The Ruthless Rise & Fall of California

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California’s economy is massive. If it was an independent nation it would be the fifth largest by GDP. In the Span of 150 years California went from a far flung Mexican territory with only 150,000 people, to arguably the most influential piece of land on the entire earth. Yet today it has the highest poverty rate when adjusted for cost of living, thousands of large companies are moving out, and for the first time in its history it lost population in 2020. How did California become so incredibly rich, just to become unaffordable for a vast majority of its population?
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Contents of this video
00:00 - California’s Economy
01:21 - California Exodus
04:20 - The Gold Rush
07:24 - How California Became Rich
12:26 - California's Cost of Living
14:37 - Worsening Educational System
15:35 - Unemployment & Inequality
16:47 - Taxes & Business environment
18:03 - Business Exodus
19:29 - The Death of the California Dream
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The video you’re watching right now would not exist without the monthly support provided by our generous Patrons:
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Sources used
www.theatlantic.com/ideas/arc...
siepr.stanford.edu/publicatio...
www.economist.com/united-stat...
calmatters.org/explainers/the...
Not so golden after all by Larry N. Gerston
calmatters.org/economy/2020/0...
www.loc.gov/collections/calif...
www.businessinsider.com/calif...
www.businessinsider.com/silic...
www.statista.com/statistics/2....
flowingdata.com/2021/03/25/in...
• What’s Driving Califor...
#CaliforniasEconomy #CaliforniaHistory #CaliforniaMidterms #Economics #CasualScholar

Опубликовано:

19 июн 2024

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Комментарии : 6 тыс.

@CasualScholar Год назад

Play War Thunder now with my link, and get a massive, free bonus pack including vehicles, boosters and more: playwt.link/casualscholarwt2022

@3kz Год назад

Hey

@h0ser Год назад

@JJ-iq5cv Год назад

Stupid video - back when CA had 33 million people, guys like you were saying everyone was leaving. Now we have almost 40 million. CA has the 4th largest economy and will overtake Japan in 6 years to become #3. Oracle, HP & tesla have not left CA, they've only opened an office or factory in Texas - all of their talent is in CA. You MAGA's need to focus on why red states are so poor.

@TheVoiceOfReason93 Год назад

Unrelated question to Casual Scholar: What would be your solution(s) to the above problems you mentioned? How would you reverse this if given the ability to do so?

@Swiftceo Год назад

@Big Dick Black It obvious he had an agenda making this surface level video. You won’t get a response.

@plr2473 Год назад

I'm from San Diego, born and raised. The only reason I can continue to live in CA is because my parents bought 2 properties while real estate was reasonably priced. For example, my dad bought a 3 bedroom condo for 30k in '74. Now that same property is worth about 600k. To put that in perspective, 30k was a little above my dad's annual salary when he bought it. 600k is like 8-9 times my annual salary. I inherited the place and never had to pay any of that. I'm now paying $400 in HOA fees a month, and like $50 a month in property tax, and another $150 in utilities. But that's it. $600 a month for housing costs. I consider myself very lucky. So many people out there struggling to make ends meet because of living costs.

@TheSteinbitt Год назад

You have to take interest into account, in ‘74 it would have been about 7.5% 30 year interest. And by 1980 closer to 12-15%.

@Unfluencer Год назад

@@TheSteinbitt the house was $30k. please take a basic math course.

@javierdelgado1554 Год назад

@@Unfluencer 30k at high interest is still a bargain.

@Nuka0420 Год назад

HOAs are fucking stupid where I live and having 400 a month in fees sounds asinine

@StripedJacket Год назад

Aye San Diego! Born & Raised as well My parents are immigrants but I can’t wait to own here in my home

@andrew.alonzo 9 месяцев назад

Back in the day, when I purchased my first home to live-in; that was San Fransico in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

@veronica.baker1 9 месяцев назад

If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.

@hunter-bourke21 9 месяцев назад

Home prices will come down eventually, but for now; get your money (as much as you can) out of the housing market and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes.If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.

@rebecca_burns14 9 месяцев назад

@@hunter-bourke21 Please tell me how can I connect to your advisor. My funds are being murdered by inflation, therefore I'm looking for a more profitable investing strategy to put them to work.

@hunter-bourke21 9 месяцев назад

Sure, the financial advisor that guides me is Mary Onita Wier and she's renowned and has quite a following. So it shouldn't be a hassle finding her. Just look her up.

@james.atkins88 9 месяцев назад

Thanks for sharing this, I googled *Mary Onita Wier* and after going through her resume, I can tell she's a pro. I emailed her and I'm waiting on her reply.

@SophiaChristian-so2of 10 месяцев назад

The effects of the downturn are beginning to sink in. People are being impacted by the long-term decline in property prices and the housing market. I recently sold my house in the California area, and I want to invest my lump-sum profit in the stock market before prices start to rise again. Is now the right moment to buy or not?

@JenniferDrawbridge 10 месяцев назад

If you are new to the market, I recommend seeking professional assistance. The most effective approach to creating a well-organized portfolio is to begin with a professional who is knowledgeable about the turbulent yet profitable market.

@MarkFreeman-xi3rk 9 месяцев назад

Over the past three years, I have been working with a professional who has provided daily guidance on my investment decisions. With their expert analysis, I have realized gains of over $1 million. Their insights have helped me avoid losses and capitalize on market breakthroughs, particularly during downtrends.

@cythiahan8455 9 месяцев назад

@@MarkFreeman-xi3rk How can I contact your Asset-coach as my portfolio is dwindling?

@MarkFreeman-xi3rk 9 месяцев назад

Can't divulge much, it's only right you do your due diligence. I'm been guided by “Margaret Johnson Arndt” and most likely, the internet is where to find her deets.

@humpteedumptee8629 9 месяцев назад

Time is market is worth more than timing the market. Indexes are the safest easiest bet. If your asking basic advice you have no business picking stocks. Open a brokerage account and by index’s or index based etfs. Google is your friend. Also don’t pay attention to it. 90% of people leave the market at a loss within a year. And it’s all because they look at it see red and s themselves. There’s no such thing as 10% annual returns of whatever people advertise. There’s negative 20%, up 39%, negative 15%, up 19%. That magical 10% is an avg over decades. Not a stable you can live if this and rely on anywhere near exact numbers. If you over invest and got no stomach you will end up 20-50% down and leave at a loss. Don’t invest in the market if your not planning on cashing out in 15 plus years. If you want 1-5 year stable returns with no rollercoaster fund a decent cd, dividend, or foreign bank account and settle for 5-7% reuturn (3-4% after taxes, inflation, exchange, etc).

@DiMacky24 11 месяцев назад

So glad I got out of California. Me and my siblings assumed we would never own homes, and that was just a fact of living in America. 1 year after leaving California we bought homes on blue collar incomes. American Dream is still here, just not in some states.

@thechosenone1533 Год назад

Isn't it ironic how California created the very technology that enabled businesses and tech workers to move out of California?

@herzeleid9525 Год назад

That’s how Capitalism works. That’s got nothing to do with “California”.

@Me-eb3wv Год назад

lol

@phoenix5054 Год назад

Not really, since the same tech companies seem to want to leave Califonia too. They aided their own migration.

@thechosenone1533 Год назад

@Big Dick Black California's big problem isn't how many people are leaving but who's is leaving. Rich people and big companies are moving.

@Cecilia-ky3uw Год назад

Not quite, it also fucked itself with its own policies, there is a reason why Texas is poised to skyrocket

@MrARock001 Год назад

It's fascinating that Thomas Edison inadvertently created the Hollywood film mega-industry simply by living in New York and being litigious.

@L_ky Год назад

And ironically Hollywood industry that once wanted to dodge the litigation are being litigious themselves.

@Jose04537 Год назад

@@L_ky “He who fights with monsters should be careful lest he thereby become a monster. And if thou gaze long into an abyss, the abyss will also gaze into thee.”

@1catinhat Год назад

I saw something one time that said part of the reason they chose California is because they had two choices Florida or California. At the time films needed a lot of sunlight and that was your two choices. California doesn't get a hit by hurricanes

@mikelight495 Год назад

Fascinating? Thomas Edison also received the most patents. Impressed? Where is g.e. today? Going as far as selling off its incandescent light bulb production to save itself from being totally insolvent. Edison was rumored to functioning on almost no sleep. When he did he took "cat naps" in his office. Sound familiar? Musk also does so to passively coerce his employees to overwork them selves. Edison was green with envy when teslas a.c. was made the standard format to distribute electricity over his d.c. going as far as trying to discredit a.c. with public displays e.g. electrocution animals with a.c. to display its danger...

