Calif. the world’s fifth largest economy? Look out, Britain

Discussion in 'Economics' started by dealmaker, Jul 17, 2017.

  1. dealmaker

    dealmaker

    Calif. the world’s fifth largest economy? Look out, Britain
    Frustrated about unaffordable housing or clogged freeways? Think of it as the price you pay for living in one of the world’s largest economies. California’s economy ranked sixth in the world in 2016, according to rankings released by Palo Alto economist Stephen Levy. California’s economy is growing so quickly that Levy thinks the state will overtake the United Kingdom this year for No. 5.(Standard-Examiner)
     
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  2. dealmaker

    dealmaker

    Caltrans begins modifying roads for self-driving cars
    In yet another sign of the rapid advance of self-driving technology, California has already started adapting roads for autonomous vehicles, a new report says. Because autonomous and semi-autonomous cars use cameras to “see” road markings, those markings are being changed, Caltrans director Malcolm Dougherty told KPCC Southern California Public Radio. (Silicon Beat)
     
  3. dealmaker

    dealmaker

  4. maxpi

    maxpi

    Housing is cheap if you don't need to commute to some industrial center.
     
  5. Sig

    Sig

    Relatively. While Antioch is far cheaper than San Francisco, for example, it's still well above average prices in the rest of the country. After living in CA long enough you start to think anything sub $500k for a house with a yard is "cheap"!
     
  6. ironchef

    ironchef

    According to CoreLogic, median home price in the city of Landers in San Bernardino County was $95K, Newberry Springs, $65K, Don't need to be a millionaire to live there but of course you have a 2 hours commute to downtown LA.
     
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