How will the industry react? Will they move from California? I have a feeling that this is why they didn't shove Newsom down our throats.
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No one can afford the housing prices there and they are trying to give illegals 25k to buy a home. The medical system is going to break under the weight of all the illegal aliens and everyone getting “free” healthcare. On top of that the kids are being effed up at what they call “school” and some of us call “grooming”. It’s a total upside down shit show in CA.
[They] want to keep Newsom's screw ups on the downlow, sort of like his sexual proclivities.
Its up to $150K now, so there will be a mass influx of illegals from the rest of the country.
...which is somewhat ironic, considering that you can't touch a house in California for $150,000 today. Not to mention the recurring taxes.
The $150K is for the downpayment, as I understand it. I'm not sure what happened to the $25K plan. But you're totally right. Even if you can make the payments, the existing and proposed taxes will destroy personal home ownership.
Either way, neither will happen because CA didn't include funding in the budget for this year. Just like the reparations they promised.
Just wait until the feds start breaking promises to the illegal aliens. Then things will get interesting.