@mikelight495 Год назад

@@1catinhat would you rather have an earthquake or hurricane? A dry desert or unbearable humidity. Sharks or alligators. Droughts or saltwater? Both have saltwater. You get one for the price of two. Or new York city that prides itself for its greed & callousness & indifference. e.g. the freedom tower is now 1 world trade center. It cost almost 3 times the cost of the of the tallest building in the world. Why? To make it more secure? We may never know. As far as changing its name from freedom tower to one world trade center? Perfect. It looks like a 1776 foot high phallic symbol. n.y.c. with its filty subways & unsanitary streets make it the world's largest toilet. How about cruise ships? They create a huge disproportionately amount of air pollution. Waste disposal? It has become known they have designs that they can illegally dump filty sewage. Cruise ships? More like floating toilets.

@patrickbeger8166 Год назад

That awkward moment when you realize something as boring as zoning / construction laws are largely responsible for a vicious cycle of economic imploding.

@kimathihalley 9 месяцев назад

aggregation of marginal losses/gains. too many ppl ignore the small details. the fact that california even relies on taxes is rather stupid and bad planning by the local govt.

@neoanderson7492 7 месяцев назад

all part of the plan

@PepeCoinMania 5 месяцев назад

That’s not even true

@odyshopody9387 Год назад

A little side note. There's an area just south of San Francisco called Candlestick Point, that's where the Forty Niner's used to play football, at Candlestick Park. That area got it's name from what you mentioned at the beginning of your video about sailors abandoning their ship to look for gold. Their ships would be towed to that part of the bay and burned, as the ships sank with their masts on fire it looked like candlesticks, so that's what the locals began referring it to, Candlestick Point.

@currentbatches6205 Год назад

Thank you.

@kyle857 Год назад

Why would anyone abandon a ship? Ships are expensive.

@Olsenator Год назад

Kewl story! I actually mean that haha this was interesting!

@jameslee5237 Год назад

@@kyle857 it’s like Uhaul of today, but in the opposite direction. Nobody wanted to leave CA by ship, and it costs money to have a permanent place to dock it.

@chrismcdonald2947 Год назад

@@kyle857 the story goes in the early days of the city if you sank your ship, which you owned, the land it rested on would become your property. Once they started filling in land. Ship owners are now property owners. Not sure of the whole truth but when they were digging new tunnels for trains they found an old shipwreck

@ar1-23x6 Год назад

The problem with being from California is that the weather makes you too comfortable to want to move anywhere else. You either have to move some place that’s too cold, too hot, too humid, too rainy or abroad.

@urphakeandgey6308 Год назад

For sure, and I'm not even actually from CA. I came from a place that had several typhoons a year, sometimes up in the Cat 3-4 levels. After living in CA for several years, yeah, it's hard to imagine dealing with weather that isn't just hot. I live inland, so the temperature is brutal in summer, but it literally never rains, storms, or anything.

@Mike__B Год назад

A bit generic of a statement, maybe if you talk about where the vast majority of people live then yes it's true, but California has areas that get really hot, really cold, snow, etc.

@robertdicke7249 Год назад

Yeah but I think a roof and food is a strong motivator.

@wangstick Год назад

Hmmm, a bunch of weaklings

@Meinan4370 Год назад

True but the “weather” in California gets pretty boring since it’s the same all year long

@ap774 Год назад

I'm in LA and what I'm seeing is the growth of upper middle class and lower class jobs. This is bringing in more people that make $125k+ while also attracting people making less than $50k. The average neighborhoods are becoming either more affluent or poor. The "middle class" can no longer sustain the lifestyle they have had and are moving to other states. This trend is dividing the community as you are either well off or barely getting by.

@newagain9964 Год назад

CA is the future of US: mostly Haves and have nots. Very few (comfortably) in the middle.

@jameslinzmeier368 Год назад

It is the same everywhere. Housing is only affordable for the upper class forcing the lower middle class is just struggling to survive. This is why soome are trynig to stop lower middle class people from voting in this country. Sooner or later as their numberincrease, the upper class will have to start paying their share in taxes. Didn't mean to go off topic, but it isn't really off topic.

@LouisGFranco Год назад

@@jameslinzmeier368 it's not so much/or only the upper middle class, it's all these investment firms, banks, basically wall street who came out the 2008 recession flushed with cash with a housing market ripe for their taking. Much like now with fed raising interest rates drving the real estate market down. Housing clearance sale for those who don't need financing. I still can't fathom how banks leveraging/creating money out of thin air at 23-28 to 1 found themselves in financial trouble. Give the average citizen the same power and I'm willing to bet we'd fair better than these industry geniuses. The financial geniuses label applies only because they actually got off unblemished whilst most sheeple argued about issues which affected their feelings/ego (purple teletubbies/sesame street characters) as opposed to personally affecting heir day to day life.

@garyshan7239 Год назад

the same thing is happening n the rest of the US but the cost of living in Cali is so high vs the rest that your middle class is upper middle to barely in the upper class. Im in Texas and since Texans have traditionally vacationed year-round in Colo, it is a semi-love-hate relationship. Now Colorado residents say at least Texans go home when their vacation is over. Its the purchasing power a Cali exile brings with them lets them outbid most instate residents where ever they decide to resettle. hen they want to make that place more like Cali. Usually not to the extreme but some things that are normal in Cali are jarring to people living elsewhere.

@KjtheGreatPro Год назад

@@jameslinzmeier368 I think there is plenty of money to go around, people just need to work harder to gain more skills to produce higher quality labor. If you think asking someone for ID is to prevent them from voting, you are wrong. It's to keep non citizens from voting. Who shouldn't be voting in the first place.

@sjustus7 Год назад

This is sad to see, but accurate. My late wife was a native Californian and despite being poor it was a great place to grow up then. It's sure not like that any longer unless you inherited a place to live or have a lot of money.

@jacksevert3099 Год назад

Welcome to American Capitalism friend 🇺🇸

@faheemabbas3965 Год назад

Welcome to Democrats my friend

@jacksevert3099 Год назад

@@faheemabbas3965 I thought Democrats were supposed to be Communists?

@KRYMauL Год назад

@@jacksevert3099 They’re more like trying to European, but not understanding how and why the European countries were able to get away with the social welfare systems they have. The Democrats party ultimately has just becomes the party of the non-profit industrial complex because the unions don’t participate enough in politics and only ever talks to the courts and fanciers.

@Animetal1 5 месяцев назад

I know the feeling. It’s not easy living here in the Bay Area.

@pauld.b7129 6 месяцев назад

I'm actually trying to build a tiny house in CA right now, and I've found out they HIGHLY discriminate against poor people. With permits, regulation requirements, and other added costs, I'm paying 30,000$ to the state just to be able to build anything. Honestly, its depressing. There's no future in California for anyone not making 6 figures. I'd pay the state the same amount it would cost to build my house, and for what? I'm basically paying them to stop me from using my own land.

@Zensurf-gn4pj Месяц назад

Same experience. Building anything in CA is double the building cost at a minimum.

@Laysha300 Год назад

I was born and raised in California, San Diego area, and I joined the military since I am first generation and realized I had no way to pay for college besides loans. I was stationed in Kansas and it is so cheap out here even though I want to move back home the cost of living in CA completely demoralizes me in wanting to do so. Im actually trying to convince my close family to move out here as well.

@lawbringer9857 Год назад

Who the heck wants to live in Kansas though. I'd rather be poor in Cali and living pay check to check than living well off in Kansas.

@dankelly5150 Год назад

@@lawbringer9857 My brother and his wife are soon going to be retiring out of California though they don't know yet where they will go?

@picklewithinternet2254 Год назад

@@lawbringer9857 I would rather be anywhere than california, ESPECIALLY if i'm in cali and broke.

@francisevans6595 Год назад

Please don't destroy other states because you let "progressives" destroy yours.

@eyeamstrongest Год назад

@@picklewithinternet2254 even when ur broke there are things to do in cali

@tmdwu5360 Год назад

Back in the day of Imperial Russia's pacific merchant fleet had huge amount of Finnish sailors, they were very well known around California ports. At their peak, some 20-25% of sailors in San Fransisco were Finns.

@rafanadir6958 Год назад

How do you know that?

@tmdwu5360 Год назад

@@rafanadir6958 These are hard to find in english, but i read stories about Finnish people in service of Russian empire, back then Finland was a grand duchy of the empire and finns formed a huge part of the russian pacific crews. Alaskan fur trade was a big part of their job but they sailed all over the coasts of northern and southern america. I should add that im Finnish myself.

@NorthSon Год назад

Do you have a source? Would be keen to check it out

@tmdwu5360 Год назад

@@NorthSon information was difficult to come by in english, but i managed to atleast find this one. en.wikipedia.org/wiki/Johan_Hampus_Furuhjelm They also had 3 Finnish ships called Sitka, Atka and Fröja. One of them had a Finnish captain called A. W. Riedell.

