Los Angeles ranks No. 1 in move-outs for second year, PODS data shows

[Michael Cole]

Yes, blue states drive out their most productive residents, and then increase taxes on those left to make up for it until you're left with something that looks like Detroit.

You're babbling. You snip relevant points and babble. I'm not in the mood for bad faith, babbling "arguments."

I've refuted everything you've dropped. Cleaned it up. Put it in a little bag and disposed of it properly.

Here ya go:



Get your offer in!!! Gonna go fast.

Hope your weekend is good. Stop by the River Festival if you're bored, which I'm betting you are.



Kinda hot, but there's plenty of shade. The festival is moved to Idlewild Park while the Arlington Bridges are being rebuilt. Thank you, Joe Biden...kinda...the festival is much better at Wingfield Park, downtown, IN in river (Wingfield Park is an island.). Returns to the Riverwalk in 2027.

You enjoy your Sunday. If you can.

 

[aociswundumho]

You're babbling.

Here is our exchange:

The point stands. Those with high income, or property, gain the most by moving from high tax states.

Yes, blue states drive out their most productive residents, and then increase taxes on those left to make up for it until you're left with something that looks like Detroit.

You said it yourself that high income people gain the most from moving. Therefore it follows that the taxes they used to pay will be transferred to those who are left.

Get your offer in!!! Gonna go fast.

I have no idea how that's relevant, and I doubt you do either.

Hope your weekend is good. Stop by the River Festival if you're bored, which I'm betting you are.

No, I'm working today, and taking frequent breaks to chat here and do other stuff.

 

[Michael Cole]

Here is our exchange:

Let me help you.

She's watching.

Hope you're weekend was wonderful.

 

[venice_ca]

I used to enjoy the NYT weekly feature on RE with “What You Could Buy With $XXX,XXX.” Comparisons between three homes of similar prices throughout the country showed house and lot size, as well as property taxes - a learning experience for me.

Not mentioned in the screeds against California is that property taxes here can be significantly lower than in other areas.

 

[Michael Cole]

I used to enjoy the NYT weekly feature on RE with “What You Could Buy With $XXX,XXX.” Comparisons between three homes of similar prices throughout the country showed house and lot size, as well as property taxes - a learning experience for me.

Not mentioned in the screeds against California is that property taxes here can be significantly lower than in other areas.

Yes, looks like CA property tax is low compared to many states.

What isn't often mentioned is the size of the state and its diversity. There is more to California than LA and the Bay Area, and homes in Chico are cheaper than those in Truckee which are one-third the cost of those in Palo Alto.

The entire Central Valley is agricultural. Politically opposed (generally) to the coastal population centers. Focusing on LA as if it is indicative of California as a whole is fallacious.

What I've read is that business is abandoning the state for more tax/business friendly environments. The cost of California land is also prohibitive, and when two sparsely populated states sit to the east, companies take advantage of the time and money saved with the reduction of red tape, as well as cheap (and available) land.

LA may have reached its peak. Eastern Rust Belt cities, including Chicago, Pittsburgh, St. Louis, Cleveland, many others, have experience population decline for decades. The suburbs still grow, but the cities have deteriorated. Movie studios are trying to set up shop in Las Vegas. If successful, that will also drain resources from LA.

 

[Logophile]

You're the one who mentioned fixed income. Someone on a fixed income who can't afford property tax has several options.

The point stands. Those with high income, or property, gain the most by moving from high tax states.

Fixed income means retirees,not rich people

 

[Maidenrules29]

In July, the background check fee just to purchase ammunition in CA jumps up to $5 per transaction. A 400% increase. Just one more stupid anti-constitutional dig at law-abiding gun owners who live in CA.

 

[Moi621]

I grew up in the Hollywood Hills, '54 - '64

when the family moved to a new suburban neighborhood, Eastbluff. Leased Land, owned by The big bad Irvine Company. I mean it was the "outback" although with an excellent supermarket. Today it is a concrete jungle. mostly below 3 stories.


In the good old days there were no security n'hoods
Lee Marvin next door. Eddie Albert down the street, etc.
And no one felt the need for security neighborhoods



The California Democratic Party needs to rediscover "Main St. " and be FREE of Bay Area dynastic control as powered Harris & Newsom.
They beat on R- Gov Pete Wilson but, when they tried it on The Arnold, they withdrew

Witness Most California voters live in the South
Yet Bay Area candidates prevail as governor, senator even to the vice presidency and State political influences.

Sadly, California's "winner take all" party primary delegates as Presidential elections - - - is a "Win" for the monied interest.

 

[upsideguy]

The red states are hardly withering though. Texas, Florida, Georgia, and North Carolina are all booming. South Carolina and Tennessee are quickly coming up as well. Sure, there are states like Mississippi and West Virginia that are red, but there are also states like New Mexico that are blue.

As to joining Canada, I like Canada, but per-capita GDP and incomes are much higher in the United States than Canada. Citizens of the poorest states in America have more disposable income on average than citizens of Canada's wealthiest provinces.

I think you are falling victim to the trap of thinking average incomes (per-capital) in the US are meaningful numbers. They are not. They are misleading, hence conclusions you draw on average numbers thinking they reflect the circumstance of an average citizen will tend to be wrong.

Because of acute wealth disparity in the US, they are very mis-leading. As a matter of illustration, do you realize the AVERAGE household in the US has more than $1M of net worth? If you are not a millionaire, don't feel bad as the median net worth of a US household (the number at which half the population is richer and the other half poorer) is $200K.

Average and median net worth by age | Fidelity

Learn what net worth means, average net worth by age, median net worth by age, and ways to grow your net worth over time.

www.fidelity.com

United States Net Worth Brackets, Percentiles, and Top One Percent - DQYDJ

Graph & table of net worth brackets and percentiles in the United States for recent data. See top one percent, top .5%, and .1%, median, and more.

dqydj.com

Typically an average and a median should be in close proximity to one another. Anytime an average is a multiple of the median, you have skewing. In this case, the average is 5x the median, meaning that the average is a misleading number. In this case, the numbers are lying to you as the US averages (per capita GDP) are substantially a meaningless, misleading number. In this case, the inference that people in West Virginia are better off then the people of Alberta, British Columbia or Ontario is just not correct. (the super wealthy are better off; but not the "average" bloke)

I think you will find the typical Canadian has incomes, wealth and standard of living that is much closer to those of the US than the numbers are telling you because Canada does not have the wealth disparity issues that US does.

I work in tech and looked at moving to Canada a few years ago. Even in the wealthiest cities there, I would take a 40% pay cut, and I am not coming from the Bay Area, I am coming from the Midwest. Moreover, housing costs are much higher there than in the USA.

I also looked a moving to Calgary many years ago as my company purchase four different businesses in Canada and I was asked to go run one of them. I didn't make the move for family reasons, as I loved Calgary. I know from my due diligence in buying those businesses that we may have paid Canadians less then their US counterparts, it may have been 10%..... and I know by knowing many of them, their life styles (including vacations they took) were very comparable to their US counterparts

 

[Michael Cole]

Fixed income means retirees,not rich people

NSS. You're lost. Better luck to ya.

 

[Logophile]

NSS. You're lost. Better luck to ya.

Rich people with investments do not have fixed incomes, Michael. Dividends and interest rates fluctuate, which is how most if not all the rich are invested, through stocks, bonds and bank accounts. It's common knowledge. Retirees, on the other hand, with middle class status, generally fit the bill of fixed income when it comes to ss benefits and pensions, which is also common knowledge