I love California too. The big disagreement that I have with this week's data is the FT comment on housing prices. Austin and other TX cities have plenty of land to expand into, which is what they are doing. NYC, SF and other older cities are about completely built out. Any expansions are likely tall, which is more expensive. Even with that, Austin house inflation is zooming. I can no longer afford to move there from CT if I wanted to.
I love California too. The big disagreement that I have with this week's data is the FT comment on housing prices. Austin and other TX cities have plenty of land to expand into, which is what they are doing. NYC, SF and other older cities are about completely built out. Any expansions are likely tall, which is more expensive. Even with that, Austin house inflation is zooming. I can no longer afford to move there from CT if I wanted to.
Am I right that Larry Hogan is the 'just get the damn vaccine' guy? Will be hard to live that down.
It is amazing how California can be governed so badly with its beauty, natural resources, and talented population.
love you man!