@NorthSon Год назад

@@tmdwu5360 Cheers mate! Seems interesting, will give it a look

@issacmba7671 Год назад

This may be the golden age of educational media. There’s been a rise of independent, no-budget, high quality, producers like this channel and others on RU-vid. Hard to believe this is practically free. Great job bro 😎

@Kruppt808 7 месяцев назад

if only we could get guys like this on the front screens and less of the nutjobs consprio vids popping up. But yes there are some amazing Educational vids about Business History, Military History ect....(those are the ones I sub to so those are the ones i know)

@jrileycain916 11 месяцев назад

I lived in San Diego for decades. I never dreamed of living anywhere else. I loved it there. I owned a house in Serra Mesa. In 2016 we rented it out and moved to Ecuador for a few years. Whenever we'd come back to visit I saw SD with fresh eyes. It's become Los Ageles-ized. If you don't live within one mile from the ocean the weather is like Phoenix by the sea. It's a coastal desert. It's massive high-speed aggressive freeway traffic and strip malls. Great Mexican food, though. In 2018 I sold my crappy little tract house shack for way more than it was actually worth, moved to New Orleans--paid cash for 2 houses (with money left over)-rent one out for income and live here happily ever after. New Orleans is like living in a 3rd world country but there's way more freedom and the people are relaxed and friendly. If you're uber-rich living in San Diego/La Jolla is no problem. But for average middle class folk it's becoming impossible.

@Labyrinth6000 Год назад

James Marshall could have been the richest man in the world had he kept quiet about his find.

@tmdwu5360 Год назад

Sure for a while, gotta remember that when it comes to gold people get ruthless. Back in those days gold rushes got really wild, eventually somebody else would have found out and word start spreading.

@jaygoldstein651 Год назад

Could HAVE

@Labyrinth6000 Год назад

@@tmdwu5360 If I found gold, I sure wouldn't tell ANYONE about it, not even those I am close to.

@acbariebasuk Год назад

@@Labyrinth6000 That's way you will never find one 😄

@sociedadnortena9514 Год назад

California would’ve stayed majority Hispanic

@jimmyhuesandthehouserocker1069 Год назад

Back in Beach Boy days, a typical LA apartment rented for only like $250 a month in today's money. LA was once known for cheap rent, or so I've been told.

@rexx9496 Год назад

LA rents were fairly cheap as recently as 2010. You don't even have to back to the 1960s.

@Dcoxtxful Год назад

@@rexx9496 You have no clue what you’re talking about. I moved out in 2003. It’s been expensive the entire time I’ve been here.

@rexx9496 Год назад

@@Dcoxtxful in 2010 I had a beautiful spacious 1 bdrm with fireplace and balcony. One block off Ventura Blvd in Sherman Oaks for $1150 a month. It's probably going for double that now.

@erebus79 Год назад

@@rexx9496 that's not cheap lol

@rexx9496 Год назад

@@erebus79 It was a pretty nice apartment in a great walkable area. For the time it was a good deal.

@dunlopfamjam158 Год назад

Wow! This was so well made. Bravo 🎉

@sengssk Год назад

"Dan Walters, a journalist who has covered California government for more than 50 years, wrote in 2020 that the Golden State is beset by a “crisis of competence.” As a result, government agencies’ “chronic inability to provide rapid and efficient service-to simply do their jobs-has created boundless frustration and anger.” His list of particulars is long and depressing: accounting systems that don’t mesh; housing programs that don’t mitigate homelessness; a high-speed rail initiative that the Times, once an enthusiastic supporter, recently called “the project from hell”; schools that don’t teach; a power grid that takes sabbaticals. Vox founder and California native Ezra Klein reluctantly conceded the point in the New York Times earlier this year: “If progressivism cannot work here, why should the country believe it can work anywhere else?” That is, a state where Republicans are in no position to prevent, undermine, or even discredit any policy initiative should be highly conducive to progressive achievements. Democrats hold supermajorities in California’s state legislature and account for 80% of its congressional delegation. More than a decade has passed since a Republican won election to any statewide office. “California is dominated by Democrats,” in Klein’s summation, “but many of the people Democrats claim to care about most can’t afford to live there.” In the wake of its governing failures, California has turned into a net exporter of people to the other 49 states." claremontreviewofbooks.com/progressively-worse

@mattr2626 Год назад

Lived in CA all my life, I plan on moving in a couple years. It's just ridiculous the cost of everything here, groceries and gas are through the roof. I got priced out of my rent a few months ago I'm gonna miss the state I won't lie. There's plenty of good things about it. But the lawmakers just will never learn

@andyc9902 Год назад

Dallas Texas. Think about it. If you want

@rexx9496 Год назад

@@andyc9902 Dallas is shit. A clusterfuck of urban sprawl. About as uninteresting, bland and charmless a city as it gets.

@thejohnbeck Год назад

it's the voters too.

@andyc9902 Год назад

@@rexx9496 I meant about taxes and weather. Every where is shit. Unless eastern Europe. Trust me every where is shit

@mattr2626 Год назад

@@thejohnbeck the fact that LA and SF have a stranglehold on our decisions makes me dead inside. A lot of CA is actually very red, especially here up on north

@Priinsu Год назад

I just moved back to San Diego because of my job and I had almost forgotten how poorly designed and managed the housing and cost of living situation is. A one bedroom apartment can run $2300-$2600+/per month.

@JakeStateFarm420 Год назад

Same in Seattle. It’s the whole west coast not just Cali

@lordzaack617 Год назад

new york too

@JakeStateFarm420 Год назад

@@lordzaack617 New York has been expensive this isn’t anything new.

@lordzaack617 Год назад

@@JakeStateFarm420 just saying the whole expensive housing thing people complain about in california can be even worse in nyc , it’s awful

@JakeStateFarm420 Год назад

@@lordzaack617 Sure, I was just pointing out that nyc has always been expensive. The people living there knew that when they moved. Cali only started blowing up crazily in the past what 10-20 years? Seattle just starting in the past 10.

@erickeith1466 Год назад

Born and raised in California, the product of a foreign mother and a father, who moved from another state for a better life. California has been on the decline since the 1990s. My wife and I have a move out plan and gone in the next few years. We already bought a property in another state that we like much better. The state of California is only a couple disasters and a few more bad policies away from absolute anarchy. Schools are terrible, traffic is terrible, the cost-of-living is terrible, crime on the increase, homeless population out of control, insane politics, corrupt unions, massive, housing shortage, skyrocketing utility costs, and basically a local government that literally hates its own tax payers. The only fix for California is for everyone to leave and vote very differently once they get somewhere else. I spent a lot of time in Austin Texas, and I could tell you that city is ruined. Do not make the same mistake. Do not export California’s terrible policies elsewhere as it’s a cancer.

@bryanbarajas5499 Год назад

See ya, we won't miss ya

@bibop224 3 месяца назад

Can you tell more about what you saw in Austin Texas? Austin was on my list of options where to move next...

@cjhan9816 2 месяца назад

1980s, when CA's golden age economy was beginning to decline such as its diverse manufacturing industries upon departing at various states or abroad.

@JimBanks64 Год назад

This was a well done video. I was born and raised in California. Left in 1990,but recall the good times of the late 60s, 70s and even 80s. Got my education while it was still good.

@jaredspencer3304 Год назад

Lots of Californians think about moving. But one question keeps them from doing so: where to? When you're from California, or used to living there, moving anywhere else seems worse than trying to wait out the housing crisis. I've had this conversation with literally every one of my friends. They want to move, but can't think of where they'd go that they wouldn't regret. I recently left San Francisco and moved abroad. I'd love to come back in 10-20 years if they can bring housing costs back under control. California still has so much going for it.

@chrisblue4652 Год назад

I would recommend Colorado. Usually has pretty good weather, though alittle more crazy (no one beats California) with occasional hail in the summer and freak rainstorms flash floods. Has good public lands with great outdoors. Has a decent job market with some higher income industries. And biggest benefit of all is lots of empty land and plenty of affordable brand new constructed housing. Plus the taxes are reasonable and government is pretty moderate. Also has a good airport with good connections. Biggest negatives: far away from anywhere you might want to travel to, especially if you like traveling out of country. And the infrastructure in center of denver is badly planned. It's like a small city grid that grew way too large and now its a massive gridlock. The food options are very meh. Everything shuts down and closes by 8pm, even gas stations close down at like midnight. But if Calfiornia is too expensive, colorado would be #1 on my list.

@jaredspencer3304 Год назад

@@chrisblue4652 I'd say Colorado, Austin, and NYC are the most common places for people I know who have left. And I think it basically comes down to whether you can tolerate cold weather. Californians don winter coats when it hits 65 degrees, haha.

