As many of you are aware of the California State Budget crisis and the myriad of media reports from economic shrinking to the increased exodus of business fleeing a tax-heavy environment, I scour to find good news and opportunities for growing our businesses. Here is some news you’ll find interesting and positive:
California’s population continues to expand, despite an economic ill wind and a slowing of immigrants to the golden state. In 2008, according to state numbers, the population increased to 38,393,687 residents. Which means 34,000 people still move to California every month. In fact, San Jose exceeded one million in population for the very first time and Fresno knocked out Long Beach as the fifth largest city in California.
In the Central Valley you’ll find growth in Merced, too. UC Merced is preparing for an expansion that will accommodate 25,000 students by 2035 — up from 3,000 today! That kind of growth is certainly an opportunity for land and income investments that should be considered and shared with clients today.
The Bay Area Ports are incenting cargo and cruise ship traffic. Railroad freight is expected to see fees reduced. And in some areas, builders are able to defer paying impact fees on traffic, sewage, and parks.
All good news that is covered up by the industrial media complex. Are all these good reasons to reconnect with past clients and share the news?
The best time to plant an oak tree was yesterday.
Onward!
Scott LeForce
President
Scott.LeForce@rwnc.net
