Toll Brothers new luxury home sales in California worst since 2010.

Toll Bros blames the huge drop on a lack of rich Chinese buyers. That may be part of the problem, but the other part they don't want to admit is there is an exodus of high income (high taxpayers) to more tax friendly states.

Toll Brothers’ new-home orders see the steepest drop since 2010 housing crash
We need to rely on the Law of large numbers, anyway. Increasing our minimum wage will increase the number of people who will be able to afford more housing.

Solving for simple poverty can help bailout and automatically stabilize any State economy.

We should not have the socio-economic issues we do, in areas like Chicago and Detroit.
 
The collapse of tax base will take time to kick in or to put it another way Rome didn't burn in a day. However this reflects more than a decade of assiduous looting by Sacramento so the CA collapse is unpredictable. Also it is part of the financial collapse of the Blue Wall and that can start in any of those mismanaged states.
 
The collapse of tax base will take time to kick in or to put it another way Rome didn't burn in a day. However this reflects more than a decade of assiduous looting by Sacramento so the CA collapse is unpredictable. Also it is part of the financial collapse of the Blue Wall and that can start in any of those mismanaged states.
Our California minimum wage is scheduled to go up and there is some effort to solve simple poverty.
 
The collapse of tax base will take time to kick in or to put it another way Rome didn't burn in a day. However this reflects more than a decade of assiduous looting by Sacramento so the CA collapse is unpredictable. Also it is part of the financial collapse of the Blue Wall and that can start in any of those mismanaged states.
Our California minimum wage is scheduled to go up and there is some effort to solve simple poverty.
With an increase in minimum wage comes an increase in prices overall. How you do not see that, is beyond me.
 
They can always switch to building cheeseboxes there, after all they sell for close to million......
 
We need to rely on the Law of large numbers, anyway. Increasing our minimum wage will increase the number of people who will be able to afford more housing.

Minimum wage increase has put thousands out of work and taken numerous jobs off the market.....so that is ridiculous...there are too many areas of California that is off limits for home construction due to the environmentalists....and green zones....so obviously a shortage of homes was inevitable....

Solving for simple poverty can help bailout and automatically stabilize any State economy.

Bailouts never help anyone...just ask GM...and NY city...

We should not have the socio-economic issues we do, in areas like Chicago and Detroit

What happened in Chicago and Detroit was done by dems...over taxing and regulating...just like California is today....
 
The collapse of tax base will take time to kick in or to put it another way Rome didn't burn in a day. However this reflects more than a decade of assiduous looting by Sacramento so the CA collapse is unpredictable. Also it is part of the financial collapse of the Blue Wall and that can start in any of those mismanaged states.
Our California minimum wage is scheduled to go up and there is some effort to solve simple poverty.
With an increase in minimum wage comes an increase in prices overall. How you do not see that, is beyond me.
inflations happens. wages must outpace inflation in our first world economy.
 
We need to rely on the Law of large numbers, anyway. Increasing our minimum wage will increase the number of people who will be able to afford more housing.

Minimum wage increase has put thousands out of work and taken numerous jobs off the market.....so that is ridiculous...there are too many areas of California that is off limits for home construction due to the environmentalists....and green zones....so obviously a shortage of homes was inevitable....

Solving for simple poverty can help bailout and automatically stabilize any State economy.

Bailouts never help anyone...just ask GM...and NY city...

We should not have the socio-economic issues we do, in areas like Chicago and Detroit

What happened in Chicago and Detroit was done by dems...over taxing and regulating...just like California is today....
Capitalism has a Natural rate of unemployment; your point?

The socialism of Government can simply enact statutes at law to solve for simple forms of poverty.
 
We need to rely on the Law of large numbers, anyway. Increasing our minimum wage will increase the number of people who will be able to afford more housing.

Minimum wage increase has put thousands out of work and taken numerous jobs off the market.....so that is ridiculous...there are too many areas of California that is off limits for home construction due to the environmentalists....and green zones....so obviously a shortage of homes was inevitable....

Solving for simple poverty can help bailout and automatically stabilize any State economy.

Bailouts never help anyone...just ask GM...and NY city...

We should not have the socio-economic issues we do, in areas like Chicago and Detroit

What happened in Chicago and Detroit was done by dems...over taxing and regulating...just like California is today....

I think that is a reverse of causality. Economic profits attracts thieves:

Mining profits in the case of CA, which are still available as with rare earths and less famous products

Unique geography in Detroit, New Orleans.

A cash cow being built in the no longer used Erie and Michigan-Illinois canals.

With the expansion of the Panama canal CA will lose several Trillions of GDP. The number of looting days left is probably about a thousand.
 

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