This is pretty horrible. Having so many people live in a desert like Arizona is not sustainable. Bragging about how the Colorado river doesn't even reach the ocean is very bad for the environment. You can't just keep sucking water out of the ground and the colorado river without some really serious consequences.
Please do your homework, the city of Phoenix is reducing it's current use of the Colorado River, and use the Salt-Verde River System more (by building a new pipeline). These are the mountains just northwest of Phoenix...the water of the local mountains are much more reliable than sharing the Colorado River with 7 other states. Locals know better. Why do you think this place is booming?
What this video doesn't mention is what happens to those that are already living in these states. The cost of living goes WAAAAY up. I have friends offering me $700 a month to rent my small, spare bedroom because the cost of living has skyrocketed and they can no longer afford to live on their own. Meanwhile, I've met so many people on California talking about how they love it here since the cost of living is lower. Well, it WAS! All of those people relocating is putting a huge squeeze on what's left of the middle class in my area.
Opening the Mexico border and this all cash under the table economy cheaper workers are making traffic worse and hard to compete with them charging cheap labor
@@Smorss2011 What do Californians do with all the money they get paid? I think it's more a problem of how money is spent. Each state has its own GDP already, so you can think of a state as its own economy of interests. Obviously these states with an influx should now be building more infrastructure to meet demand. I recommend looking into the channel California Insider which provides insights into whether California's increased pay / cost meets the demands of its people.
Yes you're right!! Real brokers are hard to find but i have one which I've been trading with Mrs Bell Elizabeth. Is her name familiar with anyone here?
You guys know Mrs Bell Elizabeth too... I have been trading her, i invested $7k last two weeks and i received $21,560k and i placed another trade immediately.
I'm an Arizona native and have lived here my entire life. I'm a registered nurse and my husband is an electrician. He has worked on many of those semiconductor plants including Apple, Intel and soon the new plant off the I17. We make decent money yet when we tried to purchase our first home in 2020, we could no longer afford it. We were qualified for $330,000. The price of new builds we were interested in jumped from mid $250-$350k to over $400k. At the time we were renting a 4 bedroom 2 bath home for $900 in 2019. Now we currently pay $1795/mo for a 3 bedroom 2 bath townhouse. It's insane the rise in housing costs. It's also sad because AZ natives are probably not going to be able to stay in AZ for much longer with this influx of people coming here from other states.
I’m an Arizona native too but I had to find a better paying job to keep up with all the transplants. I was able to afford to buy a house last year but I have been saving for the last 10 years.
Do you expect the water situation to eventually be as bad as what's going on in Monterey, Mexico with people having to go to supply trucks to fill containers of water with which to flush their toilets, etc...? It seems the water situation is rapidly getting worse, looking at clips of Lake Mead, for example.
Sorry about that - Your elected officials decided to entice companies over to Arizona from Silicon Valley because “taxes” and “jerbs.” But the high paying jobs will only go to the people who come over from California, meanwhile the owners of these companies aren’t known for fair pay or distributing the wealth. You now know what destroyed San Francisco. We got the exact same treatment where our elected officials gave massive tax breaks to these companies, and then raised the taxes for small business owners, and rents raised, housing costs raised, and it became impossible for anyone but a millionaire to buy any property - even a one bedroom condo. And the jobs that were promised became low paying gig economy jobs.
As a former New Yorker and currently a Texan I want to make clear that the cost of living here is not as low as most media make it out to be. Housing, property tax, rent, highway tolls, are increasing drastically every year. Cost of living in TX was once affordable in the 90's to mid 00, now we face the same rise to cost of living issues as other major cities.
saying proudly..."The Colorado River sometimes doesn't even make it to the ocean" is a breathtaking ignorance of the present and future environmental damage they are causing
So, you'd rather all that fresh water be wasted? People are complaining about northern California diverting water to the ocean, because people in the south could REALLY use that water. Now there's people complaining that Arizona is making good use of their fresh water supply. People just need something to complain about.
Arizona is becoming unaffordable, especially for those on fixed incomes. Investment firms are buying land & properties then flipping or renting them at ridiculous prices. Greed will only last so long until it detrimentally affects the quality of life of the majority.
This is so true Michael. There should be regulations on big corporations and what percentage of ownership they can have in residential housing so that the people of Arizona are not priced out of their own home.
@@pmstff700 The issue here is there are massive investment firms that don’t even reside in Arizona building & buying then flipping to rent at insane prices. It’s not quite as simple as one family selling one home to another. I know people that own farmland that are being surrounded by new developments and those homes don’t even have owners that live here; mostly renters.
@David Huberty When one goes from full time work to being disabled, reality hits hard. The rate of homelessness in the Phoenix area is on the rise. Greed is building luxury units and not keeping pace with building affordable housing units for people in need. Most people on disability don’t get “breaks”.
Lived in Texas up until 1999, moved back in 2011 to Dallas, then Austin in 2015. Prices of everything have skyrocketed. Property taxes in Austin and surrounding cities are going up anywhere from 20-30% per year. Electric bills will wreck you. Not to mention the commutes. Texas always touts the no state income tax, which is fine and dandy except you will be stuck with massive toll bills in cities like Austin, Dallas and Houston, not to mention the amount of life you'll spend being stuck in traffic. I loved living there for a little while, but it changed so much, so fast. Texas will be the new California by the end of the decade. At minute 40, 16 seconds, the guy says the cost of living is normal and not artificially inflated? Does he even live in Texas? Go search apartments for rent in Austin. You'll see they are creeping up quickly to San Fran, NYC and others.
The college dorms at TSU are currently $1300-$1800 a month and you get the privilege of having four other room mates. I would argue that a lot of the reason for these price increases is because everyone and their grandmothers are investors and landlords, everyone has to get a return on investment because Americans have eaten up the lie that you can no longer retire unless you invest. Imagine telling your grandfather that on top of working a honest hard job, he also needed to have a 401k, 10 rental units, stocks, etc, he’d probably ask wtf iPad I paying social security for? But now you are lazy if you just work one 40hr/ week job, don’t get dividends, aren’t buying rental properties.
