4 ms·

The trick is, will those voting for taxes to be raised do the same when they relocate elsewhere? California is not a dictatorship. The people of the state have

The trick is, will those voting for taxes to be raised do the same when they relocate elsewhere? California is not a dictatorship. The people of the state have voted for this situation. I realize that not everyone in California votes and thinks the same. Those leaving the state might not be reflective of the voting patterns of the state as a whole but doubt this migration out of California is impactless on the places those leaving go to.

thorwasdfasdf 6y ago
Yes, that is a big problem. People don't seem to learn their lesson. CA peoples leave CA and go to austin and we're already seeing some of the same things happening there as in CA, where housing supply is restricted and of course, at that point housing prices go up again. People just never learn the fundamentals of economics and how those decisions lead to economic hardship for so many, that's the real problem.
- edmundsauto 6y ago
  By people, do you mean policymakers that disincentivize building more housing in order to prop up property values?
  - thorwasdfasdf 6y ago
    both the policy makers, and the masses of voters that support them.
- dllthomas 6y ago
  > People just never learn the fundamentals of economics Maybe. Or they know if they buy today and make it hard to build, they can go somewhere new with a big pile of money later. They got theirs, and they don't care about the others. In actually, it's a big and heterogeneous group of people. I expect some never learned, as you say. Some are jerks, as I described. Some just don't think deeply enough about their policy choices, and some think there are post-Econ 101 reasons why the Econ 101 dynamics (while important) aren't what dominate. And of course there are some of us Californians, staying and leaving, who do think it should be easier to build.

4 ms·

The trick is, will those voting for taxes to be raised do the same when they relocate elsewhere? California is not a dictatorship. The people of the state have

by Mountain_Skies 6y ago

thorwasdfasdf 6y ago
Yes, that is a big problem. People don't seem to learn their lesson. CA peoples leave CA and go to austin and we're already seeing some of the same things happening there as in CA, where housing supply is restricted and of course, at that point housing prices go up again. People just never learn the fundamentals of economics and how those decisions lead to economic hardship for so many, that's the real problem.
- edmundsauto 6y ago
  By people, do you mean policymakers that disincentivize building more housing in order to prop up property values?
  - thorwasdfasdf 6y ago
    both the policy makers, and the masses of voters that support them.
- dllthomas 6y ago
  > People just never learn the fundamentals of economics Maybe. Or they know if they buy today and make it hard to build, they can go somewhere new with a big pile of money later. They got theirs, and they don't care about the others. In actually, it's a big and heterogeneous group of people. I expect some never learned, as you say. Some are jerks, as I described. Some just don't think deeply enough about their policy choices, and some think there are post-Econ 101 reasons why the Econ 101 dynamics (while important) aren't what dominate. And of course there are some of us Californians, staying and leaving, who do think it should be easier to build.