RE: The Layout For The Globalization Of Real Estate
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I wouldn't mind cheaper real estate but I think the rest of the world will probably get it first compared to California. I wouldn't be surprised if they started adding taxes for each piece of a building added (hinting towards a mileage tax that I heard started being implemented in San Diego).
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They already add taxes in California for every piece added (if it is an addition to the house)...though if you're talking about anything, like even a light fixture...well...they already tax you via the sales tax...California will tax people to breathe if they can figure it out...oh yeah, the carbon tax...never mind.
Yea the taxes are crazy in California and it seems to be the testing ground before they try to spread it to the rest of the country.
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Personally I don't think so - each state does have autonomy and states like North Dakota for example with their own central bank and lack of state debt are going to have a lot of benefits over states like California where average quality of life is decreasing - while cost of living and taxes are increasing... Whereas the inverse is true in North Dakota
California and a few of the blue states have been the testing ground for certain policies. After they get it working there, the politicians try to expand it over to other states and I don't really think its a good thing. I don't know too much about states outside of California but I tend to see things move over in the articles I read.
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