Some major U.S. metros governed by certain administrations face a striking affordability squeeze. New York, Illinois, and California are textbook examples—steep tax burdens paired with skyrocketing housing costs, while public education and infrastructure improvements stall. It's a real paradox: more government spending, fewer tangible results. For investors tracking macro trends, this kind of regional economic stress often correlates with wealth migration patterns and shifting capital allocation strategies.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
NFT_Therapy
· 9h ago
Damn, it's these three states again. No wonder everyone is moving to Texas.
View OriginalReply0
TheShibaWhisperer
· 10h ago
Nah, this is a typical policy failure. Where did all the money go?
View OriginalReply0
zkNoob
· 10h ago
ngl this is a typical case of "burning money with no effect," right? New York and California are really out of control... taxes keep increasing while housing prices soar, people are forced to leave 🏃♂️
View OriginalReply0
CryptoCross-TalkClub
· 10h ago
Laughing to death, internal tax competition, exploding housing prices, and shrinking services—this combination punch is quite something.
---
Oh my god, the more money you spend, the faster you lose it. I can't even come up with this kind of act in ten years of comedy.
---
Where is the money from New York and California going? I need to keep an eye on it. The next hot spot might be among the leeks fleeing their household registration.
---
Government spending is like me pulling up a stock. It looks lively but actually doesn't improve anything. Laughing to death.
---
This wave of wealth transfer is even more ruthless than a bear market trap. Truly the invisible hand, everyone.
---
Let me explain: this is called the "high tax trap," more damaging than a project crashing.
---
So wealthy people have all moved to Texas? I need to pay attention. Capital flow is the next signal of the hot spot.
View OriginalReply0
Degen4Breakfast
· 10h ago
Nah, these places are really terrible. Where did all the money go?
View OriginalReply0
AirdropBlackHole
· 10h ago
Nah, this is a sign of capital fleeing. New York and California should have seen it clearly long ago.
Some major U.S. metros governed by certain administrations face a striking affordability squeeze. New York, Illinois, and California are textbook examples—steep tax burdens paired with skyrocketing housing costs, while public education and infrastructure improvements stall. It's a real paradox: more government spending, fewer tangible results. For investors tracking macro trends, this kind of regional economic stress often correlates with wealth migration patterns and shifting capital allocation strategies.