlivable. No one can afford to have a life there! That was mostly due to people migrating from New York to begin with. Now I’ve been in Florida since 2018 where everyone thought it was a joke, now everyone has moved here and they’re ruining it here as well. Nobody can afford to live in Miami. It’s just the same thing over and over again. Gentrification and greed. And the buck is going to stop somewhere, very soon. We’re going to go into a gigantic housing and economic collapse and it’s all because of peoples absolute disregard for reality. Nobody can afford to pay the fees that are being asked. Not everyone is making a six figure income. Stop moving to Florida, just go somewhere else please.
Lol I’m in south Florida too! Palm Beach is ridiculous a 3bedroom apt is renting for 6K a month plus $175 for parking space and $250 per pet monthly. What a disaster. I purchased in 2008 thank god!
The rich move to some state. They don't care, they own multiple homes in multiple states and can pay for expensive travel. This raises the cost of living in that state. This creates an ever growing amount of people that are priced out of living there becoming poor and homeless. The state needs to raise taxes to redistribute the wealth to solve those issues. The rich move somewhere else. They don't care, they own multiple homes in multiple states and can pay for expensive travel.
Homelessness is primarily a result of drug addiction, not economics. This is a false narrative by certain activists. Actual stats show 70% of homeless in our county are meth addicts, not one of them is capable of working/earning. Most of the rest are mentally ill and also not capable of earning/paying rent. Our working poor crowd in together sharing rent with family/friends as shown in the documentary, a very small percent live in vehicles.
@@whelancommunications I'm glad you came here to "ahmm, actually". People being priced out and not having a home, needing to live in a car or relative's house doesn't make them homeless just people without a home. It's good to know that only 30% of the "real" homeless are just poor and 70% are poor *and* have some other issue they need help with. How many of them turned to drugs once they got homeless? How many had their situation worsen due to living in the street? How many are self medicating because they are priced out of mental health services? How many turned to drugs because of the stresses of being poor? Who cares? They're drug addicts.
@@FicoosBangaly They like doing drugs in warm weather state.SF is a dump because of them. Mexican fentynol is cheap so they only need to steal 10 dollars a day. Cali. wastes 100 million on rehab that doesn`t work. Have to crack heads on Lib pol;s.
My daughter lived in Orange County and had what I would call a dream job. She was heavily in debt, my husband and I helped her to get out of that situation. I just hope she does better in area with lower cost of living.
I don’t look at that way, I live in Orange County too, 20 minutes from the beach, the pay reflects the cost of living, the only thing people need really manage is their rent, because rent price keep going up! Lucky for these who bought their home 4-6 years ago, doubled the value!
Why is Orange County so anti Hispanic? As a Floridian that place has been disgustingly prejudice. Funny when you take in the consideration, the fact their failed and obvious attempt to wipe out the Mexican culture thats deeply imbedded in the area.
@@lucyluo3898 polluted beaches, homeless and drugs everywhere. What's not to like. Oh I forgot the safety factor. Nonexistent. Familiar with 🍊 County, was stationed at El Toro, USMC air station. I live by Oceanside. Very familiar with California. Was like this in the 70's when I was sent here as a Marine. And it hasn't changed., my error- it has changed- it's worse. I still live here- why? too old and sick to leave. Thanks to my daughters, who help me a lot, I'm able to afford to live here.
Low cost of living???? Rents in Miami and Orlando are up over 38% . Typically housing is being repositioned for upper incomes at the expense of lower income households. The long term consequences is Florida will have to massively increase spending on social services, public education, infrastructure etc. But the economy depends on individuals who make less than $35,000 per year not rich retirees and tech companies.
I moved from Missouri to San diego 6 years ago. I love California but, the extreme high cost of living is caught up to me. I can’t afford to live here anymore. I’m looking at Houston Texas, Las Vegas, or New Mexico. I’m hoping to relocate within a year, buts it’s gotten ridiculous here. I have no incentive to stay here anymore. I don’t care if ppl in Texas want me there, I can give too shots what they think, I’m going to do what’s best for me.
Did he really say cheap housing in Florida? Lies. Inflation has never been higher and rent has more than doubled since the pandemic. But minimum wage has remained the same for years. You know where screwed when people making 6 figures a year can't even buy a house in South Florida when they're offering 100k over asking price. The world is in real trouble
@@TheSterlingArcher16 It’s well on its way to be more expensive and it already is for most working class people. Real estate is also determined by supply and demand, yet YIMBY’s are almost as bad in FL and TX. They’re just Red YIMBY’s and not blue YIMBY’s.
Funny how some people are acting like gatekeepers telling other people where to live. All of these are inevitable and this is how capitalism works. Get in where you fit in.
People aren’t leaving California fast enough. Traffic only has gotten worse over the decades. Housing bids are crazy. It feels more crowded every year. If you’re leaving, Thank you!
Little Bird, let's hope you still feel that way once you get a BIG, US Medical Bill. Will you stay in the US, or go back to the "overbearing Canada Government"?
With road construction in the DFW area, on the highways, creating WORSE problems for traffic or doing nothing to make it better, and I've seen this on 3 - 4 different big road construction work on highways now in the last 10 years, with all the movement into DFW it's starting to become unbearable. Texas is also too gun happy and more and more people are dying on the roads by people getting upset with each other. It's also TOO conservative to me as they attack human rights. No, I wouldn't start a business in Texas. I wouldn't in CA either and not for part of the reasons given here but the entire West that depends on the CO River is creating a huge disaster and with all the water pulled from the ground and rivers, THEY are creating a good chunk of the fires they deal with because as you pull ground water, it drops aquifer levels, which in turn drops the water table, which in turn means many of the trees that used to have roots getting into wet soil, not anymore, and you have places burning there that never used to burn in N. CA which breaks my heart because I spent years there and I loved living there other than the cost because of so many things to do there. So that's why I couldn't move a business there because it would add to the environmental disaster that too many people living in arid conditions creates.
Life long NorCal resident here, moved my family and business to a midwest state in 2019 and even though it's a very moderate purple state it feels practically libertarian by comparison. I actually get to run my business now instead of running around 24/7 trying to keep the state of California from shutting me down. I get to spend real time with my family instead of stressing myself into an early grave over the state of California doing EVERYTHING it can to effectively end my life and destroy my family. Leaving California has been the single greatest and most dramatic economic and quality of life improving choice I've ever made. You don't even realize how bad that state is until you leave it for a while, the nice scenery there just isn't worth it.
It's going to be hard for miami to be a tech and financial hub when the school system is so bad, spanish being the primary language here, the people who move here are mostly running from a broken countries, most of the wealthy people in miami don't make their money in miami; their money was made in another country or city. Their's a lot of issues with South Florida; you can do a never-ending series on miami alone.
Anything South of Palm Beach has a lot of similarities to overseas economies and cultures. Regardless, those people that don't adapt or can't afford the rapidly rising costs of living will be pushed out completely.
Cost of living is skyrocketing in all of the “cheap” cities. I live in Omaha, NE and the price of a typical 3 bed, 2 bath single family home has shot up from less than 150 right before the pandemic to well over 225 today. Still cheap by west coast standards I guess, but incomes haven’t risen by anything even remotely close to that. And that’s if you can even find a place to buy - speculation is so out of control that houses often sell mere hours after they’re listed. So if you’re a normal person who needs financing and is looking for a house to actually, ya know, live in, good luck. I have family in the Phoenix area and it’s even worse - that 1 bedroom apartment that was going for $850 5 years ago you can now expect to pay $1500+ for with no end to the exponentially soaring cost of living in sight. Also, big LOL at the clown in the video who calls Miami affordable. Yeah, maybe if you’re living in an alligator and crystal meth infested trailer park where you don’t even need to set an alarm because you’re awoken by the sound of gunshots every day. So yeah, I highly doubt that these are long term trends. The “race to the bottom” being pushed by Corporate America only works when there’s a significant difference in cost of living between different municipalities, and the gap between the expensive (NYC, Seattle, SF, LA, Boston, etc.) and cheap (Austin, Dallas, Atlanta, Phoenix, Tampa, etc.) major metro areas is closing fast.
Seriously, these tech companies motives to move to Texas stemmed from their desire not to pay their fair share of taxes and the other to control their workers without legal recourse. Texas is an at-will state which means these companies can fire and replace you without almost no judicial impunity. Texas is also not very union friendly, something that Elon Musk is very happy about. Exploit the workers, exercise all the racist policies that he was cited for in California, without too much legal recourse. As it stands, the wages in Austin aren't keeping up with the economic times, similar conditions to California. So, moving over here is going to be a struggle to get workers. Moreover, these companies came over here for the tax cuts and the welfare the state gives them, all funded by the taxpayers. They don't really have much to lose if they fold up because the taxpayers will absorb the losses.
Northern cities like NYC, Boston, Chicago, Detroit need to understand that people don't like winter that much. When you increase taxes and regulations then why would anyone want to stay in those cities? Tech jobs go to these warm areas like austin, miami, phoenix that are less taxed and less regulated
And many people don't like the heat either. Try living in the desert States when it's 120 degrees every day, or Florida when it's 90 degrees with 100% humidity every day. No thanks! These States are only tolerable certain times of the year.
The cities you mentioned have one Industry- Government. The Private Sector is dead in NYC BOSTON CHICAGO etc. Everyone that works in those cities works for Local, City, State, Federal Govt. And of course- one of the largest departments of Govt---> College & University. Detroit is a shithole of epic proportions. If you're not a Boo you would never consider that dead city. When you're a union firefighter, cop, nurse or teacher making $175K a year- you find ways to stay warm lololol. There are Boston Cops making over $200K per year doing absolutely nothing all day. Same for firefighters.....the closest they get to a fire is the BBQ Grille behind the fire house.
It mostly has to do with the fact they are all run by ultra liberal local governments who do nothing about crime, take all they can from their tax payers and return nothing but bad roads and high rents. Or just blame it on the winter lmao.
These other areas will face the same problems of high housing costs and traffic unless they build dense housing and public transportation. That’s the only way to scale up. That’s the biggest problem here in California. You can’t scale up with single family homes and cars.
well here in Texas in the bigger cities, pack-n-stack, 4-story ENORMOUS apartment complexes are going up everywhere, and have been for several years. But Texas is still a one-driver State, and the public transportation really sucks here. We're a good 50 years behind the curve on that. I highly doubt we'll ever catch up to what would really be a boon to the growing population. But then again, the US will never catch up to the public transportation infrastructure of the UK and Europe anyway. And now, with skyrocketing gas prices, all that driving may come to a screeching halt.
@@jekku4688 I agree. Texas should be nearly finished with a bullet train network that rivals Japan. Yet, we're still trying to upgrade old two-way highways that were built for an agricultural economy.