You can thank government for out of control spending for what you mentioned. Consider this $100.00 in 1940 to today is approximately 2K. The beauty of this design is “that you will pay more and get less.”
You forgot the homeless problem in all of those cities but especially Austin, it is insane and has no signs of changing. The secret is living in smaller cities in Texas and Arizona. Those two states have SO MUCH wide open space and lots of nice smaller towns outside of the major metro areas. The cost of living, housing, traffic and crime is out of control in every major metro area in this country now and its only going to get worse. The southeastern states are the last frontier of the American dream, shhhhh dont tell everyone.
you break the secret, Austin, being a city run like San Francisco, the deep blue city in a red state, you mention the exact same problem that makes Californians move out, the similar policies result in high rent, a high homeless population. we are talking about Austin, a town in the middle of nowhere, plenty of lands to expand, yet you complain about rent and home price, that would be something result of government policy.
The footprint in Nature of this relocation must be insane. Arizona has barely water for the current population.... this will be fun in a decade or two...
You really shouldn't talk about things and places you have very little information on. Guess you advent heard of AZ aqueducts, the canal system and how good the state is at water conservation, especially compared to California
As long as water is priced realistically there probably won’t be many problems. A majority of California water sources are pumped into the agricultural industry at low subsidized prices which is part of the reason why they both have the largest agricultural output and the harshest water shortage. California’s housing crisis is due to deliberate housing policy that has been in the works for decades. They’ve manufactured their own housing crisis by making it illegal to build denser developments in a majority of their metro area. NYC also has some issues with housing policy but more importantly has an insanely speculative market because the city has done nothing to disincentivize investors from just holding onto unused property. It is currently profitable to keep prices high during periods of low demand until demand spikes up again (property owner content with waiting over a decade for this demand to spike FYI) and it is killing the housing and business environment of the city
It’s a repeat cycle. People will relocate, raise the cost of living until it becomes over the top, people will start to complain that these areas are too expensive meanwhile places that once were booming like la and New York have collapsed into bankruptcy and have become crime-infested cities with massive homelessness and almost no job opportunities. And now people are leaving at alarming rates. Places like California were once the places to move in the 70s all the way through the 90s. The cost of living was higher than the national average but still very affordable and now renting an apartment/house let alone BUYING a home here is almost unattainable. New York City saw the same thing in the 50s all the way through the 70s. People were moving at an alarming rate to the city and the cost of living went through the roof within a matter of a few years. And this is more apparent in other cities like Portland or Seattle where the cost of living over the last DECADE has double even Tripled in some areas!We saw it with cities like Detroit and Many small cities through the south that were once booming cities. And let’s not even talk about wealth gaps and income equality amongst whites and POC. then there’s another massive relocation and the cycle repeats itself. And all we do is destroy our local environments and ecosystems. We continue to add to the wealth gap, And we just continue to add to our carbon footprint 🙄
Portuguese MVP is in New York, UN HQ. Foreign Citizen of India in Lisbon has an unconstricted 4-year mandate, to build a better inclusive society. As Greta Thunberg arrived on 3rd December 2019, will you honor this West Coast with your presence?
@@boricuaarecibo9259 Well, by itself, yeah. But remember that an increase in renewable energy such as wind and solar leads to lower utility costs for homeowners.
What about the water shortages in Arizona? I thought the ground water was nearly depleted there? You move millions of people there and put pools in every back yard, try to grow green grass and leafy trees it will speed up the problem. Is this growth sustainable there?
Arizona was the place to buy a home about 6 years ago or more. A normal drive to a shopping mall was about 15 minutes, now because of traffic the same trip is 45 minutes!
The housing cost in the Phoenix area has increased over 25% in the last two years, and in most desirable areas it has increased even more. It feels like a great deal for a NYC or SF transplant, but for us Arizona natives (I’ve been here over 50 years) it absolutely sucks.
I have homes in Phoenix and Sedona, the prices are going up so fast and not slowing down. You've been in Az about as long as I have. It's a good thing we bought our houses ages ago isn't it?
Grew up in Portland. Rent has doubled in the past 7+ years. I finally got a nice paying career and I can only afford a run down fixer house. Five years I could.
@@Natalis7 There is a channel on YT Preppier Princess. She bought a horrible house and turned it into a very nice place by herself. I'd not have attempted it but she's doubled the value with sweat equity.
Staying in one place is good. If you manage to pay off your home, then life becomes sweet. Now, it is " Sweet Home:" .----- You really then put in more Into it. You feel more secure. You really can go to Home Depot and buy mor stuff. It becomes your HOME. Every part of your yard now is p
I like this saying. " A ROLLING STONE GATHERS NO MOSS" WHEN YOU DO PAY OFF A HOME, YOU CAN SAY. "I HAVE MOSS " . The same as saying, "i have equity". Nice feeling!
I've lived in Sedona Az since 1977. Slide Rock used to maybe have 2 or 3 people there any time of the day, now it's absolutely packed. Beautiful desert and Indian ruins plowed under for development. Definitely sad what's happened here. I bought my house for $27K in 1977 now it's worth $900K.
Sorry to say, it's house is not worth 900K except and until you sell it. Then ? There are many desirable places where you can work, lead a purposeful life, enjoy a considerably finer house, and bank 45K.
I see the prices of even a small home in St. George, Utah has gone up about a hundred and fifty k just in the last year. And, people are buying them quick! It is a reasonably safe, solid state, but I worry about making a move because you never know if it will become infiltrated, and because they continue to build. It is beautiful out there though!
I was born in Az. It’s honestly infuriating that the housing cost are becoming out of reach for so many AZ native myself included. It’s a desert with 119°+ summers in a world that’s warming. How much longer will PHX even be inhabitable?
I know this is unfathomable to people, but this happened a long time ago in cities like NYC, San Fran, Vancouver, etc. People withouth high paying jobs got priced out and prices never really came back down. The situation in Phoenix is still better than those cities. If you have limited income, you have to get roomates, rent a room, live with parents, etc. It's unfortunate but that's where we are headed.
