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2018-01-04 Economy

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Posted by g(r)omgoru 2018-01-04 02:53|| || Front Page|| [11129 views ] Top

#1 Nah. The elites in NYC/LA can happily afford the huge prices. In fact, they like it because it keeps us out. The people who move to Texas/Florida/etc are the rank and file leftists, who will infect their new hosts with the same bullshit that they were fleeing - high taxes, rampant crime, etc.

Posted by Herb McCoy7309 2018-01-04 03:40|| 2018-01-04 03:40|| Front Page Top

#2 Of bigger concern is how the leadership of high-tax states will respond. If individuals and businesses leave, eroding the tax base, states will face a choice between cutting spending or raising taxes.......I doubt many have the desire to cut services when faced with net migration out of the state.

Hence the desire of the left to embrace the undocumented illegal. Representative government is dependent upon a constituency. Numbers also effect federal funding.

Posted by Besoeker 2018-01-04 05:07|| 2018-01-04 05:07|| Front Page Top

#3 Politicians in California love to talk about the need for affordable housing. But the minute they slap the property taxes on a plot of land it is no longer affordable.

Posted by Abu Uluque 2018-01-04 10:19|| 2018-01-04 10:19|| Front Page Top

But the minute they slap the property taxes on a plot of land it is no longer affordable.

If not property use taxes, then regulations can be enacted to make building impossible and increased the "rent" elsewhere.

Posted by Anguper Hupomosing9418 2018-01-04 11:27|| 2018-01-04 11:27|| Front Page Top

#5 Nope. Both states have legal provisions preventing seizing property for non payment of debt, and caps on maximum interest charged in financing. It's why your credit card banks are run out of South Dakota, Utah, and Delaware.
The big banks don't like them.

Posted by ed in texas 2018-01-04 16:07|| 2018-01-04 16:07|| Front Page Top

#6 A large minority of California votes Republican. I suspect they would lead the way to Texas and they are also unlikely to demand the type of insane laws that drove them away.

Most leftists would do whatever they could to avoid Texas. If they left California they'd probably head to another solid blue state if at all possible.

Posted by rjschwarz 2018-01-04 16:22|| 2018-01-04 16:22|| Front Page Top

#7 RJ, you've evidently not followed events out of Austin, a/k/a The People's Republic of Travis County.
As a for instance, how about: smoking wood fires in a barbeque pit are now against their air pollution laws.

Posted by ed in texas 2018-01-04 18:37|| 2018-01-04 18:37|| Front Page Top

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