Florida is already overbuilt with urban sprawl and much of it done with improper drainage thanks to corrupt local governments. We do not need more buildings as we are already swimming in flash floods after every sprinkle of rain here.
I thought it was crazy that my neighbor, in Florida, sold their house for $736,000 and bought it for the mid 200's less than 5 years ago. The people that moved in were from out of state.
This has been happening in the portland, OR area where i grew up as well. In just 5 years rent had gone up 80%, it's quite unreal. I imagine affluent people who have the flexibility in their careers or are retired get tired of the cost of living in CA, NY, etc. And places like texas, florida, oregon, have become the new places to be. Problem is however that the money follows, along with the drug issues, homelessness, etc. From 2013 - 2018 I personally witnessed an 80% increase in rent, raises in taxes, double the amount of drugs and homelessness, and the city (portland) has just become completely trashed and overran, our local government has put minimal effort into infrastructure/maintenance. I moved about 3 years ago. It's only gotten worse, it's so sad to see.
Live in Tigard. Got my house for 264k in 2003. It’s worth 565k now. You have to be white collar to afford to live in my neighborhood. Our homes are from the mid 90s it’s nuts.
It's terrible. I don't understand why these states are allowing Homeless. It makes no sense. Like Father some years he passed on,people used to care,they just don't care anymore. I never I would see America like this.
@@adriennerobinson1180 Imagine that you got sick, lost your job, and had large medical bills you could not afford. You become homeless and have to live in your car/tent/cardboard box on the streets. Do you migrate to New York or Minnesota?...no, if you are smart you don't want to freeze in the winter. To Texas...no, too hot in summer, cold in winter, fire ants stinging you. But there is California and the west coast, mild summers and winters, few biting/stinging insects, and a more generous population that gives away lots of free food and a police force that is more tolerant. The west coast is a magnet for such people. If you live elsewhere, you should be thankful that these people left your state and that California is not like Texas, rounding-up people like cattle and putting them on buses bound for your state.
It's not that California's business regulations are too tight and business taxs are too high. It's that other states business laws and taxes are too loose.
Nobody goes there anymore because it's too crowded. The solution to high prices is high prices. California has been pushing out the poor for decades, now it extends to the six-figure "middle class".
Soon there won’t be a middle class. I live in AZ n all the people who could live luxuriously on a good budget are being forced out of the state because everyone from Cali is moving here and it’s getting way too expensive. The war in Ukraine along with the devaluation of the US dollar isn’t helping either
Lived in Broward county years ago. First home I bought in Fort Lauderdale was a 2/2 paid 31,500 for it. Zillow estimate now is $350,000. Next home in Sunrise a 3/2 paid 81,000 added a pool for 10,000. Zillow estimate on it is $450,000. Third home in Loxahatchee (Palm Beach county) paid $185000 in 1999 I sold for $459,000 in 2006. In 2019 paid $175000 for a new home in Ocala. 6 months ago same home, same builder, new is now $265,000.
California has become a nightmare for people who work hard and try to build a business. I moved here a few years ago because of work and built my business but now totally regret it. I am currently working on moving myself and business to either Texas, Arizona or Georgia. The relentless crime rate, the homeless problem, bad infrastructure makes any logical person wonder why do anything in California. I remember a DMV employee telling me that taxes will go up next year and I stated "Why? It should go down as the value declines" and she responded jokingly "You pay for the sunshine". The CA Government is against business owners and middle class. The only people that are getting rewards and benefits are homeless, poor, and criminals. I will relocate within 2 year or less because at this point I have no desire to give the State of CA any more Tax revenue nor do I want to contribute to their policies because we are not protected
As a native Californian let me say this: Please don’t come here! We don’t want visitors, we don’t want conservatives, we don’t want anyone here that doesn’t want to be here. If you’re thinking about moving here, DON’T. If you live here and don’t want to be here, LEAVE! We can do without the extra traffic. Much love, thank you!
I lived in the Hollywood area working in the 'industry' in the 1970s-1990s. It was a wonderful place to live, the ocean, shopping, entertainment it had everything but finally I just got priced out.
After living in Texas, I can see why it’s so attractive. They follow the federal minimum wage of $7.50/hour and there is poverty everywhere. It’s these same large corporations that outsourced labor overseas because they didn’t have the regulations and wage requirements that the US has. One can simply make more profit paying 25 cents an hour and not being hampered by OSHA, EPA, or other regulations.
Our home went for 300k brand new when we first bought it. Now it’s worth almost 800k within a matter of months. Crazy what’s happening. A new way of living is coming
Speculation is pushing up prices. That's not sustainable. It is also increasing rental prices. Despite the fact that their costs didn't change. Which is pushing up housing insecurity to dangerous levels. That require even more social programs to keep it from collapsing under its own weight. A single person has to make $30/hour to qualify for a one bedroom apartment in my area. That kind of wage growth isn't happening. They want high prices and low labor costs. That isn't sustainable.
@@thomasridley8675 Exactly - finally folks are doing the MATH They want to maximize profits at the expense of average working people. 1950 - graduate HS, unionized job, home owner, supporting a stay at home wife - all on dads wages Things are going to collapse and they are going to collapse hard - the crime we see now is just the appetizer
@@newjerseyselfdefense6199 I hope a repeat of 2008 isn't on the horizon. But, I don't see how it can keep climbing without tripping over reality at some point.
As a Californian, I couldn't be happier that business and people are leaving. It makes no sense whatsoever to concentrate all the jobs in one state, making commutes longer and driving the cost of living for all. Best to spread them around the country. Clearly, as a state we are not hurting by companies and people leaving - though I wish they would use the extra tax money for education or social programs instead of sending us a $1K rebate check. Indeed, the only way our housing prices will go down is if more people leave.
An influx of people is not going to make things more expensive unless there is a shortage of housing. Which there is because of restrictive zoning. CA has some awful problems-- homelessness, high rent, traffic. The reason all these problems happened is because the rich homeowners in CA tried to exclude everybody else from their city (which is still happening). So they made it illegal to build more housing, and clearly that leads to a housing shortage. PLEASE do not make the same mistake in Texas.
It’s not the transplants. It’s the hedge funds that purchase real estate in bulk, and then jacking up rent/purchase prices. CA, esp San Francisco and LA have been going through this for decades.
@@BubblyViolin11 You're right that it's not the transplants. However, the reason that housing is an attractive investment for firms is because cities often make it impossible to build more housing. When there is a limited supply of something its value goes up. If we want hedge funds to stop buying homes, we need to loosen our zoning codes to allow more housing to be built. If you look at the zoning map of almost any US city, the majority of land will be zoned exclusively for single family homes. These are expensive and do not accommodate very many people. This causes sprawl, horrible traffic, homelessness, segregation, and a shortage of housing which drives prices up. We need to ban this sort of zoning.
These companies and wealthy people have enough money to continue to operate in California but for tax purposes say they’re based in Texas. Even if they don’t operate in California they’re able to operate in other places because their income stream is not tied to them living in California
"just after it was ceded by Mexico" - it wasn't "ceded". It was taken after an invasion. I can't believe it's been so many years and the US still won't recognize when it screwed up. It's like Russia saying Crimea was "ceded" to Russia by Ukraine.
I've been in San Diego for 40 yrs , people forget that in the 90's America flocked to California and drove up Real estate prices and it hasn't stopped.
Now Florida, Texas , Idaho etc will definitely feel raising costs of living .
And there wouldn't be a problem if they didn't have extremist leftist majority. Progressive policy's are to blame.
@@bobb9420 population increases actually raises the cost of living no matter what your political beliefs. Florida is a die hard red state and the cost of a 2 bedroom rivals that of NU or even NJ. More people equals higher taxes.
And Las Vegas! My goodness
Exactly. Arbitrage is a façade everywhere is now expensive.
@@bobb9420 poor pea brain bob can you actually think for yourself instead of parroting your favorite conservative pundit
Purchasing a home is already a very difficult thing to do, unless you pay cash or don’t get a loan from the government. If only my minimum monthly house payment, over the course of 30 years I’ll pay more than double what my home is worth. I purchased before things got crazy so I got a good interest rate. I couldn’t imagine trying to rent or buy right now.
I hope to own a home some day, not quite long I started investing. I'm very curious already and need help on how to enhance and increase my returns. Any good investment tips will be appreciated.
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I still find it amazing when ppl say "now that commutes are irrelevant". Do these ppl realize that the great majority of jobs cannot be done remotely? The media needs to stop focusing on the wealthiest companies and white collar workers.
And I say this as a tech worker.
The roads in south Florida have been back to pre-pandemic levels for a long time now. It’s unbearable lately.
Employers dream of programmable slaves and employees dream of stress free unsupervised work .....the world still needs manual labor and skilled laborers etc smh
... but a work from home option for jobs that can be done by remote does benefit everyone with reduced traffic congestion, smog, global warming, and pressure on urban housing prices.
Vote for Pedro
@@jbar_85 traffic in Miami is ridiculous ..especially on the weekends
As an educator, I left South Florida. Very unaffordable. Low paying jobs, the wealthy have pushed the working out.
Where did you go if you don’t mind me asking?
This is spot on, it’s wealthy democrats.
@@johnnylego807it's Caucasian people voted for Desantis should burn in hell he evil friend Cuban live in lil Havana these Caucasian gentrificating Lil Havana said bringing in weird corny Caucasian in there neighborhoods literally build $50m apartment complex prices in area went affordable living to times 3 rent price
yeahnbman.. i moved here in 2012... but i'll be out later this year.. housing is too expensive. and wages dont match.
@@johnnylego807 there are way more wealthy Republican's in Miami Dade now, like Ivanka Trump and her fam (New York Republican's are moving on Miami like crazy)
Quit focusing on people who work tech, not everyone works tech. The majority of people need to be present in person to work. Some of us, like myself, live on a fixed income, we had no choice but to leave California.
That sucks because all you California liberals are gonna come to move to Republican states that haven't been ruined by democrats yet and vote for Democrat criminals that will ruin said state in the same ways you ruined your home state🙄
Please go back to Cali.
I have friends in Texas and Florida and they hope people stop coming there for various reasons. Cost of living is going up in both states I’ve been told.
Orlando here and rents have gone up by up like 65% in some zip codes , it's insane !
That's what happens when you draw in big companies duh, it draws in more talent
Got relatives in New York, And Florida. Friends In Texas and California. I live in AZ. Everything’s going up in all of these places
@@Striker50_ talent? Maybe, but I was talking about living cost and conditions.
@@mack-uv6gn You think Joe Schmo is going to be working at HP or Oracle? No, they're people with advanced degrees that will bring bigger paychecks and outbid for properties close to work. That's more money for the local economy, etc. The lower income people were not going to provide anywhere near the level of production, so what really benefits the state?