Any area which is decent will be invaded by the more profitable sectors and their employees. They are like vultures. They don't want spend to build anything but they will take what you have built. The only way to stop it is to limit movement between states but that causes other problems.
race to the bottom. unfortunately when we all get there it'll be just poor people. the rich will be somewhere else "better" (for them, anyway) and the politicians will not even notice us.
America's have been taught since birth. Wealth worship. Poor pariah. America isn't a republic or democracy anymore. It's an Oligarchy. The less than one percent own our politicians that set policy guaranteeing they remain rich. The middle class pays all the taxes and the lower class are the fear factor to keep the middle class working longer,getting less and less. All to propagate the perpetual growth myth. Don't worship the rich. They got their most likely from dynastic wealth. Money passed on generation to generation because of the above mentioned. Trump,Elon musk are good examples.
This just feels like a marketing promo! How much were the tax incentives worth? I didn't hear anything about how they will grow the infrastructure so car traffic doesn't explode and other forms of transportation are ignored. It is great to have more businesses but if you don't design communities that don't strictly rely on auto transportation, Arizona will become the next Florida. Minus the water necessary to support all of these water-intensive industries. Each of these chip plants will require millions of gallons of water per day, while recycling it for use is not 100% yet. I don't agree with water numbers from companies, I want an independent verification source.
@@kurtphilly Additionally, Florida is slowly turning into a "indentured service" state i.e. right-to-work, underpay, under-benefited citizens with a lack of healthcare, schooling, and their natural resources being used by corporations, not it's people. Yea, Disney World and Miami are great but 80% of the state falls high on a recent Rice University "Distressed Community" index.
@@KrazC People want freedoms and to live in places where crime and vices are not incentivised. In democrats led cities vices are encouraged and virtues frowned upon by the toxic liberals
The on guy in Texas said that in Texas they charge the same property tax to everyone. That is completely false, every district sets their own property tax rates, and then MUD Rates, Levy Rates, School District Rates for homeowners property tax rates living within them. A person with a $300K house in one place isn't going to be paying the same property tax as someone with $300K house in another place within Texas.
What he said is exactly right. Texas does charge your neighbors the same as you. In California, when you bought your home matters because they can only raise the home evaluation so much every year. If you bought your house in the 90s vs some buying the same priced house today in California, it is likely the person that has owned for 30 years is paying way less in property tax than the person that bought today.
@@MrEDogBoss Senior citizens on SS living in California, with a home purchased decades ago would be totally screwed if they had property taxes the same as their neighbor who recently purchased.
I love how CNBC doesn’t even bother making new videos anymore they’re just stitching 3 old ones together that are loosely related and putting a new title on it. Hard hitting stuff here.
It’s clickbait. That’s what people want to watch right now because of the changing demographics across the country. I fell for it though. Good Luck Arizona, good luck Texas. What these states need is population control. What I mean by that is stop the inflow for a while. California should’ve done that a long time ago. They should not be allowing building along the San Andreas Fault, and down in Southern California where water is an issue as well. It’s unconscionable that the states are allowing this fast and unsustainable growth.
No one can afford to live in the freshly ground up build homes they build. Except the greedy and filthy rich people. I be glad when GOD destroy this wicked satanic government system. We need him instead of this government that in power.
Im from AZ were fine. Were litterally gunna buy water from someone who has a surplus. Lol. Im not ruling it out but I've heard of the drought for 20 years. Lets focus on something else
Great choice! Most of the second and third world countries have cities with great neighbourhoods that offer living standards as high as anywhere else in the world. If only Americans and other would care to look at Africa, Asia and South America from a different perspective, they would find their lives much easier than in the US.
I'm an AZ native and moved 5 years ago due to it becoming too crowded. I grew up in a rural area, with wild horses roaming my backyard. Over the years there has been excessive building and the desert just cannot sustain a big city life. The pollution has gotten so bad. And natural wonders have become overcrowded due to tourism and people wanting to have a 'spiritually aesthetic photoshoot' in Sedona for their instagram. I grew up hiking the mountains with my dad every weekend. Now when I visit and hike I feel like I'm trying to avoid photobombing more often than getting to enjoy the stillness of the desert
I've lived in AZ my entire life. I remember it was very affordable when I was little and my parents didn't struggle too much with the money for living. My parents later divorced and now, my dad struggles in affording his apartment because it has since gotten more and more expensive every year to rent it. It has gotten to the point he has to work two jobs to pay his bills. My mom was fortunate to have bought a house before the whole housing price boom because she did lose her job and isn't struggling too much in paying it since the monthly payment is lower than renting an apartment. Now, all houses, even the old ones in Maryvale, are more expensive to buy and I question if I will continue to live here once I get my college degrees and start living by myself. There's way too many people here in the Phoenix area and the urban sprawl just keeps expanding more and more.
This is exactly what is happening in Atlanta. It was affordable and literally within a year all the houses shot up over $100k. Like your dad. After a separation I've really struggled and had to worked extra hard a single man to get where I am. Right when i got ready to buy a home the price got outta reach. Now it feels almost like you have to be married or have a second income to make it. It's frustrating that the American dream of home ownership is just out of reach for so many. If I didn't have my kids here, I'd 100% move.
And now Arizona locals who have lived here for years can’t afford to live here and are drowning in the amount of people moving here. It’s hard to find a place to live now.
Very impressed with the list of companies in Arizona but then I noticed the Chinese company Zoom in its midst. I guess that's how they do their efficient data-stealing for China.
People just don’t get it. Every city and area has an expiration date and a maximum capacity. I bet Seattle and NYC were lovely affordable cities at one point, just not anymore
NYC - 70’s you could afford a house as a working class person. Now - old houses are going for over $500k if you are lucky in a not so great school district. People make 100k per year and struggle. The exodus will continue.
You always hear about someone who died in a pre-war rent controlled 5 room apt and was only paying $230 a month. I think 1978 was the last time NY was affordable, but New Yorkers don't complain about stuff like that. They complain more about their teams losing or traffic on the Van Wyck.
Successful people don't become that way overnight. most people see at a glance-wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life
My first investment with Clara gave me upto $53,000 and that has made me invest without the fear of losing, I got four of my friends involved with her already.
