California has FALLEN - The Exodus Has Just Begun

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3 years ago
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california newsom losangeles

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California is a beautiful place, especially Los Angeles and San Francisco, at least that was true just a few years ago. A few years ago, California as a whole was completely different. Now in California we have more red tape for business owners, more problems for landlords, more litigation and risk for entrepreneurs when starting a business there. High taxes and a very unfriendly environment for people who want to create a business.

The state of California now has over 740,000 tenants that are not paying rent due to various policies that are put in place which makes it very hard for landlords. These landlords are holding a $3.4 Billion dollar loss across their properties right now.

The state of California is moving forward on various universal basic income programs and assistance packages all of which will raise expectations on business owners. I see the state of California being one of the worst places to buy a rental property or start a business.

That data is saying this, I am not. We are looking at the facts with how California is operating. California is the #1 state in America that people are leaving and they are going to places like Idaho, Texas and Florida. All of which are much more friendly for business owners and families.

This is why everyone is leaving California, for starters.

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