The very people leaving California and New York for Texas and Florida because of cost of living are driving are driving up the cost of living in Texas and Florida, which necessitates moving someplace cheaper again. Wash, rinse, repeat...
An influx of people is not going to make things more expensive unless there is a shortage of housing. Which there is because of restrictive zoning.
CA has some awful problems-- homelessness, high rent, traffic. The reason all these problems happened is because the rich homeowners in CA tried to exclude everybody else from their city (which is still happening). So they made it illegal to build more housing, and clearly that leads to a housing shortage. PLEASE do not make the same mistake in Texas.
@@mariusfacktor3597 Sir you said everything I've been trying to say for a long time but I could never get it out. Other states must address their restrictive zoning laws If they wish to keep their costs of living down during mass migration.
@@greg.anywhere Thank you! Yes you understand 100%
@@mariusfacktor3597 As a Californian who is planning to leave one day because of the extremely high housing it gets very offensive when people from other states say that I should basically stay here and financially suffer so that their costs don't go up when one person with no kids or spouse(me) will not make or break their ability to afford their dwelling place. It all leads back to the same thing. RESTRCITIVE ZONING. They should be mad at their local government. And then they wonder why there aren't enough homes for everyone.
That’s a feature of Corporate America’s “race to the bottom,” not a bug. They want cities to compete amongst each other as destinations for investment so they can reduce wages, working conditions, and worker and consumer protections to the absolute rock bottom.
Real estate crashing 40% wouldn't even be a crash… it would be 2019.
Sounds good to me!
I think there will be foreclosures galore.
@@Natalieneptune469 When?
@@Natalieneptune469 How can the typical family with average income afford a higher rate+ more expensive home? in my area multi generational home is becoming the norm . Don’t forget to add the inflation which just this week was 9.1 on the CPI , producers index 11.3, it’s going to be a rough ride for sure.
@@marianparker7502 Time will tell how this period will treat people that never save, invest, lived beyond means, paycheck to paycheck, too many kids, too big of home, keeping up with the joneses with FOMO,YOLO, paying alimony, child support, etc…
@@Natalieneptune469 This is why being informed pays off. I see any market condition to make plethora of wealth. I had my 55k diversified mainly in stock and digital-assets which has grown by 3x in the past 7 months with compounding (credit to Nicole Ann Sabin ) . venturing doesn’t necessarily boil down to funds but you also have to be informed, be patient and back it up with good guidance.
That guy who said housing costs in Miami are cheap is wrong. Sure it’s cheap when you compare it to CA or NY but in Florida we don’t get paid like CA or NY 🤷🏽♀️
And we Floridians,we don't pay high taxes as them.
Oh Florida don't go blue.
Florida rents will catch up to CA & NY. Pay, will not. That gap is exploitation
Miami is cheap coming from LA, I’ll be moving there later this year working remotely keeping high salary loving there ..also will be able to keep more of my money since Fl has no state tax can’t wait 😛
@@micalcre8ts Watch out. People have been saying that exact sentence since the 1990s (maybe even before). What happens is that high salary position has a corporate re-org or layoff in a few years and boom you're out of a job and need to find a position in Florida's intentionally suppressed low wage market. One of the key selling points Florida pitches to relocating corporations is "we have a cheap labor force". Just saying, I've seen it happen to MANY people so plan accordingly.
@@kev6030 yes I heard that’s why folks in Miami complain about their salary to what they pay out for cost of living FL does have the top lower paying wages in the nation..good point
I'm sorry, but Miami (and all of South FL) is NOT cheap housing.
True its crazy I saw a house 270K 2bed 1 bath that needed full restoration
Be glad you're not in Sydney, Australia. A 3 bedroom house with no garage and no basement will cost you $1.6 million
@@landmark22 That would cost you $1M in the coastal parts of San Diego, Los Angeles, or the Bay Area.
@@landmark22 How much you think it need to fix up $75,000?
Lmfao facts
Austin is NOT cheap to live. It might be cheaper than SF, but people are leaving Austin too because they cannot afford rent or property taxes.
Where’s everyone going? 😂
@@ShadowRap-y5l hey from Bartlesville, Oklahoma 🤠
The Midwest has cheap rents
Of course Austin is Not cheap to live in, but places near Austin aren’t expensive at all. And Texas is very business friendly!
@@johnbush3725 Sometimes business friendly = worker unfriendly.
I lived in Texas for 10 years… employees get fired unfairly, lots of unprepared for extreme weather, you pay a lots of what they call “ city taxes “ they’re not honest and fair to workers and if you rent apartments you get $300 just in “ city taxes” they come up with a name to charge you taxes… the hourly pay it’s very low, you drive more longer to simply grocery, lots of illegal immigrants…
I’m sure if all companies are moving to Texas like Tesla did, when soon realized was no power or water after a extreme snow/ ice weather that Texas knew was coming and they didn’t do anything to prevent a collapse in power water and food.. was trash everywhere, no water or food in the store.. ice in the streets for 2 months was no water.
Tesla and others want profits but soon they move they will realize Texas it’s not the paradise and government will use it to rise prices of housing and water and power…
Because this companies moved to Texas .
To hot to humid to many bugs … to much AC all year it costs $500 per month etc
Good points! People are so irrational; they don't look at the big picture and all the downsides that come with it. Paradise lost~
As a Californian , taxes get misused , roads are bad , infrastructure is crumbling and housing is super expensive
Please leave
Ha ha. Move to another state where you have to pay a toll to use the freeway, and see how much better that is (not).
@@dsddala467 we already have and are expanding our carpool lanes as tolls
It is called the Democrats 🥴
@@pabloo_774 it’s both parties remember we have both elected democrats and republicans here in office and have had republican governors
Ironic, that all these companies that created the boom in California created the reasons for leaving California. Sure, Austin, TX looks good from a corporate financial bottom line perspective today, but so did California yesterday. Wait until all the companies moving to Austin, TX cause the same exact problems and reasons for leaving California today. When you create a booming, thriving economy it is natural evolution for high taxes, high housing costs, long commute times, rising grocery prices, rising restaurant prices, rising wages, rising car prices, rising gas prices, rising plumber prices, rising carpenter prices, etc. Over a hundred year history of USA economic development proves this.
Someone gets it, thats why Chicago is the way it is. Also wait till dems turn TX and NC blue.
What Texas has that California doesn't is flat land for miles and miles outward. Austin has the least amount of flat land, but there's still an abundance.
@@seanthe100 At least Houston,Dallas,San Antonio, and even El paso has alot of space for housing which is always a good thing. Luckily the cost of materials (such as lumber) is getting cheaper.
@@Farhankhan_the1 I live in Raleigh Durham, NC
@@seanthe100 California has miles and miles of flat land in the Central Valley. Thats where Tesla has broken ground on their new factory.
I live in Florida and it’s getting extremely unaffordable here.
If you don't generate income you will get swollowed
Its getting unaffordable every where in America I live in Chicago so so neighborhood. 1 bed room apt 1200 a month to rent. Thank the Liberal agenda and CRT for people leaving loon country 😳
@@cjhdabears7186 That’s how much an apartment here in Orlando cost. A 1 bdr here in Orlando ranges from $1,200-$2000 a month smh 🤦🏽♂️ thats IF you don’t want to live in the ghetto and want an actual nice neighborhood
Florida is red. How is Florida’s issues caused by liberals?
@@jaynyce5923 how much is one in Crime Hills?
I'm one of many that left CA for TX (CA native) and I was able to save a lot more and have the opportunity to buy a home in TX. But I miss CA a lot. The vibe/culture was way less aggressive, way more things to do or see, amazing weather year round, and much more. I am definitely planning on moving back soon and counting down the days.
Why texas though? So many CA ppl move here out of all the states . I see CA license plates everywhere here in Houston 🤦
Yeah me too(CA native)
It’s too aggressive down here
I fled my hometown of Miami in 1996 (26 years ago) and moved to the middle of the Midwest. I have lived comfortably off of $38,000 a year, for many years. I could never do that in Florida.
Thats why its called midwest.
Big ups, 47.
Thinking of doing the same thing. The intense sun and rising costs of living are rapidly aging me.
You could in Florida just not in Miami
So you left because it was getting expensive, right? Ok Is the same thing, they fleeing California for the same reasons. And We Texans either adapt, take advantage or move somewhere more chilled.
Florida is only good for people who already have money. That’s not new. Florida has always sucked for their working class. It’s only good as a tax shelter for the retired & financially established. If you need to actually work for a living, Florida isn’t the place for you & it’s only going to get worse as transplants from high income areas continue to run up the cost of living.
All true.
You are SO RIGHT!!!!!
Im in the working class and I am thriving. My familys status improved during the pandemic and continues to improve despite the idiot in the white house attempts to destroy us. The only thing that will ruin Florida is if the left ever gets a majority like in California and New York. Then the state will go down the toilet like every other Blue state.
when i have money i like to living in florida , i love weather down there
That’s some BS. I know multiple middle class (>>$100k) people who have moved to Florida and do fine. It’s much more affordable than liberal bastions of NY or California.
Love how the majority of this video is solely about the rich and powerful and not the middle of the lower class getting screwed over in every single stage including Texas Florida Idaho etc etc
Rich pay almost all the taxes. The rich also hire people. Litard politicos knees are shaking.
@@tedzehnder961 by percentage it's far less and they don't take income to avoid paying that tax
They take capital gains from their stocks which they buy back with the tax cuts that they get.
You don't know what you're talking about You're a child or a robot
Very true! This video needs to address the middle class, lower income, & hard working struggling families/individuals!
Honestly, I've lived in New York, Atlanta and Los Angeles and prices are going up everywhere! Especially in the smaller sun belt cities like Atlanta and Austin. Most people I know in the Bay and LA don't want tech companies here. In California that industry is very responsible for driving up rents and further expanding the housing crisis here due to gentrification especially in the Bay Area and Los Angeles. Maybe rent and housing prices will go down eventually. Good luck Austin! Soon enough you'll be paying 10 dollars for a coffee in too!
Man Austin is mad expensive . I rmbr when it was just a “small” city here in texas . Now it’s the most expensive city in the state without a doubt ! I can’t believe how much it’s changed in the last 20 years .
I live in the Tampa Bay area of Florida. Our housing prices, and cost of living have gone stratospheric. Fortunately, we bought our house back in 2012 when it was cheap. A few years ago the house next to mine was bought by a couple from California for a price no Floridians would have considered in their wildest, wettest dreams. Then two years later a couple from Massachusetts bought the place for a big chunk more than that. It's insane, it's unsustainable, and sooner or later it will crash.
I can do you better. I'm from Miami. I purchased my *townhouse* in 2014 and paid 140k. Today? It's valued at *half a million* 🤯 I still can't believe it when I say it. For a 3/2 townhouse.
of course it's sustainable. the population of the US is growing, people are living longer, and we have limited space for desirable housing.
you actually think the prices will COME DOWN?