Live in the cheapest area possible , and make as much money as possible..( ideally remotely ) longer term , you will likely be happier.. Living in NYC is great for young 20s , partying , dating etc, but its terrible as you get older.
@@sunday3pm735 There are plenty of single men in the country. And you are more likely to find a man who wants to actually marry and have children in the country.
Two major issues for Arizona: People are no longer able to afford buying a home or paying rent, second problem is water shortage. When you have an enormous influx of people moving into Arizona the demand for housing goes up, it increases the cost of living immediately, it is no longer cheap nor affordable to live in Arizona. Only rich people can live there and that's the end of its future. It looks like nationwide people are being pushed out of the states they live in and no one is coming up with a solution for the problem. Destroying local communities and displacing people is not progress, this is happening throughout the country.
As a New Yorker, born and raised in Queens. I cannot wait to leave NY. Im tired of these half ass politicians, the ridiculous taxes, the lack of decent education for the public, the high ass rent, the fact id probably never own a home here even thought I make 70K a year (starter homes are 700K and up and need at least 50K of work to make it liveable. Anything cheaper, were out bid by LLCs), the high car insurance (i need a car for mom to get to her cancer appointments with her wheelchair), the dirt, the crackheads, the clueless and corrupt cops, jobs that dont want to pay for the experience that they are getting, the traffic, the tourism, the fact there is more hotels coming up than affordable housing. NYC is dying. The only people coming here are trust fund kids, youtubers and greedy ass developers. I just want some where that is affordable, has good jobs, has good schools for when i decide to have children (if i can afford it) and a place I can buy a small 3 bedroom house to make a home for a family. Im just worn out by this state.
My friend was born and raised in Brooklyn. She loved NY and even said if anything ever happened to her husband she would move back. Now with sadness in her voice she says NY is never coming back it’s done. I was shocked when she said that but figured she would know if anyone does.
I agree with the man who said that Arizona has the greatest infrastructure in the nation I've spent many months in the last few years being sent there for work I always was amazed with how well built , maintained, and designed the roadways Bridges drainage systems etc. They have taken the time and put thought abd consideration into making things like bridges over highways sound walls trying to protect noise pollution for neighborhoods built alongside freeways etc. Landscaping at exits and on ramps. Everything (especially newer built) is well built and functional but it's also beautiful! Lots of artwork or designs engraved or built into them one way or another. The landscaping along many roadways is beautiful and well maintained there's lots of retention pond type things made along roadways rather than used digging out the pond and just leaving it for big long grass to grow when it's not being filled with rained runoff . Arizona tends to have them landscaped with multiple colored rock designs and cactus or other trees or shrubs that can survive in their climate. Most roads are nice and flat smooth the worst areas are in the northernmost mountainous areas typical for areas with snow and ice. But overall the state has INCREDIBLY well made and maintained infrastructure especially compared to my home state of California's and it's never to the north Nevada's
Housing prices skyrocketing in Arizona is NOT necessarily just because of demand, but because Blackrock is buying out tens of thousands of homes, for CASH, WAY above asking price, in order to artificially drive up home prices.
Exactly what's happening in Texas. In Austin people from California are moving in and it's raising housing costs which is forcing those native to Austin to move or become homeless. The homeless population has skyrocketed
I lived in 4 other states before living in Arizona for 10 years (only because I had to, I was ready to leave within the 1st year) so I know a thing or 2 about how AZ compares with other states. People were not flocking to AZ because it provides a higher quality of life. People from Cali moved to AZ because it was one of the next states over from it with a lower cost of living - so they were desperate enough to take the chance. people from other states (who hadn't visited AZ first) moved there for the same reason sight unseen. Either because the houses were cheap and/or there was an added bonus, like maybe the company they worked for moved or opened an office there - because AZ was known to have a cheaper start up cost than it's neighboring state. So in THEORY moving to AZ seemed like a good idea. That is until they realize that despite its size, AZ (or at least the phx area) is woefully behind in many things because they were the last to embrace anything new including technology, art (like music or theater). Then you realize that these people are polarized and therefore naively racist or biased towards anything or anyone who wasn't an empty vanilla vessel. That the long time white residence are so stubbornly and ignorantly racist (only due to not knowing anyone other than other white people) that it's no wonder that their social scene is DEAD and their culture there seems non existent. The newcomers learn that this is probably why everything they do lacks GENUINE enthusiasm and why their environment is incredibly lackluster and unbearably boring to the point where only someone who never goes anywhere and doesn't want to know anyone would want to live there. There's also the weather - although it would seem great to live in a place that was sunny all the time, because there are no beaches or large water masses, they would soon find out that the air is too dry and after awhile the lack of seasonal change becomes disconcerting. Even the Arizonians attempt to offset the lack of seasonal changes becomes depressing (like when they put Santa hats on their cactus just to remind themselves that it's Christmas). It rains very little but there are sand storms and an annoying amount of pollen to the point that people who didn't have allergies - NOW HAVE ALLERGIES. So make no mistake...no one is moving to AZ because it's an amazing state with opportunities abound where innovations are embraced and only useful traditions are kept. It's just that the people who have moved there have given up so much for a lower cost of living by moving their whole lives there that they are now kinda forced to stay there, make the best of their decision and hope that it someday changes. And the high comedy of it all is that most of the people who were raised in AZ (or moved there from Michigan at an early age) are oblivious to what they lack or even how they compare with the rest of the country or the world! Of course, they will always try to defend the place with the weakest arguments you've ever heard and you can tell when you look in their eyes that they either have no idea what's happening elsewhere or they KNOW the truth about Arizona but are unwilling to admit it. So if you decide to move to AZ (like the Phoenix area) - VISIT FOR MORE THAN 2 WEEKS. Go to the residential areas (Not Scottsdale-that's a prop town) and visit stores and public places and just watch how the people behave towards one another. Listen to their radio stations, watch their TV shows, notice the products in the stores. The weather will seem nice for awhile but go in July when it's at its most....interesting. Notice how there are very few squirrels or how birds are actually walking because the air is so heavy or unbearable. Do all of that before you pack all that you own and move out there. Trust - it will be worth it to know.
