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Rick Reeder
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California vs. Texas - a cost comparison

Rick Reeder
Pro Member
Posted Jan 17 2021, 09:21

Great article from ABJ on why so many companies are fleeing California.  I love visiting CA - the weather, food scene, wine, etc etc, but I couldn't imagine moving there from a financial perspective.

“Every company with a major presence in California right now — it's not even an overstatement to say this — their board of directors are, as a matter of due diligence, exploring options as a way to be accountable to their shareholders,” one site selector said.

https://www.bizjournals.com/au...

This is one of the big reasons Austin has been so hot for so long.  There are many others - most folks relocating to Austin come from other Texas cities... many of them, I'm sure, come for the jobs brought by these Cali ex-pats.  If you're in California, what would make you relocate or stay?

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