@@RobertMJohnson The only way it would be sustainable would be if incomes kept pace with rents. They haven't. Real income has been stagnant for 40 years and rents have increased at 2-3 times the rate of incomes. Something's got to give or sooner or later rich rentiers will face pitchforks, figurative or literal.
@@RobertMJohnson prices are going up and yet individual purchasing power is going down. This is sustainable?
@@RobertMJohnson it happened in 2008
If California’s taxes are so high, why then do all the rich people still live there? Same goes for NYC. The wealthiest people in the country live in California, New York City and Washington state. To hear the conservatives say it, you want to keep taxes low so rich people won’t leave. That doesn’t seem to be the case in this country. If that were true, why not go to Mississippi, Arkansas or West Virginia? Got plenty of “freedom” and low taxes in those states. As for people leaving NYC, I have been hearing that every year since as far back as I can remember (and I am 65 years old). NYC is still flooded with people.
New York State pop. might have fallen but NYC is growing.
@@Farhankhan_the1 Completely right, the availability of rentals in new york city is at a lower point now than it has been in decades. And rental prices are higher now than they were pre-pandemic. If people were leaving in the numbers they claim, this would not be the case.
Right wingers complain about the taxes to advance an ideological agenda, of course. But there are plenty of “red” states that have high taxes too (I live in one). The real issue in NY, CA, et al. isn’t so much the cost of taxes, but the cost of everything else, which results from the enormous economic rents that landlords (in the broadest sense of the term) extract from the populace.
Rich people pay capital gains taxes... Which are 15%. And most of the time they can afford accountants and tax lawyers to help shield most of their income from taxes. That's why they don't mind high tax states.
@@Farhankhan_the1 no its not. Luis Rossman has debunked that claim multiple times. Rents are going up because there are less people will ing to pay those rents. The commercial real estate companies can't lower rents because doing so would decrease the value of their assets and could lead to them defaulting with their banks. Thus, they are now raising rent on those who have stayed in an attempt to cover the loss in overall occupancy.
Long story short it’s cheaper for the executives because they don’t have to pay as much in taxes and are allowed to have workers in poorer conditions and lower pay because regulations aren’t as tight in other states like they are in California. Basically the same people that raised the cost of everything in Cali are now the ones complaining about it.
Bingo. They thought these business owners didn't have any other choice except for put up with the increasing taxes and regulations.
Exactly. "Anti business". No, pro worker. What do they think will happen in Texas when all the tech workers, and adjacent fields they bring with them, continue to flock there. Get ready for a blue Texas, and more whining.
It is bad that you can live just as well in other states for 50% of the income it takes to live in California.
Plain and simple, socialist tyrants have destroyed this nation.
@RN G An imbecile declares: "Unfortunately, the internet has a short memory."
'Unfortunately', _you_ haven't a clue *what* 'the internet' is.
The Internet is a vast network that connects computers all over the world facilitating communication. It's memory is virtually limitless.
I'm a fan of taxing these corporations. if you aren't willing to share your profits with your employees and instead do stock buy backs and massive senior level pay raises you deserve to pay high taxes. we need to completely cut tax loopholes federally and create a tax incentive system where you pay lower taxes if you pay your employees better or pay a larger portion of their benefits.
Cory Chin you have so much to learn.... Please research your position; specifically on what corporations are, how taxes affect employees, what taxes are actually used for, and what a tax loophole is.
If you tax them harshly they will leave for other states or countries with lower taxes. Let them keep most of what they earn if they hire a lot of people.
@@eminescueliade4206 I doubt they would leave and I didn't say tax harsh but they don't pay any federal taxes and alot get tax rebates. They need to pay at least 30% to federal.
The reality is that the rich don't pay that much in taxes. They consistently find loopholes to pay much lower rates and hire the people that find ways around what the general public pays - this is well researched and established. As Leona Helmsley put it 'only little people pay taxes"!
It's disgusting and dead wrong and needs to stop now.The rich need to pay their taxes. Ugh
Yes!
ditch the income tax, slightly increase the sales tax and you remove all tax loopholes.
It’s true and frustrating as a poor or middle class person that the super rich don’t pay taxes at as high of a rate as poorer people. However, this is a global issue and phenomenon. Yes even in Nordic countries the super rich commonly find ways to pay a lower percentage of income taxes than their lower and middle class counterparts.
And it likely has to do with 2 things. 1) Part of the result of becoming rich through business is being willing to take huge risks. So we structure things to motivate people to take the risk of leading a business by not having to be taxed as much. If the business is successful, all of the people they hire and the products or services can be taxed at a decent rate. Also, 2) the more money someone makes, the greater incentive and resources that person has to save every percentage possible by using tricks. Many tricks aren’t even something that the United States alone can fix but require international laws and regulation. And those in particular are really difficult to pass. We can and should do more to address some issues. But in some ways it’s a losing battle to focus so much on the percentage of taxes paid for the income of the super wealthy. It might make more sense to tax expensive homes or luxury cars or expensive art or renovation projects or gold or inherited wealth. There could be a premium tax for buying a large quantity of resources which increases someone’s carbon footprint. Especially if it isn’t even for business. It’s not as if really wealthy people make most of their money from their paycheck. Usually the vast majority of their wealth is in the form of stocks or assets.
You guys seem to forget rich people can leave your state/country 😆
You need to have rich people in the community. They create jobs/buisnesses. And are big consumer of services
Treating rich people like some ennemy you need to punish or go after. Is very counter productive
Did all the very rich people who left california did any good to that state? Now its harder to find a job and good paying job in california. Cause the rich people prefer to build their buisnesses in another state or another country
I don't see this as being an issue: spreading the wealth in the country is actually healthier for the market and people. Less pressure on California's real estate market will help.
Until tax revenue drops, and they’re not able to spend the ways they promised/planned to
@@kayne24 they’ll just raise the taxes on the idiots left
Nope! Spreading the wealth is bad, you should get to keep the money you earn! And they still cannot fix many problems despite high taxes
@@johnbush3725 that is not what they mean. they are saying people making high paying jobs moving to locations with lower paying jobs. it adds gdp to the states they are moving to
@Joscha Wexler 🤣😂🤣😂
I grew up in California, we made it by living with many family members in one household. When it was time to go to college I chose a ‘safe’ career instead of my passion which is design, to pay the bills/mortgage. Two hour commutes each way aka 4 hours. We left California and now have a better quality of life.
You are still in college or started working ?
well i can only hope you left the bad politics that got that state there in the first place, back in california.
@@johnnylego807 This whole country has bad politics. Arizona is going down the drain and it isn't even close to what California is. And homelessness is going up at alarming rates in Arizona. And the crappy zoning laws and building codes do not help one bit here.
Last year, I worked for a company that was based in NY, and now I work for a company that just moved from CA to TX. What I have found is that most people from CA or even NY are a lot like me, we all want the same things but the governments we live under want different things. My point is that the people aren’t the problem, the governments are
You get the govt you voted for, what is there to complain?
@@dawnreynolds2991 That's not true - the electoral vote does not reflect the votes of the entire state. The northern half of CA excluding SF would rather break off and be it's own conservative state of Jefferson. Just not enough people or money to compete.
Not really. I live in Florida and most New Yorkers come here and just bash our Governor and overall politics. They want my state to be like the one they fled. They aren't smart enough to realize their views and votes are what destroyed their cities.
@@cknorris3644 I should’ve clarified that I was mostly talking about the working class, not rich people in New York who can afford to come down to Florida whenever they want
I live in Florida and this mass emigration from different states is beyond annoying. For people like me just moving out the rise in the cost of living is hitting extremely hard with the rise of rent and utilities. It sucks.
You have reading skill issue. The topic if From said States To other States. Not the other way around.
Lies again? After Dark X Green Pink
I am with you
Emigration? Haha
Dude just said Miami housing was cheap.
I lived a 45 minute train ride outside NYC for years; the (large) houses in our neighborhood cost a quarter what they would in Miami. Closer suburbs cost about the same. Comparing apples to apples, you’ll get more bang for your buck renting an apartment in Miami (space, pool, gym) than an apartment in NYC…but I don’t think young families are moving to Florida to raise their kids in an apartment.
I lived in Miami, too. You’re not gonna find a nice house in a nice neighborhood for less than $1M. More like $2M to $3M for neighborhoods that are actually nice to take a walk in...most Miami neighborhoods often feel Central American and, so, really utilitarian. You’ll need two cars, of course, because the nice neighborhoods aren’t close to the metro line. So add at least $20k to your budget. Traffic is often as bad as NYC so add 30 minutes to every leg of every trip.
RIGHT. It's not cheap, at all. People don't get paid very well either to make up for the high cost of living.
Actually there are a few nice neighborhoods on Central Miami: Biscayne Park, Miami Shores, El portal, Morning side,
@@shedydee4962 thanks for the recommendations; the neighborhoods do look nice. They’re a bit further north than I’d imagine living, but your point is well taken.
I lived in nyc & jersey and currently live downtown Miami and can vouch for this. You do get way more for renting(like my 2/2 apartment and amenities is far less than nyc..but you definitely need to pay 900k/1m for a decent home here in like coconut grove, south Miami etc
@@jaredflurry937 coconut grove and coral gables a good neighborhoods. The peacocks and roosters are nice too
We need to let California & NYC just continue on their path. If the wealthy people living their don't mind the high taxes then why should I. I personally left LA back in 2016 and moved to Orlando, but for me it financially makes sense. I'm not rich so for me the ability to keep my same level of income and buy a home closer to family was a no-brainer.
Family is more important than taxes. Glad you got a win win.
I left NYC in 2002 for Texas. Best thing I EVER did. Life was so affordable. Schools for my boys were awesome, light traffic. Fast forward today, the secret is out. And its all going down hill. Crowded, and it has gotten extremely expensive. Not to mention that those coming now are changing the political ground, forgetting the reason the got here.
@@JJ-mn8md I left LA in 2002 too and yeah everyone and their mother is now moving to Dallas
“There”. Not “their”
@@kanegrey7697 wrong
I recently took a car trip across the US and was shocked by the number of California license plates I saw. The exodus from that state must be worse than what the media reports.
Other people takes trips too pal......
@@mpls1982 I do know a lot of CA peeps left.
@@curtissharris8914 I see lots of Texas plates in Minnesota. Now what.
There’s 40 million people living in California…
Sad
I think it’s great if people are happy moving out of California. I’ve lived all over the country and still prefer California. Everyone is different.
Are you married ? Have any kids ? No. Get back to us in 10 years when you've hit the wall and your best pal is a cat.
@@matt75hooper wow, why so bitter?
