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Reparations in California | Business *OWNERS* are FINISHED
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We have heard about reparations in California and many people do not know what this means or what this entails. This will consist of a multi pronged effort to impact the educational system, increase minimum wage, offer health benefits, paid sick leave and more.
This will have profound impacts on the economy throughout California as they will be the ones funding this societal change. We will likely see huge real estate investing opportunities very soon for smart and savvy investors such as private equity companies, hedge funds and more that see the distress in the California economy and also all of the limitless investing that can be done.
As interest rates rise and consumer and household debt balloons and we have increased costs to business owners this is the perfect situation in which millionaires and billionaires will run out there and secure single family houses, multi family houses, office buildings and retail strip centers.
I believe that the very rich are very rich for a reason, they understand value in their investments and in a place like CA where you have so much going for it and with it a lot of house hold debt and these massive changes coming, this will equate to a once in a life time opportunity for those investors.
What are your thoughts on this entire situation in California?
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