What’s Driving California’s Mass Exodus?

eric3579says...

CNBC fair and balanced just like Fox News. No bias in CNBC reporting on big business and regulation of business. I won't downvote as i skipped around and only watched a small bit of the video, but the bit i watched seemed pretty agenda driven.

HugeJerksays...

I keep hearing about how everyone is leaving California, yet more and more housing is being built in my area. Tons of "Luxury" condo's in the Orange, Anaheim, Santa Ana area has been going up over the last decade.

newtboysays...

It bears noting that more people are born here than left, even when you subtract deaths the population is still growing. Note, there's a housing shortage of near 4 million according to them, if California was the failed state they pretend it is, there would be a housing glut.

It also bears noting that with all the "anti business" regulations California remains the fifth largest economy in the world. Note how many billionaires that made their fortunes here are in the exodus crowd, California produces billionaires like a product.

I lost count how many times they mentioned Austin as a main destination, but I know Texans, and especially Austonians, HATE Californians and for decades have complained that Californians have ruined Austin, over regulated everything, and made it nearly uninhabitable. It also bears mention that one reason the state went dark and dry is they privatized their utilities with little oversight and predictably those companies deferred repairs and upkeep. That's pretty bad for business....so is the less skilled and educated workforce.

Don't let these dishonest people fool you, San Francisco is not representative of the state, and using it as a measure of housing costs is as dishonest as can be.

I noticed, most people leaving make under $100000 per year and can expect to make less where ever they go, while most moving here make over $100000 a year and can expect their earnings to rise.

This piece was incredibly biased.

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