@@matt75hooper You must know a thing or two about hitting the wall and having your best pal being a cat.
California is a paradise the beaches the mountains everything is gorgeous
@@raymelendez6525t’s a paradise all right, i love waking up to the smell of Poop from vagrants using the public sidewalk as a latrine. outside of my apartment window as i drink my coffee and stepping on 4 heroin needles as i walk my daily commute, then get attacked by several homeless junkies that are high out of there mind. Wonderful place.
I’m 11 mins into watching this video, I have not heard any CA officials or academias mentioned the high crime rate & so many homeless ppl living on the streets as other big incentives for ppl to move out of CA.
In my last visit to San Francisco, I personally witnessed an afternoon robbery in Walgreen & homeless ppl living around my hotel. I feel that I won’t visit SF again.
Just wait until they finally pass Calcare and put everyone regardless of status on their state run healthcare. You think Cali is flooded with homeless, poor and undocumented, Cali wil be overrun and they can only tax the rich si much, the rest will fall on the middle class to carry the burden. It did not pass this year but eventually it will, hopefully I will be out of California by then.
I was there in the 70s. It was a beautiful town. Now it's a dumpster fire. They can keep the whole western coast.
In point of fact, 8 out of the 10 cities with the highest crime rates are in “red” states. Only one - Stockton - is in California, and it’s 10th out of 10.
Also, if you would be so kind as to post a link to some local media reports about the armed robbery at Walgreen (sic) you supposedly witnessed. Armed robbery is a very serious and rather rare crime, so you would undoubtedly be called as a witness to testify in court if indeed you’re being truthful about this incident, which would also undoubtedly form a powerful memory vis-a-vis precise date, time, other witnesses, suspects accused, etc.
Far more likely that you didn’t witness anything of the sort and are just regurgitating what you’ve heard on Fox News, but please do go ahead and prove me wrong with court records.
Crime and poverty is the dark side of capitalism's (exploitive) "success".....
Also those who have been moving to “cheaper states” are just in the beginning of CA’s growth and will see cost of living grow like crazy. I see it in phoenix. Houses are absurd and traffic horrible in the past two years
California’s insane policies and taxes are what is driving people and corporations out of the state. When Democrats achieved a stranglehold on political power, the insane policies and taxation began. Coincidence??? I don’t think so.
That’s the case with nearly ever state. Any relatively desirable area has boomed tremendously due to housing demand and low interest rates. Hedge funds buying 1 in 7 homes sold last year has also fueled the supply crunch.
Yup... I want my state back....Az!
@@MrJamespeyton Said the guy who doesn't make enough to live in California
I am in Phoenix and I see the same thing. However I remember the house price and inflation was totally OK and even going down in 2018_2019 time frame, I mean, I do think recent craziness now is more related to the inflation and the FED covid policy. I only guessing.
Before I retired, I was a Silicon Valley high-tech executive for 30 years. I planned to relocate and seek a lower cost of living. But after my wife's death, my property taxes EXPLODED!! I couldn't believe how much they went up. As much as I loved living in California, there was no choice but to get out.
You should have been able to take advantage of Prop 13. What happened?
@@curtissharris8914 People who don't understand how California's laws work are the ones who trash talk the most about California.
Oh no I am sorry to hear this. My Heartfelt Condolences to You and your family.
i pay $325.00 a month for lot rent in a very nice retired trailer park here in upstate n.y. no way i can live this cheap anywhere else!
The dream of owning a home and having a family are dead. Most people I know in their mid to late 20s can't afford to live away from their parents.
Tell me about it. I greatly sympathize, and it's heartbreaking as well. At least they're trying. Hopefully they can find some solace in that.
Very Sad
It is possible . You just have to be willing to live in a place where no one wants to live in with a low col.
It's not tax that made me leave. The cost of living is too expensive and it's near impossible to buy a home on an average income. There's too many people in one state and it's not a bad thing for people and companies to spread out across this huge country.
Then everyone moves to the same place and boom same issue…
Dont vote democrat when you leave.
I left San Francisco in 1995 because the cheapest, most beat-up homes were 5X my gross salary. I realized that as a single person I could never afford to buy a home there. Moved back to Houston and I was able to buy a nice home and travel on my own salary.
I want to see how this story goes now that mandates and companies require people to come back to the office and how rents are skyrocketing in those cheap states.
Exactly...reverse remote work is happening...
just wait 30 more years
@@bm.3759 uh?
That's FALSE
There is no evidence to support any of what u said.
Switzerland proved that by having taxes as regional as possible, competition keeps such taxation low as the cost of relocating businesses and residences are low. We're just seeing relocating businesses and residences augmented by telecommuting becoming an alternative to paying state and municipal taxes. Businesses are just not as tied by geography as they used to be or the taxes have just become high enough for them to undertake the cost of relocation.
Their population is 8 million
@@herrylaw3196 the don't spend $1T on the military
At this point I need to know where rich people are NOT migrating to.
Right?! I'm trying to find out so I can avoid those places 😅
Oklahoma, Mississippi, Alabama
Louisiana, West Virginia, Arkansas, Alaska
Michigan
@@tic8259 You are so right.HAHA your joking right?
I'm from Florida, but I left in 2016... it is quickly becoming the rich mans paradise, but it was never cheap to begin with. It was the cheaper of California and New York, however, Florida was always expensive.
WTF are you talking about. Florida isnt as expensive as California. And in 2016 Florida costs half what California costs. You are off base.
@@bhalps Psh, it was too expensive back then, especially for what it was. You were not even in FL in 2016 & yes Florida just as expensive as Cali. Go away troll. You don't even live in Florida.
@@richardmossy5540 I lived in Miami Florida all my life except for four years when I lived in NYC. NYC was double the expense of Miami, the cost of housing nearly triple. I'm not trolling you dude. I have an MSIRE from FIU, so this is the kind of thing I study religiously. You left Florida before one of the largest price appreciations any state has ever experienced ever. It might be a bubble, but it happened. I've lived in Florida since I was born in the 80's lol. You could buy a modest house in Coral Gables in 2016 for 400k to 500k... mind you that's the nicest part of the city, the Beverly Hills of Miami. Now its double that, quadruple that if its a house on the water or on a canal. I know because 2016 is when I bought my house in Coral Gables. BTW prices did trickle down for a second after IRMA and interest rates rising, but whatever, just ignore facts. In Opa Locka/Miami Gardens, and areas like that, you could buy a house for 125k in 2016, 75k in 2013, and now 250k. Don't tell me it wasn't affordable, that's not me trolling you. Inflation is inflating the prices everywhere! Rent is still going up in CA and NY even though they are losing people. They are losing value, giving you less, and charging people more for that privilege.
@@bhalps I live in Coconut Grove and I approve this 100%.
@@bhalps I'm not from South Florida & stop giving yourself thumbs up. My part of Florida was never cheap and never had jobs. And still doesn't & is still expensive.
My hubby and I had a conversation last week, perhaps moving to Oregon, Arizona or Hawaii. We considered the Pros and Cons, we ended up with the decision to stay in the SF Bay Area. We love the fact that if we want to go to the ocean, the forest, up to the snow and the desert we can do so within a few minutes or hours, that’s what makes California special. Every state has their own set of problems, we focus on the many beautiful hidden gems in California. Everytime I see “House For Sale”signs, in a few days its Sold, there are still people outbidding to buy homes in the Bay Area. If there is an Exodus, there is also an Influx too. The temperate weather, or micro climates is so much better than having the extreme hot or cold which will cost more money out of pocket. We do pay a price for living here in California, it’s worth it❤️
I actually thought about leaving New York for a number of years, but looking at the skyrocketing cost of living in other states, among other factors, has made me realize that this isn't such a bad place after all.
I have a spacious, comfortable house in a lovely neighborhood and the daily commute to my job in lower Manhattan is relatively quick via rail and subway. Crime is also not just simply confined to New York, as a number of people would have us believe: states such as Alaska, Texas, Idaho, New Mexico, Tennessee, Nevada, Missouri, Oklahoma, Colorado, Louisiana and South Carolina, just to name a few and not in that order, were ranked as having high crime rates compared to New York, despite the bleak picture painted by the recent surge might be suggesting.
I love New York. It is expensive living here, but we have so much to offer. The entire northeast is a global powerhouse.
Your source is wrong. Must have been MSNBC
@@DTMyles Not without oil and gas it's not.
@@KB-ke3fi We don't need oil and gas, dummy. We have everything else in the northeast. We are where the majority of the wealth reside.
I've been to NYC there is not enough money you could pay me to live there! There is absolutely nothing it has to offer anyone. Unless you like to live in constant fear of criminals and police. Not to mention you have to make way more money to live there. Nope....never !
I grew up in California. Recently we got a job in Oceanside and looking for a rental unit is incredibly frustrating. We ended up getting a $1,350 studio and were lucky to get that. I have no idea how the average worker is making it in Cali
That’s a 3 bed, 2 bath in Texas
You’re a fool paying that for a studio!
Any amount of money is worth not having to live in the toilets called Texas and Florida.
@@Jesseg-rj6xf texas is even more of a natural disaster waiting to happen than California
@@Jesseg-rj6xf Thats awesome. Enjoy it while it lasts. Californians are going to drive up Texas's costs
The woman living in Austin saying, "you can live 20-30 mins from the away (from city, I assume) for 300-500K." LOL. Maybe 10 years ago. The cost of renting and real estate in ATX is absolutely skyrocketing right now because of CA and NY people moving here. My rent just went up 20% because of this. I'm now planning my Texas exit.
Bye bye
Oh noo. Boo hoo. Would you look at that. The tables have turned. 🤣🤣
An influx of people is not going to make things more expensive unless there is a shortage of housing. Which there is because of restrictive zoning.
CA has some awful problems-- homelessness, high rent, traffic. The reason all these problems happened is because the rich homeowners in CA tried to exclude everybody else from their city (which is still happening). So they made it illegal to build more housing, and clearly that leads to a housing shortage. The reason Austin is getting so expensive is because they're making the same mistake. Albeit not to the same degree.
@@mariusfacktor3597 you have your information all wrong about housing laws and you clearly don’t live in California. Many states have a homeless problem. Traffic is in a lot of places also, but we have better public transportation than Texas.
@@californiamade5608 I moved from Austin to Los Angeles. I'm seeing both firsthand, and there's mountains of evidence and experts on this issue that say what I'm telling you.
LA and SF have some of the worst homelessness in North America. There's also a housing shortage because many cities in CA have banned building more housing for decades.
Take Santa Monica. In 1970 the pop was 88k. In 2022 the pop is 91k. Wouldn't you think in 52 years more than just 3k people would want to move there? I sure would. It turns out they banned building more housing units for 52 years. And it's not just Santa Monica, it's also Long Beach, West Hollywood, Pasadena, Inglewood, Newport Beach, Los Angeles... the list goes on and on. They made it nearly impossible to build more housing so of course you would end up with a housing shortage.
