Why does California have so much industry/jobs?

oldtime · Feb 9, 2012

Quote from WS_MJH:

Don't have the quote that you cited but some interesting comments. I've heard that Austin's tech scene has been losing momentum over the past couple of years, as evidenced by gowalla being beaten foursquare. It'll be very interesting if over the next five to ten years if NYC can get to parity with the silicon valley regarding tech. I think it can because NYC actually has many more advantages, SV just has its built in base.

Regarding taxes, the guy you cited mentioned people pay high taxes so the quality of life is better. People are better educated, healthier, etc. If that were true, then Detroit would have the best school system, RI would be an economic dynamo, CA would have the best health care. In fact, some of the best schools are in red states, FL and TX are the best as per Newsweek.

High taxes don't make an area better for its people; it's the quality of the people that make it better. CA/NYC et al do well because of the people; they are just so successful that they succeed despite high taxes. If CA/NY lowered their taxes and became sane economically, they'd boom.

interesting, I think that's the first time in a long time that I read anywhere that people make a difference

oldtime · Feb 9, 2012

Quote from WS_MJH:

CA/NYC et al do well because of the people; they are just so successful that they succeed despite high taxes.

now you got me tripping out man

cyoungmark · Feb 9, 2012

FB will save California's economy

TD80 · Feb 10, 2012

I will say with a young daughter at almost primary school age, you should really consider the kind of school system you would be moving into.

CA is a basket case school-wise which is why A: So many people send their kids to private school (at significant cost) or B: try to buy or scam their way into a good school district (my wife and I have a friend who is trying to convince us to let their 6 year old use our address as his residence so he can attend school in our district, and these people live in LONG BEACH [about 20 miles away from us, imagine having to take that kid to school everyday in traffic, but that is how desperate and competitive these situations can be when only the upper middle class and rich can afford to live in a district with decent public schools]).

As another poster mentioned, there are huge cutbacks at many school districts here so finding a teaching job may be difficult, although all I know on this topic is what I read in the news so this should be verified by your wife or others with more specific knowledge.

I will say the area around Santa Clarita is really, really pretty. It gets hot over there though, real hot (think 110F+ in the summer with no breeze). I don't know a lot about the area but I believe it is somewhat depressed from a RE boom/bust. I concur with the other poster that he would rather leave the state than live inland, but hey there are ten million people living inland so obviously it works for some people.

I wish you and your family the best. One good idea may be to rent for a year or two (or at least one complete set of "seasons") and explore the area extensively before deciding to put down roots.

Quote from Vinny1:

I have a family of 3 (wife and one 4 year old daughter). My wife is an elementary school teacher so she can probably find a job anywhere that is reasonably close to home, no need to commute to downtown LA. I am self employed and work from home, so no need to commute to downtown LA either.

Do you know anything about a town called Canyon Country? How is that area? It is right next to Santa Clarita (about 34 miles northwest of Los Angeles) I found many affordable homes there. Here is one for $350k...

http://www.realtor.com/realestatean...atland-Dr_Santa-Clarita_CA_91351_M22076-40261

CaptainObvious · Feb 10, 2012

Doesn't appear anyone is answering the actual question. You're all talking about why it's a "nice" place to live. The answer to the question is, Mexicans working for slave wages.

emg · Feb 10, 2012

I am a trader in Los Angeles (West Hollywood). Looking to share an office space with somebody in trading/investments. I trade options and stock mostly, with some futures and have been doing so in one form or another for the last 10 years. Will morph this into a hedge fund eventually. I will entertain any area of Los Angeles but prefer W. Hollywood, Beverly Hills, Century City, West Side, etc.

http://www.elitetrader.com/vb/showthread.php?threadid=236312

Californian lovers help this trader out

<iframe width="420" height="315" src="http://www.youtube.com/embed/gbRKfieMsdQ" frameborder="0" allowfullscreen></iframe>

If everybody had an ocean
Across the U. S. A.
Then everybody'd be surfin'
Like Californi-a
You'd seem 'em wearing their baggies
Huarachi sandals too
A bushy bushy blonde hairdo
Surfin' U. S. A.

