Comments on: Confusion on CA housing market brings flurry of legislation

By: Log in

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By: eck

eck — Tue, 18 Apr 2017 02:09:07 +0000

In reply to Sean.

(Sorry for the late reply, I’ve been away) “California is on a Banana Republic trajectory where it will have an upper class and lower class”. But it’s already like that. Central CA is a disaster. Google “Victor David Hansen” on this subject – he’s got some very good personal observations.

By: Mike

Mike — Sun, 16 Apr 2017 23:10:39 +0000

A plague would be a natural corrective mechanism. The stigma against cannibalism needs to go away.

By: Sean

Sean — Sat, 15 Apr 2017 20:53:08 +0000

In reply to eck.

Actually, a lot of millennials are leaving. Here’s a story from today’s LA times, http://www.latimes.com/business/la-fi-leaving-socal-20170414-story.html about about leaving the high cost coast and there was one in the Sacramento Bee about the middle class leaving, http://www.sacbee.com/news/state/california/article136478098.html
California is on a Banana Republic trajectory where it will have an upper class and lower class but nothing left in the middle.

By: Gonzo

Gonzo — Sat, 15 Apr 2017 17:49:46 +0000

If there weren’t literally millions of illegals and their extended families the rental market would be much more affordable. LA and SoCal are ground zero. Everything is rented. Even tough neighborhoods. Two or more families renting houses. The dems have put out the welcome mat and too many people came. If we had a tough immigration policy the last 20yrs this wouldn’t have happened. Native birthrates are much lower but Cali has invited those with high birthrates. There is NO relief in sight.

By: eck

eck — Sat, 15 Apr 2017 03:00:54 +0000

In a sane world, those “millennials” that can’t afford it here would move somewhere more affordable. We’re not stuck in the 19th century here. There are lots of jobs in OR and WA. Oh? You don’t want to live there? Suck it up or shut up!

By: NTHEOC

NTHEOC — Fri, 14 Apr 2017 16:34:45 +0000

As long as we have the Chinese we will sell plenty of houses!

By: Sam

Sam — Fri, 14 Apr 2017 07:52:38 +0000

This is what happens when we have too many people. There will never be enough hous No in safe affordable areas with somewhat decent schools. The labor participation rate is only 47%, which is a good indicator of the problem of inequality. We have a relatively young population, yet less than 50% of Californians work or are officially counted as working and paying taxes. These dual problems of overpopulation and not enough people working to be able to afford decent housing need to be addressed if one is going to discuss inequality. Sacramento also needs to realize that nit everyone ne is entitled to live where they want just because that’s what they want. I know plenty of people making $125k/year who can’t bu. Shine an dhave to commute an hour+ into San Francisco. Let’s focus on them and not the welfare class who whine about how hard it is to get by in the most expensive city in America while they don’t work.

By: Ulysses Uhaul

Ulysses Uhaul — Fri, 14 Apr 2017 05:28:51 +0000

Key is dispersion of employment to interior affordable communities and tax crap useless, service businesses to the moon to pay for the welfare, medical, education costs of exploited low wage workers.

By: Mr. Pickle

Mr. Pickle — Thu, 13 Apr 2017 21:47:28 +0000

Hmmm. Folks need the increases in home values now that SB-1 has passed. They will have to take a home equity loan to pay the DMV for the increase if Fees…………
and the Gas Tax, Diesel TAX, Diesel Sales Tax, Wood Tax, Mattress Tax, TV Tax, Fire Fee, Cigarette Tax, Tire Fee and just wait until State Park entrance fees go up! God save the Queen! Airport Tax, Hotel Tax, Rental Car Tax, Soda Tax……………..