2 ms·

Yeah, that won't have any unexpected effects. U-Haul is 20x what it was 20 years ago. How much higher can it go.

• yboris 6y ago
  Could you share a bit more context? What happened with U-Haul?
  • macinjosh 6y ago
    I am not OP but my take is that hordes have been movin out of California to escape from taxes and regulations. Often they leave in a U-Haul, making it a booming business.
  • thrill 6y ago
    In a society that has reasonably established freedom of movement, which the US Constitution does fairly well, sufficiently onerous policies, where the sufficiently part is decided by those who bear the payment burden and not by the levier, eventually result in the target actively deciding to exercise that right to just leave. It's a big country, and there are many nice places in it where a decent life can be lived with less burden. U-Haul's stock price increase over the last two decades can be viewed as fairly reflecting such inter-state movement.
    • brigade 6y ago
      ...why? The last 4x increase was 2012-2015, then it's been pretty stagnant since then. So has inter-state movement been stagnant for the last 5 years? 2006-2011 was the housing crash and recovery; it doesn't seem like an outlier from the overall stock market. Before that, it collapsed from 2000 to 2003, then gained 5x over its previous highs from 2003-2006.