I was on a business trip in Charlotte NC not long ago, picked up a real estate magazine on the street, shocked to see big newer houses with acres of land selling for $300,000, similar size properties will sell for $3M here. I don't know anything about the quality of locations of these Charlotte properties, only judged by the photo and descriptions. Similarly when I looked at these real estate magazines in Tampa and other citites. Makes you wonder how much foundation/legs are under the high California home prices.
A new law SB2 if passed, Gov. Davis promised he will sign into law requires all small businesses with 20 employees to pay 80% of all health insurance, all businesses with 200 employees to pay 100% of all employees' entire family's health insurance, including all part time workers. If you are a business owner, would you consider to move?
Backed back $2M donation to the Democrates from the Indian casinos, SB18 will allow Indian commission to stop any delopement on anyone's land in California if they feel construction interferes with a sacred sit anywhere in the region, with no distance restriction, and the location of the "sacred sites" will be secret.
California is spending and wasting away like a gambler who won the lotto, but we have been doing that for 50 years, maybe it can go on forever. Or maybe we should stop complaining about cheap foreign competition, the problem lies within our own state, we are pricing and spending ourselves out of the game.
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