Important headlines for June 6th – Fleeing the Pacific Northwest for SFL?
Bottom Line: These are stories you shouldn't miss and my takes on them...
Excerpt: The business-sponsored Bay Area Council advocacy group released its annual survey of registered voters in the nine-county Bay Area showing that 46 percent are likely to move away. Of the people surveyed in the online poll who said they want to leave, only a quarter plan to stay in California. Sixty-one percent said they would relocate outside California.
Hot Take: In South Florida we're well aware of the desire for many to leave high tax states with lots of traffic and unaffordable housing. Typically though, that's reserved for folks who're in a position to retire. Many of the career opportunities that've existed in the North East often aren't available in a similar way in South Florida. While our evolving economy is creating more advanced opportunity than in times previous it also has us positioned to take advantage of the folks who usually don't flee further east than Texas. Those in technology fleeing the Pacific Northwest. Companies like Google, Twitter, Facebook, Uber, Lyft, etc. All have offices in the Miami metro and we rank in the top ten for expected technology growth over the next 20 years. Many of those fed up with high taxes and super-unaffordable housing (South Florida isn't cheap but the median home price in San Francisco is $1.6 million by comparison) may well start to cross the country and head our way. That could be great news for our economy going forward. All that I ask is that much like our north-eastern transplants. Leave your politics when you come here. If you're fleeing high taxes what do you think will happen if you come here and vote for similar politicians?
Excerpt: "It concerns me that so many voices within the Democratic Party are going so far to the left. I say to myself, 'How are we going to pay for these things,' in terms of things like single payer [and] people espousing the fact that the government is going to give everyone a job. I don't think that's realistic."
"I think we got to get away from these falsehoods and start talking about the truth and not false promises"
Hot Take: I've seen a number of conservatives lining up to take cracks at the potential Presidential run of Howard Shultz. I totally disagree with that mindset. No, it's not because I see eye-to-eye with him politically but because I'd love to see him as the next Democratic candidate for President. As a pragmatist I always want what I perceive to be the best possible candidates for a given election because one of those candidates will win. Too often people like to root for opposition they feel is the easiest to beat politically rather than thinking in terms of policy implications. In the case of Howard Shultz he's a social liberal but fiscally more conservative than not and most certainly is a capitalist. That represents a much better outcome were he to win than say a Socialist like Bernie Sanders or Elisabeth Warren. So, I wish him well and how that he or someone similar politically is the next Democratic nominee for President.