In today’s episode, we are going to talk about why California is about to get destroyed… (California Tax).

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As I predicted in the past, a lot of high earning Californians are leaving California. In previous videos, I mentioned how Graham Stephan, Joe Rogan, and others have recently announced that they are leaving California due to the California taxes.

Now, we are being informed that companies such as HP, Tesla, and Oracle are leaving California as well. Each of these companies leaving is not the end of the world, but the combination of these companies, and Charles Schwab leaving California, make it a significant matter. It is just a matter of time before more companies leave California.

A lot of these companies are moving to Austin, Texas. The reason for this is, networking! All of these companies are now in Austin, and they are still going to be around all of the other best tech companies. I am expecting a lot of companies to leave California and move to Austin.

Austin is definitely attracting the tech companies, but I think Vegas, Florida, and other places will be a central spot for social media influencers. I think Vegas can be the capital for influencers because of the proximity to California, no state income tax, and the Vegas lifestyle.

I don’t know anybody who is happy with the situation in California right now. What is going to happen to real estate in California? In Vegas, real estate prices are through the roof! As a real estate investor, I give my opinion on what I think is going to happen to real estate in California.


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