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RERL-1734-The Rich Are Looking To Leave California – Where Are They Going And Why?

RERL-1734-The Rich Are Looking To Leave California – Where Are They Going And Why?

Political unrest, increasing taxes and poor use of that money. These are just a few probable reasons why the rich are leaving California. As times get more challenging, California is quickly becoming an interesting state to watch as residents and residential income experiences a major shift. Join Joe Cucchiara and Jack Russo in this discussion on why more people are choosing to leave California and where they are going.

  • Increasing business and homeowner taxes
  • Bay Area housing market going berzerk
  • Are small things making the biggest differences?
  • Poverty, crime & medical services
  • Moving to a US territory like Puerto Rico
  • Giving up US citizenship and paying an exit tax
  • Moving to a lower tax state that is close to California

California is not the only state having these problems. Check out this NY Times article on the millionaires tax in New Jersey.

If you wish to contact Joe Cucchiara email him at, call (408)-838-9060 or simply visit We also provide additional information to help you make smart decisions in and around your real estate venture.

All the information in this podcast is broadcast in good faith and for general information purpose only. We do not make any warranties about the completeness, reliability and accuracy of this information. Any action you take upon the information on our website is strictly at your own risk. We will not be liable for any losses and damages in connection with the use of associated information. All Rights Reserved. Copyright 2015. Joe Cucchiara MLO 273084 This is not a commitment to lend. Our team fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. For more information, please visit: Read more at

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