@dukehong7491 Год назад

If 10% of the people talking about moving out actually do, then cost of living (housing) will drop enough that it the rest won’t. The video doesn’t really get into the people leaving are lower income and education than the people coming in, which is good and bad, and that companies moving hq out is meaningless really. These companies aren’t growing or it’s just a token number of jobs moving with them. Most of Tesla and SpaceX eng are still in CA for example. HP moved their enterprise division which is dying if not dead already

@jgamer2228 Год назад

It’s the literal human shit capital of the United States. I hope to god for y’all’s sake it does get cleaned up. Meanwhile I’m just hanging out in Texas enjoying my lower taxes and gun rights

@floridaray3380 Год назад

I do not recommend Florida

@flotsamike Год назад

When I lived in California nearly 30 years ago I would say one in four homeless people I ran into in the Bay area weren't from California at all but liked to spend time there because California is one of the nicest places in the country to live outdoors. I realize economics have changed a lot and some people are forced to be there, but I would imagine there's still a large proportion of people who see being homeless as being free.

@stellaoh9217 Год назад

California attracts dreamers who shoulda stayed home. The advantage of states in the middle is their growth is slower & economic busts don't hurt that much. California has no control over the wave of market booms and busts the Right brought back with Reagan & financial deregulation.

@mojus2890 Год назад

@@stellaoh9217 a lot of it is just bad management.

@badluck5647 Год назад

Many of the homeless won't go to shelters, because they require them to be sober. Meanwhile, California has practically decriminalized drugs.

@michaelimbesi2314 Год назад

I doubt it. Being homeless isn't something that normal people do willingly, because it involves eating literal garbage. The reason that so many homeless people went to California for the weather isn't because they chose to be homeless, but because they became homeless and ended up migrating to a place where they wouldn't have to worry about freezing to death.

@badluck5647 Год назад

@@michaelimbesi2314 There are other places without cold weather, but California cities also allows them to crap, eat, and do drugs anywhere they want. Let's not forget, CA has also decriminalized shoplifting. San Francisco is the Mecca for vagrants.

@CristinaDavalos1127 8 месяцев назад

I was born and raised in SoCal. In the 60s my minimum wage parents were able to buy homes for between 12k and 21k...today those same homes are 650k to 800k...it's gotten ridiculous that wages have not kept up with the cost of living. Sadly, the California dream ended long ago 😢

@SandraAnnEvans Год назад

THANK YOU FOR SHARING YOUR KNOWLEDGE . . . 😊

@stratoplayer1988 Год назад

I'm a California-native who moved out of there almost 10 years ago. While I have fond memories growing up there, I just can't stomach living over there ever again. There would have to be a huge incentive for me to even consider moving back there even if the cost and quality of living there became manageable.

@derpderp8440 Год назад

Your ass better vote republican else you will turn texas to another california.

@jakesmall8875 Год назад

I just left Dude the people there are horrible people they’re all toxic af

@jessedevilbiss8436 Год назад

Santa Cruz was cool when I was born there in the 70s. Now I hate to visit family and friends because they live in California and are miserable.

@Junior_Rocky Год назад

Well it won’t (unfortunately)!

@jessedevilbiss8436 Год назад

I live in rural mid Michigan farm land. I've lived in the city. The noise pollution isn't recognized until you live 12 miles from a gas station

@dolphingirl12885 Год назад

I grew up in southern CA and it has been on a gradual decline since early 1980s. I visited recently and it’s depressing. So glad I moved to southeast couple decades ago. Cost of living so much lower, cleaner, people nicer, etc

@seant2808 9 месяцев назад

and $3.35 an hour for wages.

@whodarboilebamnames3990 8 месяцев назад

@@seant2808And?

@Rad9000 9 месяцев назад

Born and raised in California. My mother and I were actually born in the same hospital in Orange County (I remember when Vans were made locally in Orange!). My parents, who worked in aerospace, were priced out of state in the late 90's. I in the mid 2000's. I remember noticing the educational change while living in San Diego. State schools were designed to be financially easy for Californians to attend. By the early 2000's that model had shifted to favor out-of-state students because of the higher tuition they generated. Because of this it became very hard to be admitted by a university over someone coming from outside the state/country. I still love my home state and I hope something can be done to reverse it's current trajectory before it turns into a state version of Elysium.

@scott2452 Год назад

The development of the Panama Canal also had a massive impact on the development of California

@nathanross7448 Год назад

And the control of the canal being turned over to Panamanians, and the widening they have planned for it, will have further impact in the future

@sucraloss Год назад

Very well done, I really like your mix of graphic visuals and live footage! I’m sure this takes quite some time to put together, kudos!

@MichaelA-cu8zg Год назад

I am an engineer in my early 30s and saved up enough where I can put down about 15-20% for a home in California. I have immediate and extended family that lives here for now, but I can see myself leaving if my parents and brother leave (my sister is already out of state)

@Dan16673 Год назад

I'm a engineer also, nothing special but after 8 years in Dallas I saved enough to buy a nice house in cash. That's the difference

@henryjohnson-ville3834 Год назад

True. The only thing stopping me from running away from Commie-fornia is family. My other side live in Washington and I absolutely love the weather there, sure its gloomy and rainy but better than hot and sweaty. Plus no income state tax! 😁

@skurinski Год назад

@@henryjohnson-ville3834 Washington is just as commie...

@SandraAnnEvans Год назад

You HAVE to be in TECH to be able to do that or still live at home with your parents to have been able to do that . . . Or MAYBE EARLY CRYPTO INVESTOR?

@BrilexLaAuthority 10 месяцев назад

Get out while you can lol

@ccsmooth55 Год назад

I was born and raised in CA. Lived there most all my life. I was forced to leave because I could no longer afford to live there.

@sequoiah_tree5510 Год назад

As someone who grew up in santa cruz ca its extremely sad to see what has happened to my hometown

@christiandauz3742 Год назад

You make it sound like Republikkkan shitholes like Idaho, Missouri, Alabama and Mississippi Remember Texas let 250 people FREEZE TO DEATH because they didn't want to spend money to weatherproof their power grid

@life_of_riley88 Год назад

Native Santa Cruz mountain boy here. . .yeah Santa Cruz itself is getting pretty weird(in a bad way). Lots of tech workers, $3,000 studio apartments, and traffic on the 1 is absurd every morning/evening.

@christiandauz3742 Год назад

@@life_of_riley88 Part of the blame is the stupid US suburbs and lack of public transportation If the US had European surburbs and public transportation we would be much better off! Damn you car companies!!!

@life_of_riley88 Год назад

@@christiandauz3742 I do agree on transportation, but I see a much bigger issue. Its the fact that some people in the local(to places like Santa Cruz) economy have access to basically free money. When credit for companies, real estate buyers, VC investors etc is basically free or is so cheap as to be free, all that money ends up in the hands of workers, founders, managers etc of those entities that can borrow cheap. So if you had tons of very cheap money at your disposal, what would you do? Buy real estate, that's what you do. Our money is broken, and some people have access to such cheap money that it almost doesn't matter to them. For everyone else, all they see is real estate, cars, rent etc going up in price at 10+% per year. This is because THEIR money doesn't come so easy, or free. It's all because the cost of borrowing has been basically free since 2008.

@infernaldragon5210 Год назад

I went to UCSC circa 2011-2016. It was getting bad at that time. I am glad I went to school at that time and not later. I can't imagine what it is like there now in terms of cost of living.

@fredhurst2528 Год назад

I lived in Arizona for most of the nineties, plenty of California exodus happening then. The classic was getting houses in both Flagstaff and the valley for cheaper than one home in any coveted Cali local. People in Flagstaff frequently told me how real estate there skyrocketed in price from this. Suburb in the forest.

@upside93 Год назад

I'm not from Flagstaff and I don't intend to move there, but I visit somewhat often and I really do wish it was the kind of place no one knew about... Like, it's Arizona, no big mountains and trees here, nothing to see move along

@ecinaz Год назад

Cali is ruining AZ. It's very 😔 sad.

@thegreyghost5846 Год назад

@@ecinaz californians ruin every place they move to, the housing markets and costs of living explode where ever they go

@skurinski Год назад

@@ecinaz yup. Arizona is turning democrat from all the idiot Calis moving in

@oldleatherhandsfriends4053 Год назад

@@ecinaz It ruined AZ. Housing is getting into Cali prices but wages and jobs aren't keeping pace. two bedroom apartemnts go for 2200 a month. It's not the same place I grew up in.

@joshmoyers4750 Год назад

The last time I was in California it costed 10 cents just for a plastic bag...... pathetic

@McRuffin Год назад

As a bay arena native. Cannot wait to leave. The only reason I stayed so long is because I have family that for whatever reason want to stay. In my area crime is exploding and a house is not affordable. They tax the highest yet there’s potholes and roads haven’t been touched in decades. Haven’t decided where I’ll be going. But most likely NV,AZ or FL

@porthose2002 Год назад

Kudos to you for being willing to take on this topic.

