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OT: Twitter and SpaceX HQs moving to Texas
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I am bookmarking this and will bring this back up then
I get why businesses like the environment there. And maybe it’s just generally people following the jobs.
Not that Florida has a growth problem by any means but if I were working for a company that was going to relocate, I’d rather it be somewhere in Florida over Texas. I’m biased I guess because I grew up there but I don’t know why everybody wouldn’t want to live in the Tampa area.
2024 is also the first election in which California has lost an Electoral College vote.
It had been “up only” since the 1850s.
Austin's always been pretty liberal, at least during my lifetime.
As someone who likes to eat food I would prefer if this didn’t happen.
Pros: It's a booming economy and job prospects are good. Lots of commercial entertainment.
Cons: Texas has no public land. Very, very little natural beauty... Especially in the populated portions of the state. There's no water (1 natural lake in the whole state.) The weather is inhospitable at best. And the property taxes/insurance are going to destroy people. Texas property tax increases are capped at 10% a year. But the valuations are already locked in for COVID property value jumps. Many people are looking at a 10% increase in property taxes for the next 5+ years guaranteed. Income won't follow at the same rate. You're guaranteed several years of tax rate increases in TX through the mid 2020's.
Say what you will about CA policies, but it is one of the most beautiful states in the union. And the weather is great. Texas looks and feels like Louisiana and Iraq combined to have a baby... When the urbanization sets in, people get more liberal and the policies will follow. From 1983-2011 CA only had 4 years of a Democrat governor. The blue wave comes fast when all your people are living in multifamily housing and want public transportation/education/housing etc..
You seriously think the state is going to break and fold on itself?
That is a bold prediction.
Predict it will slide a bit in economic status because that's certainly possible.
Predict it will shrink a bit in population because that's certainly possible.
But instead of a reasonable prediction, you predict it will break and fold on itself?
Good lord this thread is filled with odd giddiness.
What are you talking about? Are you referring to the SVB rescue situation or something different?
Blue collar auto workers have benefitted from bailouts.
Blue collar Ag Industry workers have benefitted from bailouts.
White collar bankers have benefitted from bailouts.
Etc etc etc.
The state of California is not near collapse.
Good lord this thread is filled with odd giddiness.
You should consider moving there.
Maybe join the Cal Berkeley sports discussion board??
This could be said with derision about people who belong to either party that happens to be in charge.
Obvious example- Republicans get the govt they deserve in Mississippi.
Good lord this thread is filled with odd giddiness.
California is the single best plot of land on planet Earth from a climate, scenic, soil, agriculture, & diversity of nature standpoint.
If there was a world wide draft on land, California would be drafted 1/1, outside of strategic straits around the world like Gibralter, Hormuz, & Malacca
It's going to take more than some bad laws for filthy rich people to just up & leave that.
FYI, homelessness is typically an issue in places where the weather is so good that you can live outside. Think about it
If there was a world wide draft on land, California would be drafted 1/1, outside of strategic straits around the world like Gibralter, Hormuz, & Malacca
It's going to take more than some bad laws for filthy rich people to just up & leave that.
FYI, homelessness is typically an issue in places where the weather is so good that you can live outside. Think about it
Musk moving his companies to TX is one of the least surprising things I've heard in weeks.
I didn't realize SpaceX was headquartered in the Bay Area...just figured it was in TX already.
Good for him- he should move to a city/state where he wants to live and run companies.
Maybe once he is in TX he can finally turn X around and make it worth what he paid for it.
I didn't realize SpaceX was headquartered in the Bay Area...just figured it was in TX already.
Good for him- he should move to a city/state where he wants to live and run companies.
Maybe once he is in TX he can finally turn X around and make it worth what he paid for it.
I didn’t say it was a good move, I just said they make it enticing.
I don't get it either. I go to DFW quite a bit for work and I think it sucks. At the end of the day, I guess it's just jobs/money. But I like the things @PooPopsBaldHead mentioned, and Texas has hardly any of it. Make a lot of money, and go spend it on restaurants and indoor entertainment, that's about all I see to do. I went to a Rangers game a few weeks ago and the AC (in their freakin' new indoor baseball stadium) almost froze me out.
Yeah I mean if you're going to live in hot weather, may as well have beaches and water around. I was in Tampa last week and much prefer it to DFW.
This is what a lot of people overlook about California: Over 6 million Californians voted for Trump in the 2020 election (11 million for Biden). That a ton of people (double the population of Mississippi). I wonder how many other Trump voters in California didn't bother to go stand in long poll lines due to the knowledge that their votes wouldn't matter due to the electoral college.
X is located in the Bay Area.
SpaceX is in Hawthorne, California which is in Los Angeles county.
I imagine Elon is fine with his X investment. He’s accomplished the purpose of why he bought it.
I read a financial report and also read musks own comments.
You can dismiss the deposition claim if it makes you feel better, even though it's from a deposition, but dismissing the Fidelity report would be bonkers.
Fidelity, an investment firm that is not a biased news organization, and is a company that helped complete his purchase of Twitter, released a valuation of the company in early 24 that said Twitter head lost 72% of its value since musk bought it.
