Sunday, October 13, 2019

Calizuela is a failed Hispanic state

Californians Are Fleeing the State's Progressive Policies
We've reached the tipping point, where California's progressive political imperatives are having such glaring real-world repercussions that it's hard to keep ignoring them. Why are people leaving? Top of the list is home affordability. The national median home price is around $227,000. The median single-family home price in California topped $600,000.
In Orange County, that median price is around $700,000. In the entire Bay Area, the median price for homes and condos is $860,000. In San Francisco, you'll need a cool $1.7 million (listed price) to get a median-priced abode (and it's not going to be special). Our cost-of-living is astronomical in many areas. Gasoline prices are $1.29 a gallon more than the national average. Even California's notoriously overpaid government retirees are moving elsewhere.
This is the fault of public policy. Regulations and fees can add 40 percent or more to the cost of every new house. Slow-growth rules, and the lawsuit-generating California Environmental Quality Act (CEQA), impede housing construction. The state is vastly underbuilding the number of housing units it needs even to keep up with its slowing population. Gas prices are high not only because of our high taxes, but because of the special California-only formulation that limits competition.
It is the result of Hispanic legislatures who fail in check and balances, they lack the patience for government. The resulting economy is knee jerked by lawyers, fees and complex rules. The economy fails, an bankruptcy ensues.

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