[Economics] High Taxes and Chaos Don’t Work

U-Haul data shows that people are moving to more conservative and lower tax areas such as Texas, Tennessee, and Florida.

Yup, high taxes don’t work. People don’t like when a third of their income and more is just taken away. The worst part is that money is not spent well. Just look at the massive government….and its waste.

And of course, nobody likes chaos except opportunistic politicians and criminals….

CA is in full exodus mode. In LA and OC, I see so many for rent signs and deals. Downtown LA has the best deals but not many want to come when your complex entrance is occupied by an army of homeless tents. And all the restaurants and coffee shops and bars are locked down..no more LA life…

LA has some protests but nothing like Portland and Seattle…ANTIFA still breaking stuff-

Expect more movement- That means more demand for houses in Texas, Tennessee, and Florida.

Not a bad idea to invest in housing REITs that have properties in these states. Personally, I am long BRG, BRT, and IRT. I expect this trend to be around 2-3 years. Biden presidency won’t be able to satisfy BLM or ANTIFA. And the liberal city mayors will not stop them until the city is literally on fire. Portland still has violent riots-

These are hard times- But let us not despair. We will adapt and pray for our country. God Bless America!

Thank You Jesus for America. Let us pray for peace and healing. Let us stay strong in You and love and serve our neighbors Amen-

Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.

1 Thessalonians 5: 16-18

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