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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Land Shark who wrote (934003)5/8/2016 12:44:20 PM
From: longnshort  Respond to of 1578105
 
you can't ? people don't but things to live?



To: Land Shark who wrote (934003)5/8/2016 12:47:08 PM
From: longnshort2 Recommendations

Recommended By
locogringo
TideGlider

  Respond to of 1578105
 
Jamba Juice will move headquarters from Bay Area to Texas calif becoming a third world country

He noted the lack of income tax in Texas gives workers moving to the state a raise without an actual increase in salary, which could appeal to the companies that cite rising labor costs when they move.

The Lone Star State appears to welcome the newcomers, and Jamba Juice is receiving grants from both the city of Frisco and the Texas Enterprise Fund. "Another California company is moving to North Texas," wrote the Dallas Morning News after the announcement.

But the move fuels a growing debate about whether California's regulation-heavy approach to business could hurt a state that already suffers from a high cost of living, George Avalos of the San Jose Mercury News warned.

San Francisco renters face the highest prices in the country: two-bedroom apartment goes for $4,690, according to Apartmentlist.com. In a recent survey one-third of Bay Area residents said they are likely to leave the region in the next few years over its lack of affordability, CNN Money reported. A quarter of those polled identified the city’s cost of living as its most serious problem.

Many California restaurants are struggling as labor costs rise, and if they cannot either pass on the costs or creatively re-franchise enough to cover the change, they might move to a state where the cost of operating or labor is cheaper.

"You're seeing them re-franchise in order to have a lower cost and a more predictable operating model,” Nick Setyan, a senior official in equity research at Wedbush Securities, told the Los Angeles Times. “If you're trying to cut costs, then you have to look at it across the entire business and look at your headquarters. If that results in lower costs, that's always on the table.”