@carriehooper32 Год назад

I lived in San Diego as a teenager and young adult. I loved it there but when my dad retired we just couldn't afford the cost of living anymore and I couldn't either as a young college student. Additionally, the San Diego wildfire of 2004 which was the worst wildfire in the area up to that date was something very scary we did not want to relive and they fires have only gotten worse. We moved back east. Ironically ended up in a town whose tourist industry boomed after we moved here 17 years ago and now the cost of living is getting insane here too. I have met so many other people here who have fled California.

@StripedJacket Год назад

Yo remember the the red-orange skies that looked like a horror film, everyone masked up, no school. I was a tiny kid but I remember that time.

@johnc1014 Год назад

I remember the Cedar fire in 2003. I was 8 or 9 and I remember the ridge of the mountains in front of our home glowing red and orange. We didn't have to evacuate for that one, but we did in with the Witch Creek fire a few years later. That one got to within 10 feet of our home and burned down one of our horse corrals. Now, I live in San Antonio, Texas. Honestly, I was never really afraid of wildfire. I know it really sucked for those who lost homes or died, but for me it was somewhat of an adventure. I was a kid, so I just made the most of it. It completely tore through a mobile home park across our street. That became a neat site to visit until they cleaned it up and built super expensive homes there. I wish I could go back, but the cost of living simply makes it impossible. I complain about $3/gal gas right now in Texas. In California, I never once saw it get that low. The government simply imposes too many taxes, too many regulations, and spends far too much. If that could change, California could easily become the best state in the nation. Instead, it's one of the worst.

@fredschnerbert1238 Год назад

Oh, come on now, what's a little fire... You can't be from the North LA burbs if you never been evacuated for a fire! My first was 1967 at the age of 9 Our back hill, dropped about 100 ft on a grade, luckily we had Sprinklers! They let us leave them on, the fire burned everything past their spray pattern 25 years later, they BUILT Houses on those same hills behind us that burned in the 1960's Progress

@theonlyonestanding8079 Год назад

@@StripedJacket yup we had that in SF. It look like the scene from the movie Bladerunner..There's a RU-vid video on it🌉🌉🌃🏙🌁🌁

@mab1ism 10 месяцев назад

Las Vegas.

@QuinnJACKSON-zx1dx Год назад

It is mind boggling how the State of California decline to this state in 50 years.

@charliec5449 Год назад

Not really. When you have people who won't change their far leftist voting ideology, the result is a ruined state. Then when they move they take that same ideology to their new state to ruin that state as well eventually. Liberalism ruins whatever it touches. Just look at all the cities in blue states. They voted for this in California and wonder why their state is in the shape it is.

@dangreene3895 7 месяцев назад

Yeah I am 69 when I was a kid and teenager California was the place of a young mans dream , but not now its sad what has become of this rich state which once was the envy of the rest of the country .

@jw362 Год назад

The "collapse" of California is one of those sagas that has taken on a life of its own on the internet. It has little to do with what is actually happening or not happening in California.

@niltoncosta6095 Год назад

Agree, I think it's rather overblown to be honest

@backpain100 Год назад

I agree. California have its fair share of problems, sure, but it also got other upsides - just like anywhere else. The internet is too sensationalistic sometimes.

@MetalSandman999 Год назад

It's overblown but things are going that way. Overall crime is lower in California than many states, but this is changing. Homelessness is so widespread that it changes the daily lives of not only its victims but everyone. And housing costs being so unsustainable and rising so quickly and consistantly will warp the economy more and more. This will further reduce quality of life even for those who can afford good housing because there will be fewer and fewer people working in necessarily low-paying (or even moderate-paying) service jobs that the economy runs on. California, by many metrics, has had a very high quality of life. But rising homelessness, rising crime, and rising home prices will lead the state further snd further doenhill, even apart from all the controversial political issues.

@niltoncosta6095 Год назад

@@MetalSandman999 I think it's like that everywhere now though. Big cities in Texas are pretty expensive now. Florida is getting expensive compared to even 2 years ago. I feel like everywhere is likely going to decline in quality of life as prices, particularly housing, keep increasing. Unless we all move back to small towns and work at the gas station or supermarket, we're all in for a hit I'm afraid, not just California.

@turkicslav5562 Год назад

@@MetalSandman999 idk was raised in Southwrn Florida and been to LA. I have never ever seen so many homeless mentally I’ll people on the street Also been to several cities , Philadelphia was insane. Holy shit

@zakyeeet5731 Год назад

Very interesting video, never knew this much about California !

@CasualScholar Год назад

Thank you!!

@MetalicAtheist Год назад

"Silicone" is a man-made polymer derived from the chemical element Silicon. It has no use in computer chips, rather it's used as an insulator and some plastic/rubber products. The name is Silicon Valley, because semiconducting silicon wafers form the basis of integrated circuit technology.

@dansouthlondon9873 Год назад

Cheers Jeff

@timun4493 Год назад

silicone valley is further to the south ;)

@D_Marrenalv Год назад

@@timun4493 lol

@patmccall1818 Год назад

@@timun4493 beat me to it goddamnit

@klondike3112 Год назад

I noticed the same thing. I think the pronunciation of silicon was just a function of his accent, though. He only said something similar to silicone once in the video, the remaining instances of the word were all stressed correctly.

@benjamintocchi7909 Год назад

I live in Boston and I am on a zoning board, and there are two important factors on housing you left out: (1) 2nd homes - weekend apartments: a trend seen in New York, Boston, London, Paris, etc. is prime property in the most desirable neighborhoods is being snapped up by the ultra-wealthy who utilize these as 2nd properties throughout the year. This causes the merely rich to become priced out and cascade into working class neighborhoods, displacing more people. This is why hardly any Italians live in Venice, and that city is hemorrhaging population. (2) Foreign investors: the US is one of the few countries to have zero residency restrictions on property sales. Many foreigners, especially from places like Russia and China, will purchase luxury central city condos as a way to park their money outside the reach of their authoritian home governments. This has the effect of continuing the demand for luxury housing which a region normally has a finite limit for, leaving cities with a tons of vacent but owned properties, and crowing out investment for workforce housing.

@lindsayb7811 Год назад

I know states are hating on Californians, but we didn’t want to be priced out. It could have happened anywhere, but it happened to us. Leaving everything because you can’t afford to stay feels awful. I’ll miss you forever SoCal.

@angelmendez2211 Год назад

The thing is when people originally moved to California there was a good time where people can rise up ranks, and there is still opportunity today for that to happen still if you take proper advantage of it. For people moving out for cheaper areas eventually the population will became unstable and due to how those states are structure the housing market will definitely collapse faster. There no Florida dream or Texas dream it just cheap that you have to live there but will it always be like that where there heading it doesn't look like a lifelong investment.

@andrewgoss6486 Год назад

It didn't just happen by accident. California's poverty issues are caused by socialist-progressive policies and were easily and actively predicted.

@angelmendez2211 Год назад

@@andrewgoss6486 I didn't know corporation buying up property to price gouge, and home Airbnb are progressive policies. When that bill that happen decades ago caused by progressive polices that force single housing, and limited the government power to have California to have too much NIMBY power that halted any future project that can change the neighborhood for the better. I didn't know that was a progressive California sounded more like a Reagan or Dems neo liberal California that spread everywhere. Also why is Florida problems exploding way quicker as there population grow more and more faster in such a shorter time that California's did in in decades. sounds like there housing market ain't as great as California. I didn't know Florida is a progressive state.

@angelmendez2211 11 месяцев назад

@mattliehr3124 Yes it way worse.

@BodeMendes-ih7zt 9 месяцев назад

@@andrewgoss6486Did you miss the part in the video in which the beginning of Cali’s problems began with the decentralization of housing on coastal areas to benefit the rich? The transition to large single family homes wrecked the infrastructure already built there, ie: private ownership kinda started the downfall of those huge economic areas of cali. Sure you’d like to say “muh taxes”, but that isn’t really the case here. The taxes are a consequence of bad economic policy and privatization. Good infrastructure really plays a huge role in a population’s ability to function correctly, and the snowball effect of bad policies can really ruin things for a nation/state.