Well thought out comment. There's so much drivel and vacuousness in comments, generally speaking, that yours is a breath of fresh (not Arizona-heated) air!
Yup, I've never seen a commercial to buy less!!! Be nicer to the earth and buy less and when you do buy something, buy good quality items that will last.
And why should they? Our government is 30 trillion dollars in debt with over a 100 trillion in unfunded liabilities down the road. Figure it out. Each of us have about 70 years on this planet. You think all the people in heaven and hell are all fretting about what's happening now? I would hope they have more pressing things to worry about. America has been sold down the river by our own government. Why? Because American corporations have been sold to foreign interests. Now we have interlocked corporate directorships where 3 "investment" groups now own 90% of the fortune 500 companies. Who sits on their boards? Retired politicians and retired high ranking military people amongst others. People like admitted crack smoker and world renowned artist, Hunter Biden, get put into lucrative positions in foreign countries because of who they know or who their daddy is. The Biden / Obama/ clinton / pelosi/ Schumer Crime syndicates are laughing all the way to the bank on your behalf.
I'm surprised they mentioned nothing about the quality of Healthcare in Arizona and Texas (especially mental health). You may not end up paying state income tax in Texas, but with how poor public infrastructure is, you'll end up paying out the nose in all sorts of other subvert ways. Increased personal maintenance costs for your car, your home, and yourself. Like others have already said, the problems with major cities are largely related to our reliance on personal vehicles and lack of public transportation. What is happening to LA will happen to Austin, DFW and Houston regardless of who is in power until they actually invest in public infrastructure.
‘Increased personal maintenance costs for you car, your home, and yourself’ What monumental car costs come from repaving the roads every 5 years instead of 10? The answer is none. So you lose a couple thousand miles out of your cars suspension that is supposed to last 100,000 miles (the point at which a car loses much of its value anyways)? Also, with smaller Public budgets, in what ways will someone ‘pay out the nose’ on their home? I’d love to see some data on this..
This is all thanks to oil companies and car companies who lobbied the government back in the 1940s to be a car culture so people can be hooked on them, which would increase demand for their products. City officials had to structure their cities to be cars first than pedestrian second communities. You won't see public transportation demands be like that of other developed countries. Things will o ly get worse not better.
Yes. People talk about sky high rents in NYC which is true. But no one talks about the sky high property taxes people have to pay when they buy their 'dream home'.
The whole Arizona segment should have been renamed Greater PHX area. AZ as a state doesn't have good infrastructure at the resident level, has major income inequality, housing shortages and mass gentrification, and a very delicate ecosystem.
Yep. I lived there a few years ago and it sucked. Nothing grows and not a lot of opportunity. The drugs were out of control along with the crime. The education was atrocious. Great place to visit just don't stay.
“The cost of living here is normal. It’s not artificially inflated.” Really? How many starter homes can you find now that are under $200k? Don’t look at $150k. Those don’t count. They’re either in dangerous neighborhoods, on the verge of being condemned, already in a bidding war surpassing $200k, or a combination of that. For CAians, that’s a huge discount, but for locals just starting out, there is nothing for them on the market. In the last five years, housing prices have almost doubled. Oh, and no income tax means our property taxes are pretty high. Just because you paid $500k for a home 5 years ago doesn’t mean you’ll be taxed that value. You will be taxed the full million dollars they think your home is worth. Comps? Your neighbors, who’s homes are smaller than yours, sold this year for over a million, so yeah, you’re not going to do well fighting those taxes.
Like jack said hyper inflation they have highjacked our country and making it socialistic!! At the highest level its insane ..How can someone pay 20k a year or 8k a year in property taxes or 6k thats rediculous WTF only thing i dont like about Texas wow
I live in Western, NY (Near Lake Erie). I am happy that thousands of people are moving away. I've lived here for 51 years, and campgrounds are less populated, trails are empty, and lakes with less boats. Housing is dirt cheap. Average rent is $500 per month for a two/three BDR & has been that way since 1991. Keep going South & West everyone, I am loving it:)
I understand that lower housing costs are attracting people, but, I wouldn’t want to live somewhere that has extreme heat and some of the worst air pollution in America. Just thinking of that combination makes me feel light headed. I’ll take California and our air quality regulations and higher taxes and our coastal regions which gives us a better quality of life. I know I’m gonna make some people mad by saying that, but hey, if you don’t like California, you can relocate and leave a little more elbow room for those of us that are staying put. That way, we’ll both be happy.
@@eddynetweb i know the San Francisco District Attorney is a communist and his adopted parents blew up the Capital and Pentagon. I know his biological parents were also Weather Underground members. I know teachers in California have admitted on video to recruiting their students to be communist. The liberals are destroying this country
Most of Arizona's water comes from the Verde and Salt River drainages/reservoir systems which have nothing to do with the Colorado River. The Northern half of Arizona (only 70 miles north of Phoenix) is the southern portion of the Colorado Plateau with an elevation averaging around 7000 feet with mountain ranges as high as 12,600' which receive 100's of inches of snow annually and have hundred of miles of pine/fir/spruce forests. The Salt River water reservoir system is currently at 76% of capacity and receives water not only in the winter from snow pack in the higher elevations but also in summer during the annual monsoon season. The Reservoir Systems that we have were constructed beginning in 1903 and were paid for by the local farmers and ranchers who pledged their land as collateral to the Federal Government in order to obtain a loan through the National Reclamation Act to build the dams/reservoirs. Even in the last 5 years the reservoirs systems have at times exceeded capacity requiring them to release excess water down river which actually runs into the lower portion of the Colorado River at Yuma.
I live in New York and i easily know why people want to leave NY (not just the 5 boroughs). Taxes are insanely high, house prices are at the highest, its expensive to live in new york (obviously).
Best time to live in NYC was in the 80's when I lived there. Apartments were afforabale then. By the 90's is when it started to get expensive to live in the city.
I’m born and raised and I’m literally scared because I’m getting priced out of my city.. I can no longer afford rent in safe decent areas… this is horrifying and scary… I remember 10yrs ago looking at apartments with my mom. A 3bdrm 2 bth was $938 a month. Those same apartments are now $2500+….
