Quote from @Carlos Ptriawan:
Quote from @Jeremiah Dunakin:
Quote from @Chris Watkins:
Hi Kazumi, welcome to the forums!
The effects of a particular president (or even governing party) would likely be small on the major economic forces that drive real estate. Presidents actually have little effect over the larger economy (positively or negatively) that the preside over.n’t win a title. Or Elon musk doesn’t really factor into Tesla
It is because it's being exaggerated so much as it's discussed widely in social media , while the data showing it's almost meaningless. Yes political has its influence but not so much when we carefully access the data and information.
The biggest immigration after all is still going to Sacramento, these are mostly retirees age level or Baby boomers generation moving out from high-productive-economy to more retirement-area-suburb and also new development in that area, as the area is new growth.
The driving force is mostly because of high cost of living, people is moving to more affordable place. But whoever ruling the country, the high COL place is almost high COL that drives people out.
I appreciate a level headed conversation.To further here is where I differ.
The media can say what it wants. The facts are still the facts. That is an area where people have willful ignorance because the facts don’t back up their chosen party.
The data really isnt really meaningless. It may not be what we want to hear and go on emotion and feelings. The data in every American’s pocketbook says that inflation is out of control. I gave examples of main things that affect main streets money. Chicken is twice as much as it was if not a little more than twice. Gas is twice as much. A 2x4 is twice as much. In November 2020 including the huge dip from lockdowns factored in my investments were up about 45% return. They have since gone to the negatives and just now rebounded to sub 10%. That is a lot of money to lose. The cost of a mortgage 4% higher in intrest than it was. You get less house for the money. Most people it takes them out of the equation for even owning a home.
The policies of certain areas within the last 3 years have been disastrous for people. Crime is through the roof this is data not my feelings. California has had a loss of people for the first time I think in history. Sacramento might have lost people to the suburbs but I’m talking the whole state. These people and buisness are fleeing the policy of the lawmakers the small buisness can’t afford the crime major buisness can’t either and it’s becoming a passed on burden to the rest of us. These are data points.Look at the firms moving out of nyc and Chicago places moving out of Portland and Seattle. These are huge firms. They are going to different political landscapes.
The cost of living is a direct correlation of political governmental policy. California,New York, Chicago, all have common political ideas. Meanwhile Texas,florida, Tennessee all have a similar trajectory. To me that is a direct correlation. The numbers don’t lie. My company has benefited because of California regulations and had to move production out of there.
The high cost of living can’t be dismissed with luck or chance. There is a reason there is a high cost of living in those areas. The is a reason the cost of living is different in other areas. It has nothing to do with sunshine.