For a county with 10M residents (the most populous in the country), the public transport in LA County is pitiful. That's only half of the traffic problem. The other half is the layout of the area. It's very low density sprawl with businesses and residents separated by horrible zoning so that no businesses are walking distance from your house.
But you're right that Texas has crap transportation. DART is not extensive enough. Houston has decent buses but that city is a sprawling nightmare. SA has no public transport. And sadly Austin has nearly no public transport-- but they are planning a meager metro.
I retired to Florida from Connecticut five years ago. I am generally happy here. But I don't see much of a difference in cost of living... Property taxes, rents, real estate, insurance , food etc are expensive here...
That just happened now.
Atleast connecticut has good public transport.
I have been to California, New York and Florida. I would never live in Florida, it's beautiful and fun to visit but I wouldn't want to live there. I used to live in New York and loved it. My sister is in California so I just visit. It is going to be interesting to watch these areas over the next 5-10 years
I hear you.
If people move to a new area just because it's cheap, it won't be cheap for too long.
There must be other reasons to justify moving (climate, access to natural resources, proximity to borders) and nothing beats California
Unfortunately 40 yrs of excessive Left policies have substantially degraded the state.
I'm entrenched and can't stand flatlands, love the High Sierra backcountry, climate, natural landscape, otherwise would probably be packing too.
@@Mrbfgray Floridian here. Rent has doubled since I moved here 10 years ago and we've had nothing but Republicans. Houses keep going up too. Which Right policies will help the average Floridian during these tough times?
@@brodiapunch FL is a 'free state', so naturally everyone is fleeing the Commies and driving up prices there, TX, etc.. Plus the reckless shutdown disaster will still be paid for by your grandchildren. Did you expect no consequences for insane political policies?
Maybe you'd prefer NYC, Los Angeles or Frisco progressive disaster areas? Realize that being anti-leftist does not mean being Republican, it's not a binary world.
@@brodiapunch I've lived in Commiefornia for 42 years now and if you don't get why Florida and it's politics are better, then you don't understand economics. I'd happily trade you my place in CA, for your place in Florida. You can enjoy the high libtard taxes, the crime, the homeless people, the illegal immigrants, the fires, the water shortage, the riots, the lockdowns, the high real estate, the collapsing energy grid, and the state corruption that is Commiefornia.
@@brodiapunch People that think like you are exactly the problem with New York and California. We dont want or need the government to control rent or home prices. And unlike California and New York we dont have a government that thinks over regulation and over taxation is ok.
When he said cheap housing in Florida I laughed. Lived in Miami for 10yrs. Loved it. It was beautiful and warm, but with low wages and insane cost of living we couldn't afford to enjoy it. There is absolutely no affordable housing. We moved to Ohio 50 miles southeast of Cleveland. Currently lots of jobs and cost of living is low. Now we can afford to go on vacation whenever we want. We even bought an RV.
Wow,I am hearing Florida is so much cheaper and better than New York.
@Donald Thompson Yes,I know.
$130k in San Francisco equals $75k in Dallas, not including taxes.
I've turned down lots of jobs in CA, not just because of taxes, but that's part of cost of living
Companies are always willing to move where they can get away with paying slave wages. Florida salaries have always been extremely low, but their cost of living keeps going up, let’s see how long they will get away with pay low salaries.
As a native Florida is being destroyed. Cost of living is out of control, the average person is finding housing difficult. We are paying for their failure of liberal policies.
Um, the Governor DeSadness is an all out GQP Republican who just picked a huge fight with one of the number one employers in Florida, Disney World. But failure is due to liberal policies??? Can you explain what specific policies? I tend to view policies as intelligent and well thought out, or not. Not as left or right.
Hahhahahaaha. Those liberals are the reasons for Florida being an expensive dump…. Right. Florida has been overwhelmingly republican. Here’s an idea, maybe stop blaming political parties and look at the big picture.
You seem uneducated. Stop commenting on UA-cam. High rents are a result of free market capitalism. Socialist policies such as rent control are meant to curb rising rents.
Dude, Florida is not being destroyed. Your Governor is a Klanman, your guns are rampant, you can put a baby in any woman you choose and get away with it, AND you get to do it all while enjoying sunlight.
This comment is just silly Tom.
Ever since Silicon Valley became, local California government raised absolutely everything, from housing to property from food to gas. Nobody’s fault but your own.
I had many premonitions many years ago. Back in 2017 got a 35' bus style motorhome and been living in it ever since. Life is easy and peaceful. Little bit different from house life but not in a bad way. It was a healthy change for me. Best wishes! Hope all is well and safe. Let's all try to be nice to each other & get along.
💪🇺🇸💪
You must rent the Lando that you put your motorhome on and that can be expensive
Where do you park though? Some parks are insisting the motor homes they will accept be no less than 10 years old. Many areas don't even allow motor homes. It seems most dwellings have issues these days.
Perhaps allowing some type of "Tiny House" devopements could be a remedy. McMansions seem so 'Passe'... OR.. perhaps there are simply too many people on this planet?
Personally... I can't take seriously any country that can not even create affordable housing for its citizens.
@@faithrada too many people, people NEED TO STOP BREEDING!
@@ladybug5859 and they only allow you to stay for a short time - that is what I have found anyhow.
What premonitions?
Living in Florida, people from all over are moving here and people are milking it all they got. Increasing rent, increasing everything. It’s starting to get really annoying because no one is stopping people price gauging the market. I think it has to do the with US government and their issues, but I have to live with my parents cause i can’t affordable 1 bed thats not 1400$ a month
Right. Jax, FL here. Housing has exploded and you think teachers for a raise to accommodate that?
I do think California need to have a less aggressive tax structure. But I seen many example where people move to California from out of state get paid more due to labor restrictions and having to be paid proper overtime. People complain when they pay taxes but don’t mind getting benefits from them.
People get paid 30% more but then have to pay 50% more for housing.
I think it works better in Europe and Canada, because whole countries have strong labour regulations and taxes are very similar wherever you go.
@@AleksandrStrizhevskiy supply and demand baby
I don’t think the tax structure is the problem. The problem is how that revenue is spent. We need to build more housing (of all kinds) here in CA. That would bring down the cost of buying a home & even the cost of renting one. We also need to better our public transportation here in LA. That would help lower traffic. We’ve already seen that building or expanding highways doesn’t lower traffic.
Paid more? In what sense? California has one of the lowest home ownership rates and highest homeless rate
If you were to adjust for cost of living California would have the highest poverty rate
Florida does not have cheap housing or cheap cost of living. Rather you pay a lot more for what you get. There had always been a housing and COL premium on Florida but now it’s out of control.
As someone formerly in banking (as of early this year before I left), cost of living in the areas with jobs in Florida is extremely expensive for most earners and with the influx of people coming here it only goes higher. One of the biggest issues in Orlando is public transportation and the lack there of. So even if you live further out where it is cheaper you're losing that in time, wear on your vehicle, and more.
Correct - Flordia is getting saturated
Florida has always been expensive! I lived there 2002 -2004. Felt nostalgic in 2015 and went back. Place over run with illegals and everything was exspensive! Left after a few months.
For reference, I moved for the job and am moving out for a job. Florida, like America as a whole, needs to focus on helping the folks at the bottom first. Until we do that, these problems are only going to get worse.
@@googlebanmetoomuch2601 illegal what?
@@jorgesalazar818 People, mostly from carib & Mexico who came to work the seasonal fruit industry as needed then go home with their earnings to spend outside the state.
24:05 It’s really “incredible” if you’re wealthy, sir. If you’re working class or on a fixed income you’re seeing your standard of living decrease drastically or being gentrified out of the state you’ve lived in all your life altogether. The wealth gap here has gotten really bad.
As long as people conflate the price of property with the value of property, we will continue to have policies that prevent the construction of enough housing to reduce the desperation that continues to inflate home prices.
Problem is the wildly inefficient and low quality developments. Instead of proper planning of efficient, higher density, short distanced cities, we’re getting Southern California, Phoenix, Denver, cities upon cities, developments upon developments, highway upon highway, the pointe at this, the commons at that. What makes the prices so high, they’ll only sell for what someone will pay. These Ryan homes going for “starting at the mid $200,000’s” that are only worth less than half of that. How is it that they have to be concerned with people making less than $100,000 per year. Most people make well under that. If you make more, good for you. The smart wealthy person doesn’t spend most of what they make, that’s how they remain wealthy. I could make $300,000 per year, there’s no reason I ought to be out half that for housing.
@@jaysmith1408 I also wanted to bring that up but didn't want my comment to get too long and complicated.
I waiting for Elon musk house 🏡$15000.00 box all
What's the difference between the price of property and the value of property?
@@dwayne_ the price of property is the amount of money exchanged when buying/selling it. The value includes the quality of life it provides for the people living there and the community around it.
The influx of people moving to Texas will raise housing prices and other cost of living indices, so that over time Texas becomes the next California. At that point, the flow of businesses will go elsewhere. Texas will boom, just as California did, and have all the same issues.
Yup. Rinse, wash, repeat.
Exactly. It’s already happening. Houses that where 200k now 500k and they’re nothing special
The biggest problem with Texas is the refusal to raise wages to keep up with ANYTHING.
15 years ago my employer was paying $10 an hour which was AMAZING for Texas at the time when most jobs were paying $7.25. Now in 2022, they're still starting people off at $10 an hour...
Too bad inflation, housing & cost of living has skyrocketed, so now that $10 is worth even less than $7.25 minimum wage 15 years ago...
Texas will become the next California with their tornadoes, winter freezes, and hurricanes.
@@corey2232 if you are a regular worker from CA to TX or anywhere in the south you will take a pay cut.
By the way, the person who put together this video did an amazing job with the slide presentations, detailed charts, data visualizations, and stock photography & videos. Good job!
You think it was 1 person?
It is a multi-million dollar corporation that made this video possible.
@@nia6849 cnbc is part of comcast which is valued at 273 billion dollars.
Truth Indeed
California’s issues are not related to how they treat businesses. It’s to how they treat building and density.
The issue will persist in Texas and Florida. Once everyone has purchased a home from Austin to San Antonio and they can’t build anymore suburbs. The homeowners will fight to maintain the high property values at the expense of every other citizen, just like in California currently.
The only hope to save California is to build to capacity and drive prices down.
The only way to prevent Texas and Florida from becoming California is to drive prices down by building for future density, not single family McMansions.
