Quote:
Originally Posted by Grapesoda
I've heard this mentioned several time... the tax base in California is getting smaller as companies relocated due to harsh legislation... ever wonder why movies are shot in Louisiana, New York and Canada? the rental house in California have moved the majority of their equipment out of the area.. I didn't read this online and can NOT show you the stats.. I know this from a 30 year relationship with the rental house that allows me to speak with the mangers that were working the counter when I started dealing with the vendors... belive it or not, as you will, I actually don't give a fuck what you think  |
It began as the housing market was heating up and getting out of control. Washington, Oregon and Vegas and other places were being flooded with wealthy Californians who could sell their shitbox McMansion for $5,000,000 in Palo Alto or where ever and buy a $1,000,000.00 McMansion in Seattle suburbs that was bigger and still have $4,000,000 in the bank. This all was probably most obvious to those around banking/finance/real estate/mortgages. There was a time in 06/07/08 where it was completely unreal how many Californians were buying property in Oregon and Washington and the impact they were having on the housing market and prices.