near perfect match to our previous study on home price vs tax…
we noted Florida, Tennesse, Nevada and Texas being the most attractive states, while New York, Massachusetts, Maryland and Virginia were the least favourable places to live + invest – data from US Census Bureau has proven the same conclusion
follow the money is always a good guide in investing, and in this case, money in the pockets of the people, not in the claws of the bureaucrats/politicians!
HK needs to spend within its means, not raising debts, because that will lead to higher taxes and people deserting the city, just like they are doing to CA
Another piece of evidence that proofs our point:
https://www.zerohedge.com/markets/americas-great-investment-firm-migration-reveals-sun-belt-reaps-multi-trillion-dollar
https://www.kiplinger.com/taxes/millions-of-americans-are-fleeing-high-tax-states
if hk wants to attract high quality migrants, it should cut welfare, and cut taxes
HK needs to spend within its means, not raising debts, because that will lead to higher taxes and people deserting the city, just like they are doing to CA
https://x.com/SanDiegoKnight/status/2048900058301739102