Thanks to Californians coming to Texas, now it’s hard for me to find a house. San Antonio has now reached an average of $300,00.00 for a home, which has been its highest ever. Don’t California my Texas
Lived there. If you don’t know what is a nice place to live, trees, water, nature, community culture, then you might like Arizona. It’s garbage & ridiculously unsustainable. Strip malls, subdivisions, apartment complexes, skin cancer, that’s AZ Assuming that you don’t have a clue about politics, or you wouldn’t consider living in AZ. Love to hear people who live there complain about rising population issues as if they themselves aren’t part of the problem.
mi primera inversión con ella me dio una ganancia de más de €24,000 ero y desde entonces nunca ha dejado de cumplir y puedo decir que es la corredora más sincera que he conocido.
"You can see the pollution is so much thicker" "We've deleted thousands of regulations" So many people moved to AZ back in the day for cleaner air. I feel bad for their long-term residents.
On the "no big government in Texas" note: I lived in Texas for 20 years. I have always driven craigslist-bought vehicles and I was pulled over by police at least once a month for tedious reasons, such as where I got the dent on my car. They would ask where I'm coming from, where I'm headed, run my information and let me go. I even got pulled over while leaving work when I was a custodian because they thought I had just broken into the building I cleaned. Since moving away from Texas 10 years ago, I have been pulled over once. There may not be big government regulating guns, but if you aren't driving a new car or truck you're getting harassed. I assume the guy who mentioned the private airport has never experienced this.
This is one thing I think Texas natives like the African American in this piece don't get about San Francisco. We are incredibly free when it comes to driving. You have to being doing 100 mph+ in a 65 mph to get pulled over for speeding these days. I've seen people run stop signs, cutting off the police in the process, they look at them like really, and just move on without even lighting them up. I've seen people run red lights in front of cops, didn't pull them over. It's pretty free when it comes to driving here. Cops don't mess with you, and if they pull you over, it's cause you really messed up and almost caused an accident.
@@aliciaowen2821 Her management team is quite impressive so far.... with my 4k deposited I made a profit of over $28,800 US Dollars with just 10% charge.
There's more people than Phoenix can handle now. It's gotten so bad. On the other hand, I remember how bad 2011 was for Arizona. For the whole state! Having more businesses here has meant that it's easier to find a job. The city infrastructure just hasn't grown the way that's needed for the more people we have here.
Agreed! Dallas and Atlanta have grown to keep up with the influx of people moving there. Phoenix has just not done that...and it's not even set up that way to do so
It’s horrid and the city has no plans to actually implement mass transit. Light rail is fine, but without commuter rails going into the suburbs then it doesn’t really address the congestion issue
Infrastructure that can't keep up is what happens when you don't have a tax base. Which ironically is what's causing these companies to move there in the first place. Raise taxes to help touch up the infrastructure, and suddenly they want to move in search of greener pastures. As these low tax state's population boom because of their low tax status, it'd be hard to maintain their low tax status from the pressure the population boom causes.
I read that there was a very ancient city under Phoenix that thrived over 10,000 years ago. It had aqueducts and many thousands of residents who lived there a long time. And then they mysteriously left like the Anasazi and so many other communities in that area. They left because of drought. The problems with humans is we never think about the history of the area we live in and that future civilizations failed so we do we think we are much different.. Time will tell, as will history.
True. This pretty deeply tied up in a lot mexican pre colonial folklore. There was some sort of mass migration from that area toward the end of the ice age. ☝️😪🙃 I guess they had similar issues 🤷
I feel this is just a bandaid. I can never understand why Americans never adopt dense residentials where the state government are able to handle mass transportation a lot easier. It seems to me every americans owns a plot of house therefore spread the residential zone so wide that it is impossible for mass transportation to keep up and leads to crazy amount of traffic, more highways, more deterioration, and then they move on another state continuing use until deplete cycle. Americans give me the impression that they never interested long term inconvenient plans.
It’s the result of subsidized highway infrastructure. America is land of change and open space. It’s cheaper to rebuild new elsewhere than demolish/reconstruct or even renovate most areas. I understand differences in living preferences. I for one can’t stand the suburbs as I find them mostly dull and uninspiring due to their homogeneity. Driving during rush hour is also depriving. But I understand those that prefer it for space and independence.
People need to realize that the reason why NY and Cali are so expensive is due to how much economic opportunity there is. There's a reason why people want to live there which drives up costs. Arizona, Texas, and Florida are having a race to the bottom with tax incentives for billion dollar companies, and they pay workers low wages and can justify it and get away with it because of "low cost of living". Not to mention, a lot of the jobs that are relocated out of state are just low skill, low-wage manufacturing jobs -- pretty much outsourcing within the country. There is also countless studies showing that raising taxes is rarely a cause for moving, even among the rich. Of course there is a balancing act to be had, but a lot of folks are acting like we are at the tipping point -- quite laughable. Most people crying about tax rates in states are rarely making enough to justify moving to another state.
I'm a 50 yr old disabled mom. I will never be able to buy a home. It's the worst feeling you can imagine. We struggle to just survive month to month. I am constantly in anxiety ,depression and stress. My apt is just basic. In may my rent will be going way up. So now I'm just trying to figure out how we will ever find a home to rent we could afford.
Tbf the Colorado river is currently suffering a 20 year drought. The facts they are using less water then 50-75 years ago while also having 6 times the population is impressive.
We might be screwed but tbf Arizona does have the best water management in the country. We use the same amount of water today as when we had 60 times less people
@@AmericanDrinker It can be recycled up to a point. After a certain number of uses the amount of microparticles is too high for use to create these processors. As the process nodes become smaller and smaller the processes require even more pure water and the water can be recycled less.
Scary thing is, come liberal tech/ high wages, comes gentrification/high cost of living, division, poor pushed outside, crimes and homeless rates increase :( . Prefer my red state to be red in debt, as cost of living is very low here and homeless is low, easy to survive.
@@MikeLikesChannel Florida is getting a ton of traffic from New York and New Jersey. I might jump on the bandwagon to counteract the incoming liberals.
