Sunday, November 24, 2013

In U.S job growth Florida leads the way follow by California.

In U.S job growth Florida leads the way follow by California.Governor Rick Scott of Florida seems to be doing a very good job and maybe that's why Florida is leading the nation in job creation.Scott has been cutting taxes and limiting spending maybe that's why in beginning of his administration he wasn't popular and although he is a Republican he did angey some in Right by accepting the Federal increase in medicaid because federal will pick all cost in the first three years then it's 90 percent of the cost the Feds will pick up,so in a way,it's good business to have expansion of medicaid the problem for Scott is at first he said he'll would refuse the program.
California was number two in job growth going against what Brit on Fox Business News has stated that California is economy wasteland,maybe not so the Golden State,no matter what Englishman says still seems golden.
Heard,a real estate maven(Yiddish for expect) on Bloomberg T.V last week saying coasts(New York and California) are strong and loves Texas and Florida looking good because jobs are coming back and they have good governor.Ask where market is weak or uncertain,he say the Midwest except surprising Michigan,even Detroit,if you can believe that,he like Ann Arbor in particular because of their high tech industry and academic center and those two often go together.
Ask for New York's in coming Commie mayor would hurt real estate there? He said,for commercial real estate it would but not for residential because much foreign money comes into Manhattan real  estate,and this is hard to believe but Manhattan compare to London is cheap!

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