Exactly… Florida is the California of 30 years ago and on a familiar path of careless growth… dense multifamily housing and real transit infrastructure is going to be key to absorb the mass growth in a sustainable way
I had to leave LA after 18 years because the rents were unlivable. No one can afford to have a life there! That was mostly due to people migrating from New York to begin with. Now I’ve been in Florida since 2018 where everyone thought it was a joke, now everyone has moved here and they’re ruining it here as well. Nobody can afford to live in Miami. It’s just the same thing over and over again. Gentrification and greed. And the buck is going to stop somewhere, very soon. We’re going to go into a gigantic housing and economic collapse and it’s all because of peoples absolute disregard for reality. Nobody can afford to pay the fees that are being asked. Not everyone is making a six figure income. Stop moving to Florida, just go somewhere else please.
Same here in TN
Lol I’m in south Florida too! Palm Beach is ridiculous a 3bedroom apt is renting for 6K a month plus $175 for parking space and $250 per pet monthly. What a disaster. I purchased in 2008 thank god!
I hear You
The rich move to some state.
They don't care, they own multiple homes in multiple states and can pay for expensive travel.
This raises the cost of living in that state.
This creates an ever growing amount of people that are priced out of living there becoming poor and homeless.
The state needs to raise taxes to redistribute the wealth to solve those issues.
The rich move somewhere else.
They don't care, they own multiple homes in multiple states and can pay for expensive travel.
Homelessness is primarily a result of drug addiction, not economics. This is a false narrative by certain activists. Actual stats show 70% of homeless in our county are meth addicts, not one of them is capable of working/earning. Most of the rest are mentally ill and also not capable of earning/paying rent. Our working poor crowd in together sharing rent with family/friends as shown in the documentary, a very small percent live in vehicles.
@@whelancommunications I'm glad you came here to "ahmm, actually". People being priced out and not having a home, needing to live in a car or relative's house doesn't make them homeless just people without a home. It's good to know that only 30% of the "real" homeless are just poor and 70% are poor *and* have some other issue they need help with. How many of them turned to drugs once they got homeless? How many had their situation worsen due to living in the street? How many are self medicating because they are priced out of mental health services? How many turned to drugs because of the stresses of being poor? Who cares? They're drug addicts.
@@FicoosBangaly They like doing drugs in warm weather state.SF is a dump because of them. Mexican fentynol is cheap so they only need to steal 10 dollars a day. Cali. wastes 100 million on rehab that doesn`t work. Have to crack heads on Lib pol;s.
My daughter lived in Orange County and had what I would call a dream job. She was heavily in debt, my husband and I helped her to get out of that situation. I just hope she does better in area with lower cost of living.
I don’t look at that way, I live in Orange County too, 20 minutes from the beach, the pay reflects the cost of living, the only thing people need really manage is their rent, because rent price keep going up! Lucky for these who bought their home 4-6 years ago, doubled the value!
Why is Orange County so anti Hispanic? As a Floridian that place has been disgustingly prejudice. Funny when you take in the consideration, the fact their failed and obvious attempt to wipe out the Mexican culture thats deeply imbedded in the area.
Orange county, CA??
Orlando is part Orange county, Florida 😛
And she’s a liberal with purple hair
@@lucyluo3898 polluted beaches, homeless and drugs everywhere. What's not to like. Oh I forgot the safety factor. Nonexistent. Familiar with 🍊 County, was stationed at El Toro, USMC air station.
I live by Oceanside. Very familiar with California.
Was like this in the 70's when I was sent here as a Marine. And it hasn't changed., my error- it has changed- it's worse.
I still live here- why? too old and sick to leave. Thanks to my daughters, who help me a lot, I'm able to afford to live here.
Low cost of living???? Rents in Miami and Orlando are up over 38% . Typically housing is being repositioned for upper incomes at the expense of lower income households. The long term consequences is Florida will have to massively increase spending on social services, public education, infrastructure etc. But the economy depends on individuals who make less than $35,000 per year not rich retirees and tech companies.
I moved from Missouri to San diego 6 years ago. I love California but, the extreme high cost of living is caught up to me. I can’t afford to live here anymore. I’m looking at Houston Texas, Las Vegas, or New Mexico. I’m hoping to relocate within a year, buts it’s gotten ridiculous here. I have no incentive to stay here anymore. I don’t care if ppl in Texas want me there, I can give too shots what they think, I’m going to do what’s best for me.
New Mexico is the cheapest, Houston is just as expensive as California. I'm from Florida and left to Kansas City in 2016. Might move to NM myself.
@@richardmossy5540 I started just looking into NM more and I have to say many ppl skip over this place. It’s a gem
@@icecold8974 I know, its def a gem!
Did he really say cheap housing in Florida? Lies. Inflation has never been higher and rent has more than doubled since the pandemic. But minimum wage has remained the same for years. You know where screwed when people making 6 figures a year can't even buy a house in South Florida when they're offering 100k over asking price. The world is in real trouble
Florida is still inexpensive compared to Cali. And minimum wage doesn’t mean matter since wages are determined by supply & demand, not arbitrary laws.
@@TheSterlingArcher16 It’s well on its way to be more expensive and it already is for most working class people. Real estate is also determined by supply and demand, yet YIMBY’s are almost as bad in FL and TX. They’re just Red YIMBY’s and not blue YIMBY’s.
Funny how some people are acting like gatekeepers telling other people where to live. All of these are inevitable and this is how capitalism works. Get in where you fit in.
This has not effected the housing cost in California at all so far. 3 houses on my street in San Diego sold for $125,000 over asking, this week.
I my self worked for a construction company and houses were being sold as the new homes were being made
That’s because black rock is buying them up and turning you all into permanent renters.
People aren’t leaving California fast enough. Traffic only has gotten worse over the decades. Housing bids are crazy. It feels more crowded every year. If you’re leaving, Thank you!
Telling people to leave when we heavily depend on tax dollars is not wise.
Moved from highly taxed, overbearing government Canada to Florida in 2021 and both quality of life and affordability is so much better here.
Not for us who live here. I've been priced out.
Little Bird, let's hope you still feel that way once you get a BIG, US Medical Bill. Will you stay in the US, or go back to the "overbearing Canada Government"?
Enjoy holding a bake sale the next time you need to see a doctor.
I lived in Florida. Loved it! BUT wages are so low and housing so expensive, I moved to Ecuador and work remotely. Now I get to save money.
With road construction in the DFW area, on the highways, creating WORSE problems for traffic or doing nothing to make it better, and I've seen this on 3 - 4 different big road construction work on highways now in the last 10 years, with all the movement into DFW it's starting to become unbearable.
Texas is also too gun happy and more and more people are dying on the roads by people getting upset with each other. It's also TOO conservative to me as they attack human rights.
No, I wouldn't start a business in Texas. I wouldn't in CA either and not for part of the reasons given here but the entire West that depends on the CO River is creating a huge disaster and with all the water pulled from the ground and rivers, THEY are creating a good chunk of the fires they deal with because as you pull ground water, it drops aquifer levels, which in turn drops the water table, which in turn means many of the trees that used to have roots getting into wet soil, not anymore, and you have places burning there that never used to burn in N. CA which breaks my heart because I spent years there and I loved living there other than the cost because of so many things to do there. So that's why I couldn't move a business there because it would add to the environmental disaster that too many people living in arid conditions creates.
Life long NorCal resident here, moved my family and business to a midwest state in 2019 and even though it's a very moderate purple state it feels practically libertarian by comparison. I actually get to run my business now instead of running around 24/7 trying to keep the state of California from shutting me down. I get to spend real time with my family instead of stressing myself into an early grave over the state of California doing EVERYTHING it can to effectively end my life and destroy my family. Leaving California has been the single greatest and most dramatic economic and quality of life improving choice I've ever made. You don't even realize how bad that state is until you leave it for a while, the nice scenery there just isn't worth it.
It's going to be hard for miami to be a tech and financial hub when the school system is so bad, spanish being the primary language here, the people who move here are mostly running from a broken countries, most of the wealthy people in miami don't make their money in miami; their money was made in another country or city. Their's a lot of issues with South Florida; you can do a never-ending series on miami alone.
Anything South of Palm Beach has a lot of similarities to overseas economies and cultures. Regardless, those people that don't adapt or can't afford the rapidly rising costs of living will be pushed out completely.
Cost of living is skyrocketing in all of the “cheap” cities. I live in Omaha, NE and the price of a typical 3 bed, 2 bath single family home has shot up from less than 150 right before the pandemic to well over 225 today. Still cheap by west coast standards I guess, but incomes haven’t risen by anything even remotely close to that. And that’s if you can even find a place to buy - speculation is so out of control that houses often sell mere hours after they’re listed. So if you’re a normal person who needs financing and is looking for a house to actually, ya know, live in, good luck. I have family in the Phoenix area and it’s even worse - that 1 bedroom apartment that was going for $850 5 years ago you can now expect to pay $1500+ for with no end to the exponentially soaring cost of living in sight.
Also, big LOL at the clown in the video who calls Miami affordable. Yeah, maybe if you’re living in an alligator and crystal meth infested trailer park where you don’t even need to set an alarm because you’re awoken by the sound of gunshots every day.
So yeah, I highly doubt that these are long term trends. The “race to the bottom” being pushed by Corporate America only works when there’s a significant difference in cost of living between different municipalities, and the gap between the expensive (NYC, Seattle, SF, LA, Boston, etc.) and cheap (Austin, Dallas, Atlanta, Phoenix, Tampa, etc.) major metro areas is closing fast.
When he called miami "cheap" I couldn't stop laughing. I've looked in the market for a house/apartment in Miami and it is anything but cheap.
Agree
@@vgxezo7371 Miami’s housing market surpassed LA, while paying 15-20% less in salaries…. LMAO
@@wallysan31 Yep, it seems that the market is being flooded with speculators and rich finance people from up north who need a winter getaway.
Yep...pretty soon there won't be any "cheap" place in the USA to run to. We'll have to look outside the 🇺🇲for cheaper housing
Seriously, these tech companies motives to move to Texas stemmed from their desire not to pay their fair share of taxes and the other to control their workers without legal recourse.
Texas is an at-will state which means these companies can fire and replace you without almost no judicial impunity. Texas is also not very union friendly, something that Elon Musk is very happy about. Exploit the workers, exercise all the racist policies that he was cited for in California, without too much legal recourse.
As it stands, the wages in Austin aren't keeping up with the economic times, similar conditions to California. So, moving over here is going to be a struggle to get workers.
Moreover, these companies came over here for the tax cuts and the welfare the state gives them, all funded by the taxpayers. They don't really have much to lose if they fold up because the taxpayers will absorb the losses.
Your mental outlook needs to stay in California. We like our state as it is.