@@nickd2296 Feel free to buy my house for top dollar. It's in Broward county though, if you don't like liberals, you won't like Broward. It's similar to Los Angeles.
There are people who make their first 1M a year or 2M and they figured out a way to not pay taxes or pay very little. Even though they use the same electricity coming from powerlines, water from the same resevoir, services from First responders and multitude of services regular tax payers pay. If you make a million or above there should be no reason that you avoid paying taxes. If you exist in the same society reaping the same benefits as everyone else living and paying taxes then they should pay too. I don't say pay more taxes , but hell they don't even pay taxes Middle Incomers do. Middle Income singles all in taxes are like 36%, on average, millionaires with their tax structures pay 0%. Think about it. Rich avoiding 36% in taxes hurts middle and low incomers in another way as well (.36 x 1,000,000= $360K), that 36% savings in not paying taxes allows them to acquire more real estate that a middle incomer struggles to save for. Now the rich become your landlords and raise rent to cover for mortgages.... now middle incomers can't even own a home. 1) Cost of living goes up, can't buy a home, market value goes up on homes because of Hedgefunds and High Net worth individuals 2) Middle Incomers foot most of the bill for cost of running a society. Rich person's argument Someone making 10,000,000 a year may say I pay more taxes than you and then tell you I paid 1 million in taxes. BUT That's only 10% in taxes Middle Incomer making say a 100K and paying a gross tax rate of 36% will pay only 36,000 in taxes. (this is the game the rich play) Why aren't the millionaires paying 36% in taxes? They should be paying 360,000 in taxes! Just because you make more doesn't entitle you to pay less PERCENTAGE in taxes than middle income.
It’s not easy for rich people to get rich they have to work hard to get to where they are. You don’t get rich unless waking at 4am 5am to start. You willing to do that?The more you make the more they pay taxes. Yes there are loopholes but if you can create lots of jobs for Americans the govt tax code allows you to deduct more. Why would the govt tax rich people more bc then no one is in the capitalist economy? All business people would get out. America is capitalism, if you think otherwise then you’re in the wrong country.
The fact that my family can barley afford rent in Austin is sad. My parents used to pay $800 for an apartment but now it’s $1600 plus utilities, the difference of 8 years
Moving from Wisconsin, I lived in Chandler AZ for two years. Due to family issues I recently had to move back. I think about going back to AZ everyday. It’s so f’n grey and cold here. I miss the sunrises, sunsets, hiking, photography. All that said, rent and housing is out of control. It may be great for someone making SF wages while living in AZ but not so great for a single person who has to show up at the plant everyday.
@@dimakonax Living here in WI for nearly 50 years I really didn’t think it would be all that bad coming back but I was so used to sunshine everyday that coming back to so much grey is almost more than I can deal with. The first time it dropped to 5 degrees was a real eye opener. 🥶 Crappy roads, shoveling snow, all the salt, driving in the snow. Right this minute it’s 10 degrees outside and it will snow tonight for the drive tomorrow morning. I know in Chandler AZ it’s sunny and 70.
Great video, showing the different reasons for migration. so relevant now that alot of America is thinking about leaving (esp in CA and NY where affordability is ridiculous). What is weird is this came out in jan 2022, but most of the stats are from early 2021 (like the vaccine not being rolled out fully). Just goes to show you how much has changed in the last few months.
Affordability in CA & NY is ridiculous because leftwing politicians are attempting to create utopia and the unintended consequences have resulted in hell.
@@traderjts New Jersey especially, and pretty much most of New England although Maine I hear is still fairly reasonable... Probably because of the rough winters. The South is next, really, with the overpriced everything. It's inevitable. Almost nowhere to run to anymore.
I noticed the same thing, this video has one year dated old information, the still refers to Cuomo as mayor. And the chart like you said, goes to January 2021. Strange...
I have never been to Arizona and watching them try to tackle water issues while going green and expanding their chip footprint....it just makes me so happy and proud to be an American.
To the incredible person seeing this, I wish you all the best in life❤️don't over blame yourself, accept things and go forward. Don't let others define what "success" is for you. Get up, learn the skills needed and get after it, all the keys to a happy life is in your hands. keep pushing.
When I lived in Idaho a lady from California moved next door. She told me she loved Idaho- and she left California because of high taxes, unaffordable living, and violent crime. 2 weeks later her lawn was completely filled with political signs for far left candidates who openly advocate raising taxes, abolishing police, among other things.
I moved out of NY in 2013. Relocated to NJ to purchase my first home. Back then the price of a 3 bed/2 bath home in NJ was the same as a 1 bed/1bath condo in NY. Anyway, I lived there for 6 years and my house value increased $150k over that time period. Sold it in 2019 and moved into a bigger home (growing family) and in just 2 years (2020 and 2021) my home increased $200k in value. The city exodus is real.
Lucky for you being born at the right time to make this happen. Unfortunately for me, I'm just building my career now, and everything is unaffordable as can be, so I guess I'll be renting for ever.
@@heyaisdabomb I honestly don’t know. Hey, it all looks good on paper. But I can’t help thinking that it may lead to another real estate crash. Maybe that’s just me being cautious. But with inflation, the shortage of people entering the workforce and the amount of debt the younger generation have been talked into accepting, I can’t see this ending well. What looks good on paper now might end up telling a different story later on. I hope for the best for everyone. Get out of debt ASAP and live within your means. Save as much as you can before the rug gets pulled. That’s all I can say.
@@heyaisdabomb that's is you'll be able to continue to afford to rent. Many people are paying more in rent than some do for mortgages. Then again that depends on where you live.
Except if you look at the price of NYC apartments they are also increasing at the same rate. So your property value increases do not prove anything about a city exodus. In fact, the recent census actually showed NYC population increased in the last 10 years by around 10%.
Arizona’s Cost of Living is through the roof. If you call $618,000 for a track home in Mesa cheap your crazy!! $1200 for a one bedroom apartment really!!
As a Phoenician for 17 years I have to say is phoenix is still a transient city. So many people move in but, many move out. And nowadays the cost to rent a single is out of touch with reality.
