Austin MSA vs SFBA and TX vs CA

NOT Adjusted for cost of living.

And I haven’t even checked for the accuracy of if there’s actually that many high income people(as a % of population as compared to other states). I think the highest income is DC, where all the government paid people live.

CA I think has 25% of the nation’s illegal immigrants(officially) while it has 11% of nation’s population.

The Poverty #s also say CA has @20% of nation’s poor. So, these illegal immigrants are robbing the poor by keeping down wages, forcing them to leave. The “rich” if adjusted for cost of living are not rich as mentioned by UCLAs Peter Ong :slight_smile: .

The goal now is to Federally allow and then eventually mandate these kind of policies in all states so that CA’s(read left leaning Blue states,NJ,NY etc) disadvantages disappear and CA gets parity as compared to other states.

1st policy change that should happen in CA should be all non primary rental house owners should pay market rate Property taxes(since supposedly housing is the big culprit) :slight_smile:. This will bring more revenue and also free housing to be sold.

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Fun to see people bashing the state but still happily live here. Must be true love.

:slightly_smiling_face:

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.

:sob:

I am willing to pay only if the property taxes are based on rental income and not a percentage of the appraised value of the property. 1.24% of the appraised value sounds low but is 30-40%* of gross annual rent. I suspect taxing this way is political, want to make property tax seem low.

*That’s applicable to me only. It varies with when you bought the property. For some, could be 80-90% of gross annual rent.

SV losing its mojo?

:rofl:

Bay Area AI investment = 37x Austin’s.

Top 5 funded AI startups, 4 of them are in SF.

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More taxes !! :birthday: :heart_eyes: :star_struck:

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I think people who want to fund everything should pay out of their pocket.

In fact, I would say all mom n pop rentals should be taken over by the state of CA so that the poor people can live FREEEE and the poor people’s lives will be so much better :slight_smile:

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Umm. I’m not even going to get into the math thing.

Um, how do they even accurately count undocumented immigrants? They are undocumented. They purposely work to stay under the radar. Pretending there’s an accurate count of them is silly.

I didn’t say it’s an accurate count, but there are ways to estimate the size of the undocumented population. Better than making stuff up.

Occasionally I need a plumber. I don’t need Xiaoming. And AZ seems to be having no revenue problems without him.

Austin seems to have a glut of new homes according to this Twitter thread.

https://twitter.com/m3_melody/status/1626926316179144704?s=46&t=F0jWdxv8dupgMllBXsL26g

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Ignore the YouTube if you’re short-sighted and prefer to put your head into the sand.

CA slowly turning into detroit, starting with san francisco
I hope these CA dumbfxxk politican start noticing and stop these stupid progressive agenda and make things a little bit more normal. if continues like that, might sell everything here , my renter moved out of CA recently

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Milpitas selling for 2.8M now? CA needs to lose more people fast!

Also Redfin is now showcasing agents who can speak Chinese. Interesting…

https://www.redfin.com/CA/Milpitas/631-Troon-Ct-95035/home/1587781

Wow, I used to live near this house. Shouldn’t have sold mine.

I’m so confused. I thought prices were down 30%?

Has not been sold yet. Asking only.

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Need to turn on the AC in Austin next week.

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No air-con till 95.

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