Elon Musk has wiped out 72% of Twitter's value since taking over, Fidelity reveals in new filing
The now-private social media network has struggled to hold on to advertisers and is weighed down by $13 billion in debt.
In September 2023, a news story made its rounds that stated musk valued his company at 90% less than what he bought it for, based on a deposition.
Did Elon Musk Admit 90% Decline In Twitter's Value Since Acquisition?, Apple's Zero-Click Vulnerabilities Uncovered By Internet Watchdog Group, Gas Prices Jump As Strikes Start At Major Chevron Australia LNG Projects: Today's Top Stories
Benzinga Did Elon Musk Just Admit That Twitter's Value Is Down By 90% After His $44B Acquisition? Elon Musk's $44 billion acquisition of Twitter (now X) has been mired in controversies, but his latest admission could be a sign of just how bad it has turned out for him so far. In his ongoing rant...
I’ve only been to California a handful of times but you’re right on it being beautiful with great weather. There is no mystery there why people want to live in California.
If you consider yourself a levelheaded human and/or you have kids it’s very hard to grasp that you would dilute AB1955 into “some trans bill”. But I’ll give you the benefit of the doubt that you either haven’t given it much critical thought or have no idea what the bill entails.
The bill bars K-12 teachers and staff from letting parents know about their child's gender transition. Teachers must use the kids preferred pronouns but that information, along with any on the kid's psychological state and treatment in schools, is to be hidden from the kid's parents. That sounds truly f'd-up to me.
California being pretty close to paradise on earth is why the stationary bandits in state and local government can extract so much value.
Most places that operated like California would be forced to change paths or turn into a third world hellscape within a decade or two.
Meh, an island of insanity in an otherwise sane state but with relatively ****** weather or an island of insanity in a sea or insanity but with great weather. I can see picking the former if there are tax benefits.
The biggest question to me is whether his stuff in texas is in clay county. They already have a history of "show me the man, I'll show you the crime" type prosecutions and that's what I'd be worried about if I was somebody prominent that openly bucked leftist dogma. Insane politics is a nuisance compared to a corrupt and politicized justice system.
When they follow their job that has been relocated, they bring ****** politics. When they initiate a move, even if it's for a job, on average they tend to make places less crazy.
I like the Austin area. Good restaurants, fun things to do, breweries and wine country. It's progressive and I'm not but I like going to progressive places. Progressive white people talk about diversity and inclusion quite a bit but where they live is often pretty segregated, by race and class, and they keep out poor, trashy people. But their leaders often embrace pathological altruism that screws up cities--defunding the police or embracing policies that increase homelessness and crime. Stop doing that. I like Asheville, N.C.and it's surroundings. It's cool and hip. Don't ruin it
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The biggest asset in todays economy is people. Places that already have big populations because of an asset in the past (typically one or more of location on a major waterway, good port, natural resources such as oil and gas or iron, etc) have a huge advantage. You look at the major population centers and then eliminate the ones that are constantly stepping on their dicks, and the competition gets smaller. Not sure why Austin became a thing other than the luck of being one of the first tech centers outside of California (I think with Dell?).
They unfortunately get the government that the majority of voters deserve also.
Northern California is a great place to live if you're wealthy and progressive. You're around other rich people and Latina nannies for your kids come cheap and don't live by you. It's tough for the middle classes and poor.
Hispanics are more conservative in TX than they ever were in CA. I think they'll continue to move center right.
Man, some of that stuff would sound unattractive on its own, but put in the context of making people like her not want to live there, it kind of makes it sound pretty attractive.
People get wrapped up in Austin. The area around Austin and San Antonio is becoming lucrative to developers and businesses. Elon already has an underground project between here and San Antonio and a car plant here in Austin over at the main toll road between here and San Antonio. Austin still seems to be very attractive. It won't be another ten years. Some companies already started moving out.
Regarding the weather, if you can handle hot as a furnace in summer, you have over 300 days of sunshine in the year, and you rarely have snow days.
There are new urban projects everywhere you look. I moved up here to get away from downtown when all I had to do was wait a little longer for them to move out here with me.
Regarding the weather, if you can handle hot as a furnace in summer, you have over 300 days of sunshine in the year, and you rarely have snow days.
There are new urban projects everywhere you look. I moved up here to get away from downtown when all I had to do was wait a little longer for them to move out here with me.
I split time working in Arlington and Plano for 5 years. Had to commute about 1 hour to both locations. Plano drive was almost exclusively tollway and Arlington was freeway. I literally never saw a wreck on the tollway in 5 years but the freeway had multiple wrecks and lanes blocked weekly. I happily paid the toll and I'm grateful that I had the ability to do so.
The California government can earn my respect if they make her their spokesperson and just run weekly ads of her talking **** about Texas.
Thems the rules. Things get better. Things get worse. We react and life goes on. All good criticizing CA policies. There's plenty to criticize and praise. I've criticized Desantis on his Disney culture war stuff. I still want both CA and FL to thrive.
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