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In Reply to: CA overtook UK to become 5th largest economy, and now will take over Germany for 4th. Bash away! : ) posted by jdaniel@jps.net on October 24, 2022 at 09:48:44:
Apartments in not the nicest parts of town are $2,000 for a two bedroom. Rents of $3,000 to $4,000 are not uncommon.So anyone with a family needs an income of $6,000 to $10,000 a month to reasonably afford to live in California. Of course, gas, electricity and water is also close to twice as much too.
So even at $15/hour, that's only $30,000 or $2,500 a month. With two lower wage workers, you still can't reasonably afford a two bedroom apartment or afford children. Sure, a coder in Silicon Valley makes good money, but they can't afford to live there either with a 2b, 1ba house nearby costing over a million.
Go up to LA and homeless tent communities can be found under every freeway overpass.
Manufactures have gone for the most part. All you have is coders and companies that import junk from China along with service workers in restaurants, hotels and so forth which want to do those jobs.
-Rod
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Follow Ups
- Most folks can't afford the weather tax.... - Rod M 10/24/2219:31:08 10/24/22 (12)
- Can't afford CA move to the Philippines - RGA 17:10:03 10/25/22 (1)
- It's not me that I worry about... - Rod M 18:03:17 10/25/22 (0)
- There are some ways around it - Victor Khomenko 07:16:36 10/25/22 (9)
- RE: There are some ways around it - Inmate51 08:31:56 10/25/22 (8)
- Build 'em a tent city, on an island like NY, on the taxpayer's dime, ... - emailtim 11:25:02 10/25/22 (2)
- RE: Build 'em a tent city, on an island like NY, on the taxpayer's dime, ... - tweaker456 20:58:14 10/25/22 (1)
- Los Angeles is spending up to $837,000 to house a single homeless person - emailtim 22:01:29 10/25/22 (0)
- That particular home is clean - Victor Khomenko 08:51:15 10/25/22 (4)
- Why wouldn't most be clean? Compared to the Appalachias, at least. - jdaniel@jps.net 09:28:57 10/25/22 (3)
- Your example would seem to be right on target. And it's not just... - MWE 12:47:04 10/25/22 (1)
- I agree. Problem is, the news media has pitted rural America against urban America. I guess that's profitable - jdaniel@jps.net 20:22:24 10/25/22 (0)
- Because it is the "4 largest economy" IN THE WORLD ??? - emailtim 11:16:58 10/25/22 (0)