Northern cities like NYC, Boston, Chicago, Detroit need to understand that people don't like winter that much. When you increase taxes and regulations then why would anyone want to stay in those cities? Tech jobs go to these warm areas like austin, miami, phoenix that are less taxed and less regulated
NY is still growing pretty quickly.
just wait another decade - those cities with those winters - will be sought after
And many people don't like the heat either. Try living in the desert States when it's 120 degrees every day, or Florida when it's 90 degrees with 100% humidity every day. No thanks! These States are only tolerable certain times of the year.
The cities you mentioned have one Industry- Government. The Private Sector is dead in NYC BOSTON CHICAGO etc. Everyone that works in those cities works for Local, City, State, Federal Govt. And of course- one of the largest departments of Govt---> College & University. Detroit is a shithole of epic proportions. If you're not a Boo you would never consider that dead city. When you're a union firefighter, cop, nurse or teacher making $175K a year- you find ways to stay warm lololol. There are Boston Cops making over $200K per year doing absolutely nothing all day. Same for firefighters.....the closest they get to a fire is the BBQ Grille behind the fire house.
It mostly has to do with the fact they are all run by ultra liberal local governments who do nothing about crime, take all they can from their tax payers and return nothing but bad roads and high rents. Or just blame it on the winter lmao.
These other areas will face the same problems of high housing costs and traffic unless they build dense housing and public transportation. That’s the only way to scale up. That’s the biggest problem here in California. You can’t scale up with single family homes and cars.
well here in Texas in the bigger cities, pack-n-stack, 4-story ENORMOUS apartment complexes are going up everywhere, and have been for several years. But Texas is still a one-driver State, and the public transportation really sucks here. We're a good 50 years behind the curve on that. I highly doubt we'll ever catch up to what would really be a boon to the growing population. But then again, the US will never catch up to the public transportation infrastructure of the UK and Europe anyway. And now, with skyrocketing gas prices, all that driving may come to a screeching halt.
@@jekku4688 No reason why US can't catch up to Europe's public transit and walkable neighborhoods (bike infrastructure, etc)
Maybe the answer is not to scale up. Are dense cities still even needed in the 21st Century with modern high speed telecommunications?
@@jekku4688 I agree. Texas should be nearly finished with a bullet train network that rivals Japan. Yet, we're still trying to upgrade old two-way highways that were built for an agricultural economy.
Florida is already overbuilt with urban sprawl and much of it done with improper drainage thanks to corrupt local governments. We do not need more buildings as we are already swimming in flash floods after every sprinkle of rain here.
These people who moved out will not be able to afford CALIFORNIA when they move back in......
I thought it was crazy that my neighbor, in Florida, sold their house for $736,000 and bought it for the mid 200's less than 5 years ago. The people that moved in were from out of state.
Sounds about right.
It's crazy. My parents bought a short sale house in FL 11 years ago for $150k. Now it's worth $450k or so.
This has been happening in the portland, OR area where i grew up as well. In just 5 years rent had gone up 80%, it's quite unreal. I imagine affluent people who have the flexibility in their careers or are retired get tired of the cost of living in CA, NY, etc. And places like texas, florida, oregon, have become the new places to be. Problem is however that the money follows, along with the drug issues, homelessness, etc. From 2013 - 2018 I personally witnessed an 80% increase in rent, raises in taxes, double the amount of drugs and homelessness, and the city (portland) has just become completely trashed and overran, our local government has put minimal effort into infrastructure/maintenance. I moved about 3 years ago. It's only gotten worse, it's so sad to see.
Live in Tigard. Got my house for 264k in 2003. It’s worth 565k now. You have to be white collar to afford to live in my neighborhood. Our homes are from the mid 90s it’s nuts.
Portland, Oregon, one of the loveliest of cities, has fallen prey to woke sensibilities. There is no coming back. Goodbye, Oregon.
It's terrible. I don't understand why these states are allowing Homeless. It makes no sense. Like Father some years he passed on,people used to care,they just don't care anymore. I never I would see America like this.
Drugs are everywhere. Even in your church. Portland is definitely drug invested.
@@adriennerobinson1180 Imagine that you got sick, lost your job, and had large medical bills you could not afford. You become homeless and have to live in your car/tent/cardboard box on the streets. Do you migrate to New York or Minnesota?...no, if you are smart you don't want to freeze in the winter. To Texas...no, too hot in summer, cold in winter, fire ants stinging you. But there is California and the west coast, mild summers and winters, few biting/stinging insects, and a more generous population that gives away lots of free food and a police force that is more tolerant. The west coast is a magnet for such people. If you live elsewhere, you should be thankful that these people left your state and that California is not like Texas, rounding-up people like cattle and putting them on buses bound for your state.
This man opens the vid saying cheap housing in Miami in 10 seconds he saved the next 40 minutes of my day thx
CALIFORNIA has so many homeless people because most of them are from out of states whi moved here for the warm weather and freebies
Really? Wow
It's not that California's business regulations are too tight and business taxs are too high.
It's that other states business laws and taxes are too loose.
Nobody goes there anymore because it's too crowded.
The solution to high prices is high prices.
California has been pushing out the poor for decades, now it extends to the six-figure "middle class".
Actually the poor have been increasing in cali because of the benefits while the rich have been leaving.
Soon there won’t be a middle class. I live in AZ n all the people who could live luxuriously on a good budget are being forced out of the state because everyone from Cali is moving here and it’s getting way too expensive. The war in Ukraine along with the devaluation of the US dollar isn’t helping either
If that were true there would be no crime in Cali
FL doesn't have State Tax BUT it's ABSOLUTELY getting expensive to live particularly in South FL.
It's crazy
Lived in Broward county years ago. First home I bought in Fort Lauderdale was a 2/2 paid 31,500 for it. Zillow estimate now is $350,000. Next home in Sunrise a 3/2 paid 81,000 added a pool for 10,000. Zillow estimate on it is $450,000. Third home in Loxahatchee (Palm Beach county) paid $185000 in 1999 I sold for $459,000 in 2006. In 2019 paid $175000 for a new home in Ocala. 6 months ago same home, same builder, new is now $265,000.
Our wages need to go up to keep up with cost of living.
California has become a nightmare for people who work hard and try to build a business. I moved here a few years ago because of work and built my business but now totally regret it. I am currently working on moving myself and business to either Texas, Arizona or Georgia. The relentless crime rate, the homeless problem, bad infrastructure makes any logical person wonder why do anything in California. I remember a DMV employee telling me that taxes will go up next year and I stated "Why? It should go down as the value declines" and she responded jokingly "You pay for the sunshine".
The CA Government is against business owners and middle class. The only people that are getting rewards and benefits are homeless, poor, and criminals. I will relocate within 2 year or less because at this point I have no desire to give the State of CA any more Tax revenue nor do I want to contribute to their policies because we are not protected
Don’t forget the rich are benefiting also.
🙋♀️I can relate…. I’m drowning
As a native Californian let me say this: Please don’t come here! We don’t want visitors, we don’t want conservatives, we don’t want anyone here that doesn’t want to be here. If you’re thinking about moving here, DON’T. If you live here and don’t want to be here, LEAVE! We can do without the extra traffic. Much love, thank you!
Some people are leaving other states to go to California.
I lived in the Hollywood area working in the 'industry' in the 1970s-1990s. It was a wonderful place to live, the ocean, shopping, entertainment it had everything but finally I just got priced out.
Terrible
After living in Texas, I can see why it’s so attractive. They follow the federal minimum wage of $7.50/hour and there is poverty everywhere. It’s these same large corporations that outsourced labor overseas because they didn’t have the regulations and wage requirements that the US has. One can simply make more profit paying 25 cents an hour and not being hampered by OSHA, EPA, or other regulations.
Our home went for 300k brand new when we first bought it. Now it’s worth almost 800k within a matter of months. Crazy what’s happening. A new way of living is coming
Think about the entire generation priced out of homes. The housing market WILL crash.
Speculation is pushing up prices. That's not sustainable.
It is also increasing rental prices. Despite the fact that their costs didn't change. Which is pushing up housing insecurity to dangerous levels. That require even more social programs to keep it from collapsing under its own weight.
A single person has to make $30/hour to qualify for a one bedroom apartment in my area. That kind of wage growth isn't happening. They want high prices and low labor costs. That isn't sustainable.
@@newjerseyselfdefense6199 yup like Zillow who lost millions overpaying for homes
@@thomasridley8675 Exactly - finally folks are doing the MATH
They want to maximize profits at the expense of average working people.
1950 - graduate HS, unionized job, home owner, supporting a stay at home wife - all on dads wages
Things are going to collapse and they are going to collapse hard - the crime we see now is just the appetizer
@@newjerseyselfdefense6199
I hope a repeat of 2008 isn't on the horizon. But, I don't see how it can keep climbing without tripping over reality at some point.
As a Californian, I couldn't be happier that business and people are leaving. It makes no sense whatsoever to concentrate all the jobs in one state, making commutes longer and driving the cost of living for all. Best to spread them around the country. Clearly, as a state we are not hurting by companies and people leaving - though I wish they would use the extra tax money for education or social programs instead of sending us a $1K rebate check. Indeed, the only way our housing prices will go down is if more people leave.
Good take
As someone from Texas trust me, no one is happy with all the rich transplants coming in and making everything more expensive 🙄
As a Californian, that sounds like a problem we’ve experienced for decades. Welcome to our world Texas! 🤣
An influx of people is not going to make things more expensive unless there is a shortage of housing. Which there is because of restrictive zoning.
CA has some awful problems-- homelessness, high rent, traffic. The reason all these problems happened is because the rich homeowners in CA tried to exclude everybody else from their city (which is still happening). So they made it illegal to build more housing, and clearly that leads to a housing shortage. PLEASE do not make the same mistake in Texas.
It’s not the transplants. It’s the hedge funds that purchase real estate in bulk, and then jacking up rent/purchase prices. CA, esp San Francisco and LA have been going through this for decades.
@@BubblyViolin11 You're right that it's not the transplants.
However, the reason that housing is an attractive investment for firms is because cities often make it impossible to build more housing. When there is a limited supply of something its value goes up. If we want hedge funds to stop buying homes, we need to loosen our zoning codes to allow more housing to be built.
If you look at the zoning map of almost any US city, the majority of land will be zoned exclusively for single family homes. These are expensive and do not accommodate very many people. This causes sprawl, horrible traffic, homelessness, segregation, and a shortage of housing which drives prices up. We need to ban this sort of zoning.
These companies and wealthy people have enough money to continue to operate in California but for tax purposes say they’re based in Texas. Even if they don’t operate in California they’re able to operate in other places because their income stream is not tied to them living in California
"just after it was ceded by Mexico" - it wasn't "ceded". It was taken after an invasion. I can't believe it's been so many years and the US still won't recognize when it screwed up. It's like Russia saying Crimea was "ceded" to Russia by Ukraine.
As soon as Texas is in drought, polluted, crowded with poor air quality those taxes and costs will increase too.