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Job growth is booming across the U.S. but not in California. Here's why

latimes.com

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Re: Job growth is booming across the U.S. but not in California. Here's why

#81

Post by GaryNumanVevo »

shuckles wrote: post #46
readyman wrote: post #30

Earlier quoted context omitted.

> California is run as a real estate cartel Literally the political power that got Tesla off the ground (with fed funding) to save real estate prices in the San Bernadino Valley, LA, etc.

Tesla's primary R&D and manufacturing operations are in the San Francisco Bay Area. How does that impact land values in Southern California?

Read up on the history of California's Zero-Emission Vehicle credits, Tesla regularly makes revenue in the hundreds of millions by selling these credits to other auto manufacturers. https://stockdividendscreener.com/auto-manufacturers/teslas-...

These credits were originally thought up to incentivize EVs because the smog in LA was near apocalyptic level.

Re: Job growth is booming across the U.S. but not in California. Here's why

#83

Post by _8j50 »

carom wrote: post #80
_8j50 wrote: post #33

California as a whole is a great place to live but I have no idea how people manage. My biggest hangup isn't jobs but housing. You have to be a millionaire to afford a small house far away from any city. And if you decide to rent instead, then even making 200k+ you are unlikely to afford a house at all. By the time you save up a million, housing prices increasing and inflation will push you back to square one. If you…

This is a little exaggerated. You can own a $1m home on 180k/yr at old interest rates. I am not a millionaire and bought a $1.2m property in the heart of LA.

When was this and how is it not renting but with more steps? Can you pay it off in 10-20yrs?

Re: Job growth is booming across the U.S. but not in California. Here's why

#84

Post by smcin »

readyman wrote: post #67
shuckles wrote: post #66

Earlier quoted context omitted.

So your theory is that China is investing unprecedented amounts into EV production to improve air quality in coastal California thereby propping up land values? Wouldn't it be cheaper to pass permit reform so that LA and SF metro areas could just build mass transit?

> So your theory is that China is investing unprecedented amounts into EV production to improve air quality in coastal California thereby propping up land values? China has the necessary political organization and willpower to meaningfully invest in nuclear energy, making EVs an environmental benefit. That does not apply to the US. > Wouldn't it be cheaper to pass permit reform so that LA and SF metro areas could jus…

> You can't plan a city [LA] around interstates then bolt on public transit later.

LA used to have a perfectly functioning public transport network, then in the 1900s-1950s it was systematically dismantled by holding companies fronting for car companies buying up rights-of-way and depots.

> China has the necessary political organization and willpower to meaningfully invest in nuclear energy, making EVs an environmental benefit. That does not apply to the US.

Better to restate your criticism of EVs not being environmental as "[claim:] EVs are only a net plus for the environment if they don't just relocate poullution to electricity generating plants, but use lower-carbon-emission generation like nuclear". There are still environmental benefits to moving smog out of/downwind of Los Angeles County (pop 9.7m) to its neighbors [0].

Building new nuclear plants (or even extending the life of the last existing one) in California is for decades already a political hot potato, it will only get approval when the grid is repeatedly straining at its limits in peak summer or winter. So that's a political question, not an engineering one.

[0]: https://en.wikipedia.org/wiki/List_of_power_stations_in_Cali...

Re: Job growth is booming across the U.S. but not in California. Here's why

#85

Post by shuckles »

GaryNumanVevo wrote: post #81
shuckles wrote: post #46

Earlier quoted context omitted.

Tesla's primary R&D and manufacturing operations are in the San Francisco Bay Area. How does that impact land values in Southern California?

Read up on the history of California's Zero-Emission Vehicle credits, Tesla regularly makes revenue in the hundreds of millions by selling these credits to other auto manufacturers. https://stockdividendscreener.com/auto-manufacturers/teslas-... These credits were originally thought up to incentivize EVs because the smog in LA was near apocalyptic level.

Smog in LA peaked decades before EV credits were thought up.
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