California Exodus Accelerates as Oracle Evacuates to Texas #2020

Lunatic Policies Continue to Chase Wealth Out of the State as the Tax Base Dwindles

REAL ESTATE NEWS (LOS ANGELES, CA) — People are leaving in droves. The State of California has its head buried deeply in the sand as looming deficits soar to unimaginable heights. The state’s rapidly failing policies of excessive taxes, soaking the rich, stealing from the middle class and expanding homeless tent cities continues to discourage the biggest and smartest companies in the state. They’re leaving at an accelerating pace.

Yahoo Fake News says the exodus is accelerated by coronavirus. This is a false narrative, as viruses have proven to operate basically the same in all states, spreading and dissipating without much regard to politics. Doctors are being censored when attempting to communicate the truth about the number of deaths being normal, like a typical flu season. It is not a virus, but panic, hysteria, exaggeration and overreaction that have accelerated the already brisk movement of people, wealth and brain power out of the State of California. According to tens of thousands of medical practitioners, heavy-handed lockdown mandated by state politicians has damaged health, wealth and happiness of citizens. Cautioning against fear and unwise practice, a growing number of doctors call it the “greatest hoax ever perpetrated on an unsuspecting public”. Californians will eventually rely on their own eyes to see that fake news and corrupt politicians are wrong.

This week, Oracle announced that it is moving its headquarters to Texas. The fake news blames the virus, but The California Exodus has been happening for years, and was already hitting critical mass before the virus hysteria arrived. Oracle is not moving to Texas to get away from a pandemic. With 135,000 employees, the database giant is moving away for the same reason as Tesla, Hewlett Packard and so many others: California’s extreme economic policies, over-regulation, high cost of living, growing crime and the trend toward telecommuting. Texas Governor Gregg Abbott welcomed Oracle, calling Texas the land of business, jobs and opportunity. | Blog Video

Wealthy, educated people and large employers have no reason to stay where they are not appreciated. When they are over-taxed, over-regulated, stifled and disrespected, they pick up and move to another state, or another country.

The State of California has shortsightedly ignored economic, as well as physical and psychological effects of over-taxation, over-regulation and increasing crime (one friendly local real estate agent was recently robbed at gun point in the Highland Park neighborhood of Los Angeles). In 2020, the myopia has exploded into full hysterics by mainstream lamestream news media, politicians, with irrational support by a significant percentage of a paralyzed population under massive censorship and propaganda by unlawful social media monopolies like Facebook and Youtube.

It’s time to stop believing the virus hype, and time to get concerned about being the last souls left in a struggling state dominated by blight, refuse and tent encampments that are unconstitutionally exempt from most laws. Unless these unwise trends stop quickly, California may not recover any time soon. The wealthy and middle class will continue to leave the state, leaving mostly poverty and blight in the once golden state. It is up to private citizens and small businesses to band together like never before to reverse the bad policies that increasingly threaten our right to life, liberty and the pursuit of happiness in California.

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, BRE 01889449, MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.