Most companies won't employ low skilled labor. Automation is replacing manual labor. The jobs, if available, are minimum pay and that, in most cases, won't be enough to live on and pay the rising cost of housing.
@@grizzleyadams2101 manual labor is all work is though. Without manual labor we have nothing. We starve to death with no food. We are unclothed. Ect....
wait a minute: Ratheon has not been building missiles in AZ since the 50s. Ratheon bought Hughes Aircraft Company which essentially invented missile systems via the Falcon in the 50s. Ratheon actually bought Hughes from GM who bought it but sold to Ratheon after a few years in the late 80s. I know this because I worked for Hughes Aircraft Company at that time.
i've put in 5 offers on homes in the last year all $100k over on $1M homes and I've lost every single one to cash buyers offering substantially more.... the price per square foot is nearly double what it was 5 years ago.... QE incentivizes corporations to speculate. the combination of forward looking pressures of inflation have ensured that the next generation will not be able to buy homes. we will be a mass rental culture and the people will suffer
Hope they figure out the water shortage. The fight between the Colorado river between four states including AZ will not get easier in the next 50 years especially with the growing population. It will not go well if they do not have a sustainable plan.
Drill a well . There is no such thing as (water shortage ! The earth is full of fresh water. We will never run out of fresh water . This water shortage is by design. (AGENDA 30)
@@brianmax8147 There are 5 aquifers in the world that feed the earth's water table and they are all running out. Due to deforestation and global warming there is not enough rain to support the water being used now and they will all be dry within the next twenty years.
The Midwest altogether is suffering from mass relocation/moving. While it's awesome to have more jobs and opportunities, our economies are hurting for middle to lower class. The housing market is so horrible us younger people don't have the money to keep up, even though we grew up here.
You're totally right. That's is exactly what happened here in silicon valley. Everyone flooded to the bay area, the cost of living sky rocketed and everyone from here originally, was bought out or had to move because they couldn't afford it. Now it's happening again in the midwest, and the blame is being put on Californians, not the system in place that is clearly responsible for this. This should've been a concern a long time ago, but it didn't matter to people when it was happening only in SF. Now it's spilling over everywhere.
I live in Fort Worth. TX and thanks to the influx of people I can no longer afford to live in my area due to rental prices increasing over $400 a month! So thanks a lot glad other people new to the area get to screw over the lower income population that have been here for years.
@@shawnbottom4769 Landlords have no choice but to increase rent due to their property taxes and insurance increases. My property taxes increased 100% and my insurance premiums went up 10%.
On the topic of people leaving New York en masse - I see it as a great rebalancing of the city which has way too many people and keeps inflating housing costs at the center of the city, pushing the poorer sectors further out from Manhattan and making it difficult to travel to work.
The Texas winter storm wasn't unprecedented, it was virtual repeat of what happened just a decade before. And because ERCOT didn't learn from it's lessons and put in regulations requiring the winterization of it's generation infrastructure, like EVERY generation plant in the US outside of ERCOT's jurisdiction. I love Texas but this stuff is just stupid.
Born and raised in NYC. Left many years ago when out of towners aka gentrifiers invaded the city and sky rocketed the cost of living. Their presence brought a whole heep of targeted businesses that historically were never here, those business did not provide jobs to locals nor did they move it to sell the products to the community. That said Phoenix and Austin are both experiencing what NYC experienced 15-20+ years ago. Local Austin’s are getting pushed out, the lost of living in Austin has sky rocketed and prices (including taxes) for everything are up. Places like New York and California were great places to live until these people moved there. Now that they’ve sucked the life out of those states they hop to another and look what they are doing to Texas.
@KingEbin Texas is already corrupt. Governor Abbott is a self serving moron, Ted Cruz left his constituents during the power grid catastrophic failure last year. What has changed since then? Nothing.
I’m from Miami and the Cubans have basically ruined the city, you can’t get a job if you don’t speak Spanish, the corruption is through the roof, cheap infrastructure (That’s why these huge apartments/bridges are always collapsing in miami), and unless you’re in the service industry (Entertainer, prostitute, club owner, waiter etc.) or a plastic surgeon, there’s not many jobs. Also they’re very racist (Even to other Hispanics that aren’t cuban) so if you want to work in that industry it’s a discriminatory uphill battle (especially for black people, if you’re not a rapper/entertainer they don’t want you ANYWHERE in the vicinity).
And... there is no ignoring the POLITICAL CESSPOOL Arizona is. Cyber Ninjas and the State Republican Party made them the laughing stock of the entire nation.
I'm not sure, but, the Space Program is gearing up a lot more now. And, because more people are getting FED UP WITH POLITICS, from what i hear, a lot of people can't wait to go to MARS. IF ONE MILLION PEOPLE EVENTUALLY LIVE IN MARS, THAT WILL HELP ON US NOT BEING SO CROUDED.
Before you know it price of housing in Arizona and Texas will be just as high as in California, except the weather will be less pleasant. That is normal progression of success.
My son has been in Texas for 4 years. And he is moving back to Arkansas. The cost if living is ridiculous . One bed room nice one is 1800 a month. So some people are still leaving Texas. Most people that are moving there coming from new York, cali, Arizona places like that.
Buy candles save for Giving you light. Helping you stay warm. Forget property taxes. Forget high utility bills. Get real FREEDOM! GO HERE ----- GO THERE! SEE THIS! ------- SEE THAT! SAY GOODBY TO YOUR LANDLORD! IN A PINCH, YOU CAN PARK AT A WALMART STORE! BUY STUFF THEN TRAVEL FREE LIKE BIRDS! DON'T GET TRAPPED ANYWHERE! TRAVEL LIGHT!
I know some americans in Mexico who pay 650 bucks a month in rent for a 2 bedroom apartment and they are earning just a little bit above US minimum wage working online from Mexico.
That's great the people moving here can afford to buy a house but the people that have been living here for years now can't afford it because now everything is going up
My aunt has lived in Phoenix for 30+ years and she’s leaving in her retirement bc when you have a stretch of 119 degree weather it really wears on your house.
I have lived in TX for 21 years. 19 of those in a city north of Dallas. Before the pandemic, the city traffic was manageable, now, I see California plates everywhere.