You'd catch 'em surfin' at Del Mar
Ventura County line
Santa Cruz and Trestle
Australia's Narrabeen
All over Manhattan
And down Doheny Way

Everybody's gone surfin'
Surfin' U.S.A.

We'll all be planning that route
We're gonna take real soon
We're waxing down our surfboards
We can't wait for June
We'll all be gone for the summer
We're on surfari to stay
Tell the teacher we're surfin'
Surfin' U. S. A.

Haggerties and Swamies
Pacific Palisades
San Onofre and Sunset
Redondo Beach L. A.
All over La Jolla
At Wa'imea Bay.

Everybody's gone surfin'
Surfin' U.S. A.

Everybody's gone surfin'
Surfin' U.S. A.

Everybody's gone surfin'

oldtime · Feb 10, 2012

Quote from emg:

I am a trader in Los Angeles (West Hollywood). Looking to share an office space with somebody in trading/investments. I trade options and stock mostly, with some futures and have been doing so in one form or another for the last 10 years. Will morph this into a hedge fund eventually. I will entertain any area of Los Angeles but prefer W. Hollywood, Beverly Hills, Century City, West Side, etc.

http://www.elitetrader.com/vb/showthread.php?threadid=236312can you hang ten?

Californian lovers help this trader out

<iframe width="420" height="315" src="http://www.youtube.com/embed/gbRKfieMsdQ" frameborder="0" allowfullscreen></iframe>

If everybody had an ocean
Across the U. S. A.
Then everybody'd be surfin'
Like Californi-a
You'd seem 'em wearing their baggies
Huarachi sandals too
A bushy bushy blonde hairdo
Surfin' U. S. A.

You'd catch 'em surfin' at Del Mar
Ventura County line
Santa Cruz and Trestle
Australia's Narrabeen
All over Manhattan
And down Doheny Way

Everybody's gone surfin'
Surfin' U.S.A.

We'll all be planning that route
We're gonna take real soon
We're waxing down our surfboards
We can't wait for June
We'll all be gone for the summer
We're on surfari to stay
Tell the teacher we're surfin'
Surfin' U. S. A.

Haggerties and Swamies
Pacific Palisades
San Onofre and Sunset
Redondo Beach L. A.
All over La Jolla
At Wa'imea Bay.

Everybody's gone surfin'
Surfin' U.S. A.

Everybody's gone surfin'
Surfin' U.S. A.

Everybody's gone surfin'

Covertibility · Feb 10, 2012

Quote from WS_MJH:

Regarding taxes, the guy you cited mentioned people pay high taxes so the quality of life is better. People are better educated, healthier, etc. If that were true, then Detroit would have the best school system, RI would be an economic dynamo, CA would have the best health care. In fact, some of the best schools are in red states, FL and TX are the best as per Newsweek.

High taxes don't make an area better for its people; it's the quality of the people that make it better. CA/NYC et al do well because of the people; they are just so successful that they succeed despite high taxes. If CA/NY lowered their taxes and became sane economically, they'd boom.

Republicans attempt humor, say schools in red states educate people

Go to the end of that thread on this site, facts and reality have a liberal bias.

What's the deal with the inhabitants of West Afghanistan (the South)? They have lower tax rates than NY/CA/NJ/CT but don't produce squat as measured by gdp per capita/median income/etc.. ??

oldtime · Feb 10, 2012

Quote from Covertibility:

Republicans attempt humor, say schools in red states educate people

Go to the end of that thread on this site, facts and reality have a liberal bias.

What's the deal with the inhabitants of West Afghanistan (the South)? They have lower tax rates than NY/CA/NJ/CT but don't produce squat as measured by gdp per capita/median income/etc.. ??

yes, I think it is now widely accepted by modern monetary theorists that taxes are a drain on the economy, but just simply lowering them will not produce growth.

emg · Feb 10, 2012

http://www.elitetrader.com/vb/showthread.php?threadid=236312

Quote from sharpe:

I am a trader in Beverly Hills without office space but interested in discussing strategies for marketing and raising funds.