@FinnReinhardt Год назад

Great video and soothing voice over. Keep it up 😃

@ianhansen6840 Год назад

As a Californian who left (2020) and is subsequently going back (2022) here are the reasons you might stay: 1) Don't believe the hype. I couldn't see the forest for the trees (making good money from my own business regardless of the hype about taxes), and I make far less money now in Michigan. Don't be so sure you are better off because you can pay cash for a house or can put 50% down somewhere else. Really do the math with your California education and then do it again to make sure 😉 2) People are tribal and although we have NorCal and socal and little petty tribes within California, we are perceived as one people by other Americans. You will be "The Californian," wherever you go... 3) You have more in common with Californians than you do with other people. I didn't realize this because we have petty tribalism within the golden state but we Californians who grew up there are our own culture. You will miss it when it's gone, even if you move with your whole family... Just food for thought if you want to escape because things aren't great right now. Most California issues are worldwide problems if you want to end up in a place with similar amenities.

@PxlEarth Год назад

I'm a Victorvillian resident, [YES, Victorville is a real Cailfornia Town/City] and it really isn't that bad here, I recommend LA residents move here, one house can cost around 60k$ to 30k$ You may experience some drought but it's okay! It's warn a nice in spring and cold in December, and yes there are delayed snow days sometimes. LA residents, please move to Victorville!

@blueagle-di6is 11 месяцев назад

I'm from south Florida and had to leave because of so many Californians moving there during the pandemic.

@ChadwickTheChad 11 месяцев назад

You're not even American, so have you considered going back to your own nation?

@freesk8 Год назад

Wow, great video. So insightful! Spot on. Thanks! :)

@CasualScholar Год назад

Thank you! Glad you enjoyed :)

@White20445 Год назад

I was born and raised in California and I am preparing to move next year. My wife and I both make ~$90k a year and we cannot afford to live here. The crime, homelessness, awful apartment living with high rents, and terrible governance are reasons I cite for leaving. We will pay the outrages mortgage interest rates to get the hell out of here and raise our family.

@cats400 Год назад

Where to?

@stephanieedwards9854 Год назад

That's fine and all, just don't turn wherever you're moving into California.

@JorgeM270 Год назад

You make $180k a year and there's NOWHERE in California you can live? Nice joke

@aaronc6586 Год назад

@@JorgeM270 I think they mean to say they can find the same quality or better for cheaper. Taxes in CA is a bottomless pit of all things good.

@bruh-so8vp Год назад

@@JorgeM270 most likely before taxes and they probably make that amount in a city like LA or SF where they still wouldnt be able to afford a house or a mortgage on top of other expenses

@lowerastral1963 Год назад

Yep ... my wife and (adult) daughter and I got the hell out of California, never to look back, well, except for watching this video and thanking myself for actually finally getting my wife to agree to get the hell out of that massively expensive state that, honestly, I have no idea how anyone can afford to live there. Plus, there hasn't been potable water there for several decades, unless, of course, you start counting right at this very moment in time, as the Sierra Nevada and Siskiyou Mountains in Northern California have been receiving record snowfall during this winter season of 2022/2023.

@jacksevert3099 Год назад

People just have more Capital than you and America is a Capitalist country. I really don't see the problem unless you're Communist

@eliasadam2345 9 месяцев назад

I used to live in California and had a decent paying job but was living paycheck to paycheck practically. As soon as I moved out of California my net worth went way up. I wish I had moved out of California way earlier, I'd be even further ahead in life.

@Unknown-rv1rf Год назад

I’m from San Diego, my dads side of the family is from Chihuahua and TJ, my moms side of the family is from the south and Ohio and Kentucky. The problem is with California is the house costs, my house cost $815k just for a 1 story 2 bath and 4 bedroom with our own garage. I’m constantly seeing my family moving out of California and to cheaper states like Texas. For an example, my uncles house in Dallas is a 2 story 5 bedroom 3 bath with their own backyard being huge and a child’s dream just for around $250k - $300k. California really has to fix this.

@sebastianorozco1114 8 месяцев назад

Nothing will change. The voters here keep getting dumber.

@gpond7 Год назад

Fantastic job, you earned another sub!

@XxXgabbO95XxX Год назад

One of my favorite channels lately

@Anthony-io7xb Год назад

The problem I commonly see especially in the Sacramento valley is the lack of available housing that isn't already priced out of the market. So often when housing is being built it is extremely expensive Single-family car oriented housing. This drives any substantial growth out of the area and increases the rich-poor divide. What California needs to do to cement its place as the world 4th largest economy is encourage building more housing, multi use preferably close to cities where jobs are. This will help the growing homeless issue and reduce the cost of living for many who are priced out of the market which increasingly sees housing as an investment and not a commodity.

@MetalSandman999 Год назад

The problem isn't just single-family homes. When we see new high density housing built, whether apartments to rent or condos to own, they tend to be expensive luxury housing. In theory, if you built enough housing on a macro scale than the cost goes down across the board. But you would have to build tons of new housing to have that affect. Meanwhile, what is built doesn't give much option to the middle class renters and buyers who maybe could get by paying $2,000 per month or $500 to buy, but can't afford paying 50-100% more for housing that caters to the wealthy.

@paulwblair 7 месяцев назад

Prop 13 is a big reason for this. Municipalities don't want to build dense housing because they end up lowering per-capita property tax revenue.

@mirzaahmed6589 9 месяцев назад

11:08 higher education was never "free" in CA. There was officially no tuition, but there were plenty of fees, which amounts to the same thing.

@jonathancruz5932 Год назад

I used to live in Southern California from 1996-2022. Now I am living in Washington state and I would never go back where I just been through

@Cyrus992 Год назад

Which part of WA? Hopefully the eastern part.

@KPHVAC Год назад

I was born in California and lived there for 30 years. Moving out of California in 2018 was the best decision I ever made!

@JT-pt5tl Год назад

Good for you

@ecinaz Год назад

Great job. Just don't vote for the same effed up policies that you escaped from.

@KPHVAC Год назад

@@ecinaz I never did vote that way, or fit in with the average Californian!! I absolutely love our constitution and my right to bear arms!!

@Stupid_you_so_stoopid_UHF Год назад

@@ecinaz what the heck is going on in AZ? No way Hobbs won that IMHO

@ecinaz Год назад

@@Stupid_you_so_stoopid_UHF Cali is ruining AZ. I live in liberal Tucson which is only like 30% conservative, but I can't believe that Hobbs won. I'm still in shock. I can't believe that Arizonans would vote for a total socialist, anti-police, pro open borders, gun grabbing, CRT supporting, tax raising nut job. People have lost their damn minds.

@myteli Год назад

As a Californian who's lived in TX for 10+ years, I'm glad companies and general public are/is migrating in large droves. No state should hold so much power.

@StripedJacket Год назад

Lol

@deeznutz32108 Год назад

New York State was as powerful as California in the 1900s

@myteli Год назад

@@meep2253 California is not responsible for people's/company's choices, but they ARE responsible for how they govern them.

@dethtour Год назад

@antonio perez most of those companies were these before the heavy taxation. They're all moving to Texas for a reason. Also those people ate moving to Texas and Texas will also be ruined.

@ae-cha641 Год назад

Hope you left your Democrat politics over there. Don't california my texas.

@alternatereality7713 Год назад

I love the weather of SoCal. Sunny and mild most of the year.

@tonyt73 Год назад

I finished my high school years in Northern California, joined the military afterwards and completed a full career. Amazingly, I received orders back to CA for my last assignment. I retired and stayed local with my family, however, it didn’t take long to realize why 95% of the other military members who attended the same transition from mil to civilian class with me all decided to leave CA. I regret staying here and as soon as our youngest graduates high school we are partying ways with this place. The biggest problem with this entire state is its collective inability to be innovative. That used to be a strength and alluring attribute…it’s now a hindrance due to all the accumulative bad decision making generation after generation. I will not miss this over-rated and full nightmare of a state. The wounds out here are completely self inflicted, taxing everyone and everything into oblivion is driving the exodus and speeding up the timetable for a complete collapse. I don’t want to be anywhere near this place when that ultimately happens. Yikes! Great video, but the attempt to add a glimmer of hope at the end won’t save this place.

@alexmuenster2102 Год назад

>>biggest problem with this entire state is its collective inability to be innovative.

@wr31rf Год назад

@@alexmuenster2102 calm down lol

@christiang8859 Год назад

If you plan on moving out of California check out Garden City, Kansas it's becoming a place for alot of California's that move out state. Garden City, Kansas is booming and expecting to reach 100K population in about 30 to 40yrs. Garden City, KS also was ranked 2nd best place to do business in the state of Kansas.

@jjgreek1 Год назад

California isn’t innovative? Tell that to RU-vid, and Facebook, and Google, and Tesla, and SoaceX, and…the the top Four of the top 10 best universities on earth.

@jjgreek1 Год назад

@@christiang8859 I would rather be poor in California than very rich and have to live in Kansas

@themissinglinksofhistory1292 Год назад

well made video loved it.

