Comments on: California to issue I.O.U.’s

By: Henderson NV Homes

Henderson NV Homes — Tue, 09 Mar 2010 13:15:09 +0000

You know, I’ve never seen those ads. It sounds hilarious I’ll have to search for them on youtube. Maybe they just don’t play here in Henderson. Well, with all the revenue the state generates from tourism it’s really no surprise.

By: Mack@Homes for sale las vegas

Mack@Homes for sale las vegas — Mon, 28 Sep 2009 19:26:20 +0000

Andrew, your mood is easily understandable. I know how disgusting it can be. I live very close to you and in NV I dont have anything to brag about. I have read somewhere that CA is the most attracted state of visitors and people who relocate in terms of jobs, education and retirement. Its not possible to argue. I bet you better turn the tv when you see one more ad like that
Mack@Homes for sale las vegas´s last blog ..Commercial Real Estate Bubble

By: Kathy@orange county wrongful death attorney

Kathy@orange county wrongful death attorney — Fri, 12 Jun 2009 23:16:50 +0000

Despite all these negative things said about the Great State of California, people don’t leave. They continue to come. There was a lot of complaining about workers’ compensation insurance rates and that it would drive business out, but the state population continues to grow.

By: real estate in panama

real estate in panama — Thu, 14 May 2009 10:47:48 +0000

yes It is true even if I will see another one of those “come to California, we’re the best” ads on TV, I will turn the channel. but if you really go and visit other states they are also going to pay the same money. But as we have to pay the money, we don’t like the way we are paying it. It seems like the money goes before it comes to our hand.

Cheers,Samuel (The guy into Real estate business in panama)

By: Cary real estate

Cary real estate — Wed, 11 Mar 2009 20:00:07 +0000

It is really a shame. California should have a very good revenue collections and have a good budget surplus, becuase it has big business establishments and don’t forget the hollywood… that is being visited by tourist yearly. I cannot imagine why such state having budget deficit. Can’t he do anything to lift it up, instead of imposing big tax from the taxpayers? Cutting up teachers forces…does not really make any sense at all. It seems to me, this state is in a is going to collapsed financially, very sad. Cheers, Michael McLaughlin, Cary real estate

By: Cary real estate

Cary real estate — Mon, 23 Feb 2009 22:40:58 +0000

Yes, today, anyone moving to overcrowded california should realize they need approximately 150 percent of what most jobs, even good jobs will offer to pay them. a weird thing happens quickly to those that do move, they soon find its “mandatory” they work 60 hours a week to keep their job, thus increasing their pay as if by magic 50 percent, but then the tax man cometh and take back more than you think. When both spouses have to work such onerous hours they often end up divorced and deep in hock to lawyers, the state, mortgage and auto companies. I don’t know anyone who simply works 40 hours a week and makes enough money to actually move-in to California anymore and maintain their own independent household. The only ones who come close are those that inherited their houses or were helped in some fashion buy that first house long ago and maintained a simple lifestyle. When auto companies run prospective buyers credit reports they have such a chuckle. So the final option is to keep balooning your credit till you hit the wall. In the developed areas of California $100,000 will allow one to live like a graduate student with a decent food budget, and that is all. $140,000 will allow you to lease a premium suv or car and go to vegas twice a year for a few night stay at a casino. Once you start making above $170,000 you can afford a modest middle class household in an iffy area but you won’t be saving much. If you want to live in the upper middle class try above $260k.

Regards,
Michael McLaughlin, Cary real estate

By: Margaret Safford-Metro Atlanta Realtor

Margaret Safford-Metro Atlanta Realtor — Thu, 15 Jan 2009 23:57:08 +0000

Oh goodness, I hope you don't end up with an IOU instead of a refund, that would put a bit of a damper on the new year. Margaret Safford-Metro Atlanta Realtor’s last blog post..Does the Metro Atlanta Real Estate Market Mimic the New HGTV Shows?

By: Mary Ann Knell-Peoria, IL Realtor

Mary Ann Knell-Peoria, IL Realtor — Thu, 15 Jan 2009 23:39:13 +0000

Gosh, scary idea for everyone hoping to pay off bills with that refund-especially for those that may have recently been laid off or lost their jobs-those refunds are all the more precious. Here is to hoping everything gets worked out before it comes to giving out IOUs Mary Ann Knell-Peoria, IL Realtor’s last blog post..10 Steps to Achieving the American Dream of Home Ownership!

By: Taylor@Ascend Training

Taylor@Ascend Training — Wed, 14 Jan 2009 15:35:37 +0000

I can’t tell you how disappointed I would be to receive an IOU from the state. People depend on that money as part of their income and taking it away will put my families it tough situations.

By: Alex Aguilar @ San Diego Real Estate

Alex Aguilar @ San Diego Real Estate — Tue, 13 Jan 2009 18:47:44 +0000

I am not sure I agree with you regarding immigration being the cause of California’s financial crisis. The problem is simple, it comes down to housing and when you have a drop in home values of 10-20% statewide, it’s going to affect everyone. This means that the property taxes being collected are down by 10-20%, people are spending less which creates less tax revenue to the state.

You could make an argument that Hispanics are a large part of the working class in California, which will continue to purchase goods and services which will continue to drive a lot of money into the state economy. Until we deal directly with homeowner’s (which doesn’t look like we will) we will continue to be in a recession. There are a lot of bad loans in our financial system and things will not improve until we get them out.