I feel as though we are on the verge of a mass-migration.
This migration is going to consist of people who have stopped being upwardly mobile that feel as though the dam is cracking and its time to go.
The change in thinking is in large part thanks to the Great Recession.
We now have downsized incomes, downsized credit lines and meanwhile local governments keep raising the ante.
Of course people with children want their schools to be the best.
And it turns out that people with children end up taking the political reigns of their communities.
And, people with children can always justify spending money when it benefits the children.
This includes having state of the art facilities, top-notch teachers and environments that are intended to replace the nurturing that they themselves continuosly fail to provide their children.
I don’t blame the children.
Collectively we do need to provide great opportunity for all children and also care for each and every one of them no matter what their individual “issue” may be.
And, no matter what the cost!
Which is why people with children will tend to migrate towards these high tax areas in order to give their children everything that they deserve; which they do! Willingly!
This migration in turn drives up the taxes in those areas even more and then the ante goes up once again.
And as the ante goes up, people will fold.
When I fold I’m going to go where the land is cheap, the taxes are low and thanks to technology, where I can still get every television channel and a cell phone signal and where I can do all of my shopping via the Internet with next day delivery.
Why don’t I go now?
Because my son is still in school.