@soulwailer3394 Год назад

The stats about Venice Beach vs Metro LA population growth since 1960 might be true, but they are applied in a misleading way. Venice Beach encompasses a 3-square mile area and was largely built out by 1960. As the residents have aged and their children have moved out, it makes sense that the population would show some decline as household sizes get smaller. The newer people moving in are also having fewer children since fertility rates are declining. Metro LA on the other hand, encompasses 33,000 square miles and still had an incredible abundance of open land in 1960. So it was much easier to achieve 91% population growth because there were many places available to build houses and apartment buildings. The substance of this video seems to be taken mainly from an Atlantic Article that was in large part written based on the work of a single pro-housing advocate, so the stats presented are done so in a way to push that agenda, not to present a balanced view of things. The information about school overcrowding is even more baffling because the number of school children in CA is in serious decline due to plunging fertility rates. Most districts are competing for a shrinking pie of students with other districts, charter schools, private schools, and home schools. The district I live in is considering shutting down 4 out of 13 schools due to a 1/3 decline in enrollment in just 10 years! There are currently more 8th graders enrolled than kindergartners, so the trend is still accelerating!

@zerocal76 Год назад

I appreciate the info you added here. This is why I watch multiple videos/docs on any important topic and then supplement w/ articles. It will be nice to have a one-place-for-all info quality of videos/docs (even if we have to pay for them)

@MetalSandman999 Год назад

Fewer students doesn't necessarily mean smaller class sizes. As teachers quit or are laid off, there can still be more students for every remaining teacher even if the total number of students declines.

@AW1Lucky Год назад

Retired enlisted US Navy 33 years ago in San Diego. Met and married a local girl and after 30 years together she passed. Spiraling costs, taxes, crime, and increasingly egregious government intrusion helped me, no, FORCED me to decide to sell our home and move to Arizona. Great memories, but it's time to get outa here before home prices tank as interest rates soar. Good luck everybody, see ya in the funny papers!

@heysiri8748 Год назад

Thought this would be a anti-Californian video that somehow supported Texas, but your in-depth analysis blew away my expectations with the somewhat clickbaity title to the objectively factual yet entertaining content. Earned yourself a subscriber.

@CasualScholar Год назад

Thank you! I really appreciate the kind comment and I’m glad you enjoyed :)

@thibaultlibat368 Год назад

I was worried about the exact same thing but it turned out great!

@jimmyramone7396 Год назад

California is still the 5th biggest economy in the world with a GDP of 3.4.

@unclejoeoakland Год назад

@@jimmyramone7396 4th. We just edged Germany.

@jimmyramone7396 Год назад

@@unclejoeoakland i heard we were about to.

@scotthullinger4684 Год назад

In California, $125,000 a year is just barely middle class, if even that. Especially when your salary can just barely manage to make the monthly house payment in California for a two bedroom house. The new middle class citizen lives alone in a one bedroom apartment. It warms his heart to own a bicycle, his only transportation.

@vikm1341 2 месяца назад

Middle class is 70K in California

@scotthullinger4684 2 месяца назад

@@vikm1341 - $70K is pretty much middle class everywhere, not just in California. And taking into account that a salary of $200K will barely get you inside the most ordinary house when you buy, people don't start to move well beyond average until their income approaches half a million. And maybe 25% less in many other states.

@harlanjackson6112 Год назад

Just love how history is written by the winners. Gold was discovered in California (then part of Mexico) in 1842. Francisco Lopez was searching for stray horses and stopped on the bank of a small creek (in today's Placerita Canyon), about 3 miles (4.8 km) east of present-day Newhall, California, and about 35 miles (56 km) northwest of L.A. While the horses grazed, Lopez dug up some wild onions and found a small gold nugget in the roots among the bulbs. He looked further and found more gold.[3] Lopez took the gold to authorities who confirmed its worth. Lopez and others began to search for other streambeds with gold deposits in the area. They found several in the northeastern section of the forest, within present-day Ventura County.[3] In November, some of the gold was sent to the U.S. Mint, although otherwise attracted little notice.[4][5] In 1843, Lopez found gold in San Feliciano Canyon near his first discovery. Mexican miners from Sonora worked the placer deposits until 1846.[3] Minor finds of gold in California were also made by Mission Indians prior to 1848. The friars instructed them to keep its location secret to avoid a gold rush.

@loserbibi988 Год назад

I wish you had touched upon the population increase during the Great Depression due to people from Oklahoma and Arkansas looking for work.

@35t10b Год назад

Nebraska as well. My grand parents on my moms side are Mennonite farmers from Nebraska. They went to Fresno, reedley, and dinuba in 1934

@loserbibi988 Год назад

@@35t10b That too. I only mentioned the migrants from Oklahoma and Arkansas because that's where my family's from.

@US_Joe Год назад

Great documentary ! Beautiful graphics, very informative, nicely done. Thank you Sir

@matthewhuszarik4173 Год назад

The reason there are so many homeless in California is because California is the best place in the world to be homeless and they come in from all over. The combination of very mild weather and generous benefits for the homeless makes California a magnet for them.

@crand20033 Год назад

And also illegal aliens who harass and steal from the locals and make them want to move to other states.

@matthewhuszarik4173 Год назад

@@crand20033 I live in California and have never been harassed by illegals or know anyone who has been. Illegals by and large are the hardest working easiest to get along with people you would ever meet. Some of the AH who take advantage of them are another story.

@crand20033 Год назад

@@matthewhuszarik4173 I lived in Huntington Park and had a lot of trouble with the illegal immigrant gang members there. I was burglarized at night at gunpoint, one spit at me while i was walking by, and one stole my new bicycle. I saw some stealing a car and taking it apart. They were always causing graffiti and crime. Terrible place.

@matthewhuszarik4173 Год назад

@@crand20033 You live in a real bad area? My sister lives in Scherman Oaks and has never had any problems. Mother in law lives in Oxnard and never any problems. We live in Santa Barbara and it is the same. How do you know these gang members are illegal and not US citizens? I have found all the for sure illegals I have dealt with are hard working, respectful, quite, and don’t make waves.

@crand20033 Год назад

@@matthewhuszarik4173 They come in with no money and have to rob, burglarize and steal. Honduras and El Salvador are very dangerous countries. Murder capitals of the world. You can view videos on youtube about the gangs, drugs and murders there. Plus it's the worst place to be a woman because Hispanics are hotheads too that get angry easily so the women are dangerous too. Highest homicide rates are: Tijuana Mexico 2,367 1,763,197 134.24, 2. Juárez Mexico 1,522 1,455,923 104.54, 3. Uruapan Mexico 30

@35t10b Год назад

I was born in Yuba City, lived in San Jose, Los Angeles, San Diego, San Rafael. From birth to 2019 I lived all but 8 years in California. Left because of cost of living, draught and fires. Its really unsustainable place to have so many people

@musclecarfan74 Год назад

My great uncle was a welder, who moved to California from central Illinois in about 1930, he lived there till he died in the mid 70's. He lived in West Covina.

@wepoststuff Год назад

Loved the intro! And a great video overall. As a native Californian myself I do not see myself living here within the next ten years, for many of the reasons listed in this video.

@ben8405 Год назад

It's hard to leave CALIFORNIA WEATHER! AFTER - 34 DEGREES IN DENVER I LEFT. HE WHO GOES, WILL COME BACK! The

@DakotaofRaptors Год назад

Is that Kancolle?

@wepoststuff Год назад

@@DakotaofRaptors Yes, is Kongou

@rell0223 Год назад

Just PLEASE dont vote for the same ideas that ruined california when you move

@christiang8859 Год назад

Garden City, Kansas is a place for alot of native California's are moving to because affordable housing and good schools and ranked 2nd best place to do business in the state of Kansas. Garden City, KS is booming because of what's going on in California and Garden City, KS is expecting to reach 100K population in 30 to 40yrs time.

@Gudha_Ismintis Год назад

new subscriber here (from across the pond) and my first video to watch on your channel - this was a very informative, interesting, nicely researched and put together in a highly enjoyable video from start to finish

@Dried11 Год назад

I would think about diversifying your research on this topic because this video is very biased and does not even begin to tell the picture of the economic complexities in current day California.

@micheladerz 11 месяцев назад

basically if your family didn’t invest in land or homes and you didn’t inherit it, you’re screwed living here lol

@samuelevans5750 9 месяцев назад

Economics explained just released a video with a very similar thumbnail. Even though I disagree with the findings of their rating (8.8 out of 10. I would have rated it 6.9 due to extreme instabilities in crime and economics), I found it interesting.

@brianm7287 Год назад

One of the reasons that California continued to have Silicon Valley be what it was/is, is that California has the most worker-friendly non-compete laws in the nation. No one who wanted to leave a company to start their own was basically free to.

