I need a Republican president but not the orange primate. Need to do away with capital gain tax and death/ inheritance tax.
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I am very clear and consistant. There is simply no support for a firms that don t create jobs outside Bay Area or contribute to built and buy America. despite all the stock income state of California is bankrupt. so why would Fed keep boosting the stocks when end result is states need far more fiscal support and high unemployment?
Elon Musk instead of increasing Fremont factory capacity building factories outside California.
These people have far more data about state finances, the water capacity etc. and they are the trend settters. thats why they are compared with Thomas Edison.
Gov. Gavin Newsom is in an enviable position: a record surplus of $21.5 billion in his first proposed budget.
$22B budget surplus is bankrupt. OK, that’s last year’s budget. This year every state will go into deficit, and California will actually be in better shape than Texas. Number 1 source of income in Texas is retail sales tax. Don’t think they will have much to show for with Covid still surging.
Besides, what do you mean firms getting state support? This is America of free enterprise. Individual firms don’t need to beg politicians for “support”.
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yeah the difference is I don’t live in the bay area because my job is here, I live here because I like the things in the bay area I can take advantage of. I wouldn’t move to Modesto or Sacramento for a cheaper house. I like being close to SF for other reasons.
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I definitely think the East Bay will benefit from WFH. Less daily commuting makes the TriValley and even Livermore more attractive. Plus it is easier to get out of town on the weekends. But many exburbs like Napa, Folsom, Granite Bay and Tahoe will also benefit. Modesto and Stockton will continue to be less desirable mainly due to crime. Sacramento now has a large urban element and has become expensive. Especially in the avenues. Like BA prices.
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Ditto! Weather, Outdoors, Cultural activities, etc are the reason we are here and we do plan to retire here.
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What is hard to believe is how expensive urban Sacramento has become. In Eldorado Hills you can get a mansion for $1.1m. Near my farm you can get acreage and a mansion.
In East Sacramento all you a 3bd1.5ba. 80 year old house with tons of deferred maintenance. Huge price to pay no matter how charming and well located.
Plus Sacramento is very hot for three months
and gets winter fog. Unlike my farm which is 10 degrees cooler than Sacramento and above the fog.
http://www.homesforsacramento.com/fabulous-forties-homes-for-sale.php
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$21B surplus to $54B deficit in less than a year. That’s a $75B swing vs budget of $134B. Don’t forget the $100B+ in unfunded pension liabilities. That volatility is what happens when a state is so dependent on the top 1% for revenue. It also shows Democrats will never say they have enough revenue. They will always want more.
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Problems are much deeper. We are becoming like de industrialize larger version of New York
I would not be surprized in less than 10 years $100k property tax on homes along with $20k water bills.
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yup when every one invest in stocks working from home with home computer nearby. No one will invest in small business. and big business will get bigger and will have more money to move to cheaper locations to generate more efficiency. the head count locally will decrease.
Ignore the clickbaitish headline. The meat is here.
The state of play: Older workers and parents were most likely to be interested in working from home.
- A majority of those surveyed said they would NOT be willing to take a lower salary, even if it meant they could work remotely permanently. That held true for men and women, as well as for both parents and non-parents.
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Except for a few odd balls, hold true pre-Covid. Parents have many balls to juggle.
We’ll have to wait and see what companies internal data say about productivity in general.
Just watch out, how this home sells now…10k lot Monta Vista area, easy to tear down and build.
https://www.redfin.com/CA/Cupertino/20966-Alves-Dr-95014/home/1683662
First time in the market after bought in 1973 for $31000 !
List price appreciation is 9.12%
Not good. Backyard is facing car park.
Would you explain further? Safety reason cause the backyard exposes to public area?
I thought i would be a benefit since you deal with less neighbors 