This is the END of California’s Economy.. Add me on insta @ThisisJohnWilliams

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California is a beautiful state and has so much going for it. We have all watched the luxury mansion tours on million dollar listing la of the luxury Beverly Hills mansions. We have seen so many beautiful homes and the luxury lifestyle in Los Angeles is something that billions across the globe would love to experience.

We, together are witnessing the downfall of Los Angeles, San Francisco and every city in between. We are going to see massive changes coming to the real estate space and though this will be a big impact on small business owners as well as first time home buyers who want to purchase their first home.

California is now issuing a first time home buyer program offering 17% down payments on homes and is also increasing the minimum wage in the entire state of California to $15.50 which will make things even harder for small and medium sized businesses that are running their businesses and enterprises from the state of California.

The question is, how big of an impact will this have on the housing market and the real estate market in cali? Will we see a big change in housing costs? Will we see a massive housing bubble with all of this new demand?

Will we see record high unemployment rate as more and more businesses go under and have to close down?

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