@johnstuartsmith Год назад

There are many reasons that Silicon Valley was built in California. UC Berkeley, Stanford, Lawrence Livermore Laboratories and the purposeful accumulation of very bright people and very-well financed research facilities created the atmosphere that nurtured Apple, Google, Intel, and all the rest. The same thing can be said about Massachusetts and MIT and North Carolina's Research Triangle. There's more reasons to invest in colleges and universities than creating football teams that win bowl games.

@alexr1637 Год назад

finally some good intro. and great job with research, storytelling and analysis as always

@stanleysue9469 Год назад

I like California and feel fortunate with the weather, people, and values.

@charliec5449 Год назад

What has those woke / leftist values done to your state? Liberalism is like a plague, it kills whatever it touches.

@agricola 10 месяцев назад

What “values”?

@charliec5449 10 месяцев назад

@@agricola No kidding. Plus they keep voting in these extreme far left progressives that institute policies that have put California in mess they are in today. Then they whine about homelessness, high taxes, lack of affordable housing, poor education and countless other problems, yet when election time comes they keep voting for the same type of candidates that will continue this trend. They seem unable to vote any other way, so they deserve what they voted for.

@timtheman2981 Год назад

I live in Idaho, and Californians are flooding this state. They’re starting to make things expensive here too. They all moved here for the same reasons, the cost of living is outrageous and the politics are a complete joke

@charliec5449 Год назад

I bet they bring their same leftist voting tendencies to your state. Good luck with that.

@kelli4304 Год назад

Hopefully remote work will allow places outside of California to also become areas of innovation and growth. The high concentration of wealth in California and the relative lack of it elsewhere isn't good for anybody.

@computron5824 Год назад

There is a bit of movement to invest in start ups all over the US, and that would definitely benefit everyone.

@lcsw1377 Год назад

Exactly! This is a huge country we have! People may benefit to spread out more.

@corruptedpoison1 Год назад

I have noticed Nashville TN has become very attractive for a multitude of reasons.

@dknowles60 Год назад

@@corruptedpoison1 and the TVA had rolling blackouts due to the growth

@orion7763 Год назад

The Exodus is simple supply and demand. California has a well-known housing shortage, primarily because everyone wants to live here. California has more people than Canada and will soon be the world's 4th largest economy... While poverty is certainly an issue here, California is dealing with problems on the scale of a nation. California isn't directly comparable to any other state- the best comparisons are to other countries.

@antoniahamilton3201 Год назад

Bingo

@williamnavarrete2739 Год назад

the issue is the other states that compete with California are in competition with state,while California competitors are against the remaining world.

@badluck5647 Год назад

It's not just a demand issue. High regulation and bureaucracy make it difficult and expensive to build more housing aka reduced supply. In addition, the Democrat super majority is very much in the pocket of real estate billionaires, so they refuse to do anything that would reduce housing scarcity such knocking down old houses to build apartments/condos.

@williamnavarrete2739 Год назад

@@badluck5647 How close is the second most populated state Texas from California? Ill give it to you, about 10M away. The bigger your state population get the more regulations you need to keep a civil tone. And with the economy collapse of China, Japan and British empire that makes California number 2.

@badluck5647 Год назад

@@williamnavarrete2739 With that logic, Texas would be the second most regulated state. However, Texas has one of the most relaxed zoning laws in the US. This this makes it quicker and cheaper to build housing, and it has resulted in more old housing to be converted into apartments/condos. This extra supply of homes makes the cost of living affordable in Texas--unlike CA.

@rickdavid1795 9 месяцев назад

I’m leaving next month after living here for over 40 years. I thought it was the best place on earth, now I can’t wait to leave.

@javilorenzana 11 месяцев назад

Whoa. This guy really is a casual. No false advertising here.

@LuckyDuckie115 Год назад

Lmao @video, I know this video was made months before California just got annouced it's the 4th largest economy on the planet surpassing Germany. California lives rent free in everyone head

@mccrearym Год назад

There are a lot of great points in this - but it's also very unnecessarily grim on the future. A lot of this could be fixed by building more housing, and eliminating things like "discretionary review" that let people (often old, retired, folks) to stop any type of development that can provide more housing for people. It's kind of amazing how many of CA's issues can easily be traced back to this fundamental issue around housing and how it is (or not) distributed and built through the state.

@agricola 10 месяцев назад

“Grim” will be the outlook for California for the foreseeable future.

@h1ko393 7 месяцев назад

As someone who resides in SoCal with a normal job of 100k. Despite all the downfalls of California, it’s impossible to beat this weather and that’s worth it to me. Especially now that once “affordable” states like Texas are becoming increasingly expensive, it’s better to just stay. Though, I wouldn’t reside anywhere else in California as it would lose its major appeal.

@strang1124 Год назад

At 17:55 I see The Congress bridge & the Austin, Tx. skyline 😊

@newport682 Год назад

I recently moved to Nevada after years of struggling in California. Moving to Las Vegas was the best decision I have ever made. I have this feeling that I just “got out of jail’. Just say no to living in California!

@Cyrus992 Год назад

Same and live here too. Fight the casino and phony labor union interests that will bring us down!

@Westcoast10 Год назад

Just make sure you don’t vote for the same bums that ruined California, I moved to Vegas as well. Was able to buy a nice home. Couldn’t do that in LA.

@Cyrus992 Год назад

@@Westcoast10 LV and CA has two negatives in common though: Illegals/non-merit immigration and lack of religion.

@josiahclagett7369 Год назад

I'm blown away by the quality of your research and storytelling. And I love that this video didn't feel partisan at all - it's just a timeline of economic causes and effects. Well done.

@CasualScholar Год назад

Thank you! I really appreciate that and I’m glad you enjoyed!

@penguinking4830 Год назад

Economic cause and effect are often better understood through the lens of partisanship. At least the current state of things.

@jaaaake Год назад

“Didn’t feel partisan” “notorious environmental regulations”

@noob.168 Год назад

It also shows he's never been to California before.

@todd9016 Год назад

@@CasualScholar It is wrong to take so much Tax from rich. CA is driving them away. it is very unfair. IM not rich either.

@jonathanflood4545 Год назад

Born n raised in San Diego, traveled all along the bottom states of the US, traversed the SW, visit my family on the islands and worked partially in Mexico. I moved up to NorCal to fight fires and I fell in love. California was made for God's paradise but sadly has fallen so far down into its own self defficating habits that turns this near perfect geographical location and portray it as a hell hole (which many parts are). I hope we Californians fix our home and make it beautiful like how it was formed

@cristiansolares2007 Год назад

Will never happen, it's too pack. Just like a gymnasium, a place can only hold a certain amount of people.

@edmundmcgrath213 Год назад

I see what you did there by combining two words to create a new one. deprecating + defecating = defficating.

@ashleycora138 Год назад

We have had a mass of Californians move here to coastal Nc the past few years. It’s terrible. Our state has no care to protect the area and everyone from California is so rich compared to here, so they’re coming here causing the same issues as there.

@jacksevert3099 Год назад

California just has more capital than you and America is capitalist so what's the problem?

@Denise_2262 9 месяцев назад

I think everyone that still lives in a decent place worries about this same thing. I predict this will flip Texas very soon and with Texas, California and New York, America will have these policies and thoughts forever until the whole country looks like California. It is inevitable if people don't change and we also have to stop politicians being bought by the rich. I don't know how to do that and it is sad. I never had these worries when I was young and I feel for the younger people because they will never know the America I knew.

@yusefbrooks8584 Год назад

Homeowners waging a war to keep prices up is accurate, they also are helping to displace people who have lived jere for a century

@miramuchachito296 Год назад

The edit quality of this is just stunning. Bravo

@meglukes Год назад

I’ve heard California teachers say their top problem isn’t funding or overcrowding, it’s that they aren’t allowed to enforce discipline, suspensions and expulsions are being phased out with nothing to replace them, and these students are highly disruptive to help create, environmental disrespect. You can find plenty of videos online of students destroying the classroom and all the staff just standing around because they’re not allowed to touch the students.

@jjgreek1 Год назад

And yet California has 5 of the worlds top ten universities

@jimandersen3003 Год назад

@@jjgreek1 do you really believe that?

@jjgreek1 Год назад

@@jimandersen3003 California doesn’t have 5 of the worlds top universities?

@Ms666slayer Год назад

@@jjgreek1 The only university in Cali that is in the top 10 is Caltech and then the closer Californian uni is UC Berkley in 27, also most of those rankings are BS and based on donations and the number of graduates than how much quality the education has.

@charliec5449 Год назад

@@jjgreek1 3rd worst test scores in the nation for K-12, yet their teachers union is the most powerful union in the state.

@RoboJules Год назад

The economy went from undeveloped to pre-industrial to resources and agriculture to manufacturing to services to information technology to dead in 200 years - that's a pretty impressive speed run.

@paulwblair 7 месяцев назад

Lol. The economy "dead". 😂