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Updated about 13 years ago on . Most recent reply

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Jon Klaus
  • Developer
  • Garland, TX
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Killing the goose - California

Jon Klaus
  • Developer
  • Garland, TX
Posted

WSJ column-The Great California Exodus

http://online.wsj.com/article/SB10001424052702304444604577340531861056966.html?mod=WSJ_hp_mostpop_read

"Nearly four million more people have left the Golden State in the last two decades than have come from other states."

Obviously, there is a lot of focus on tax and politics in this article, but what about the practical implications for CA investors? I know many CA RE investors invest out of state, and in more resonantly priced areas of CA. What else are you doing? What do you expect to be doing in 10 years? What is the future of CA REI?

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Joe Bertolino
  • Investor
  • El Dorado Hills, CA
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Joe Bertolino
  • Investor
  • El Dorado Hills, CA
Replied

It is miserable out here in CA, whatever you do don't come here:)

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