Why Arizona Is Becoming A Hotbed For Tech

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3 жыл бұрын

Arizona has rapidly become an epicenter for electric vehicle and self-driving tech, and it’s now the site of three big new semiconductor factories as the U.S. struggles to increase production during the global chip shortage.
The Arizona Commerce Authority says it helped 634 companies relocate or expand in Arizona between 2015 and 2020. Big names include Intel, Taiwan Semiconductor Manufacturing Co. and electric vehicle companies Lucid Motors, ElectraMeccanica, Nikola and Atlis Motor Vehicles.
In 2020, Phoenix attracted more residents than any other U.S. city for the fourth year in a row, as highly skilled remote workers flocked to the lower cost of living and wide open spaces of the Grand Canyon State.
Watch the video to hear from Gov. Doug Ducey, big companies, and Arizonans about why the tech boom is happening and how it’s changing the state.
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Why Arizona Is Becoming A Hotbed For Tech

Пікірлер: 2 800

@4uanC 3 жыл бұрын

You guys missed a chance to call this video, "The Rise of Phoenix" -_-

@Otter-Destruction 3 жыл бұрын

They should replace the editor with you, serious missed opportunity!

@greg.anywhere 3 жыл бұрын

They should have 🤦🏾‍♂️🤦🏾‍♂️🤦🏾‍♂️

@SPECIALTRADER1 3 жыл бұрын

We are rising! Buildings popping up everywhere ..and downtown, love hanging off Roosevelt between 7th Street and Central 😎🌴🏜️🎉

@greg.anywhere 3 жыл бұрын

@@SPECIALTRADER1 Astra, the tallest building in the state will begin rising in downtown soon. Phase 1 will reach 535 feet with a shorter 400 tower next door for Phase 2. They will both be finished in 2023-2024 at latest. It's already been approved

@speeddemon0117 3 жыл бұрын

Phoenix Rising.

@mehrdadjimboudi2891 3 жыл бұрын

As a German, I only know Arizona for its iced tea

@Omar-em7rl 3 жыл бұрын

LMFAO as an American, i know Germany as the one that builds high quality cars, but when they break, the parts to fix them are overpriced to hell, a thermostat for an American car is like $4.99-$24.99, compared to a VW Jetta it's like $80+. infact, you can find 2010 German cars in the public junkyard already due to the high price of fixing them, exceeding the cost of the car itself trying to fix it.

@jarjarbinks6018 3 жыл бұрын

@@Omar-em7rl As an American I think german cars are cool. Sure parts can be expensive but the engineering tends to be more advanced than that of other cars so I assume that’s one of the reasons why

@patjuice8677 3 жыл бұрын

Went from iced tea to car parts

@lucash5446 3 жыл бұрын

I’ll take it

@mrvapor4791 3 жыл бұрын

Sprechen sie dork?

@CortezBumf 3 жыл бұрын

Insanely short-sighted to build semi conductor plants (being one of the most water intensive processes in the supply chain) in a drought stricken state that already has to fight for its water.

@philtorrez4198 2 жыл бұрын

I was born and raised in Tucson. I’m 30 years old. I’ve literally watched this area dry out before my eyes. I won’t be able to raise my kids here.

@charlessmyth 2 жыл бұрын

Growing cotton is worse. Destabilized the economy and politics of Syria, for example. That which is employed in the production of semiconductors, can be recycled.

@lollerskates1992 2 жыл бұрын

The groundwater in Tucson is actually already tainted too. Stuff from decades ago dumped into the ground is just hitting the water table.

@alfred1535 2 жыл бұрын

Lies all Lies

@patrickfitzgerald2861 2 жыл бұрын

@@charlessmyth Big Ag is wasting the most water by far on low value crops like cotton, wheat and alfalfa, and who in hell thought that growing walnuts in Arizona was a good idea?

@buddah13 3 жыл бұрын

Arizona's cost of living just sky rocketed, the divide here between the lower and upper classes are growing daily, rent and home prices have already tripled

@aznate27 3 жыл бұрын

I'm a Tucson native who also lived in Los Angeles and Phoenix. To see the changes happening here is pretty incredible! When I was in high school the metro Tucson population was over 500,000, now it's over a million. So far Tucson has managed to keep a good balance between small city feel with big city amenities, but that's quickly changing with rising home and rental prices that don't keep in step with what the average person makes in pay. Making homes and rents out of reach for those of us who are native.

@Bloodylaser 3 жыл бұрын

I’m from Maricopa County. But Downtown Tucson is quite nice.

@infini.tesimo 3 жыл бұрын

That's exactly why I left for Texas and soon in a couple years to Florida.

@stevedeleon8775 3 жыл бұрын

Native Arizona Here..Born 1959 & Live In Tucson..

@CompaDeArranke 3 жыл бұрын

Kingman born Arizonan but live in Yuma 🙂

@stevedeleon8775 3 жыл бұрын

@@CompaDeArranke Wow..Yuma is worse than Tucson in the Summer..Stay Cool Raul..

@ryanharris6555 3 жыл бұрын

The cost of living is skyrocketing here and I don’t understand how people can afford it. Rents are literally doubling in Tucson. If I hadn’t bought my house while prices were low I couldn’t afford to live here anymore.

@phuotnuocmychannel3021 3 жыл бұрын

Only housing prices and rent skyrocket. My sister just bought a home last year in Glendale with minimum wage and still live OK. Other like utility, food, gas insurance still low. Overall AZ is still more affordable. I bought a house in 2011 when home value here plummet now it tripples

@phuotnuocmychannel3021 3 жыл бұрын

@Marty Yo i paid it cash and no morgate payment for 10 years. Property tax here is low compared to other states. When you don’t have morgate, you live comfortably on $30k or $40k which is decent salary in AZ and have more time and budget for traveling which i want to spend time on

@sfrealestatedealmaker6001 3 жыл бұрын

@@phuotnuocmychannel3021 As values go up, taxes will also go up…

@phuotnuocmychannel3021 3 жыл бұрын

@@sfrealestatedealmaker6001 property tax in AZ still low man compared to other states. If you don’t have mortgate you live comfortably in AZ on minimum wage because cost of living here cheap

@jacksevert3099 3 жыл бұрын

Welcome to the rest of the country! From Florida to Georgia, Ohio to New England and beyond the housing as increased tenfold since the recession. It's called capitalism my friend!

@imenhashim6943 2 жыл бұрын

As someone living in arizona, not all of us are unhappy about the changes. i couldnt be more thrilled.

@orlanzo2621 2 жыл бұрын

Same here. I’m excited about the what’s going on.

@knightoftheislandcounter3330 2 жыл бұрын

Wait 20 years, you'll be California the way it is now.

@4uanC Жыл бұрын

I just love AZ regardless 😁

@wildlifewarrior2670 Жыл бұрын

I have stock in some of these companies

@justinclynes481 2 жыл бұрын

A guest on The Wall Street Journal Report spoke sometime last week about making over $631,000 in 4months with a capital of $100,000, which made me realize that as a beginner i have alot to learn, so please assist me with any pointers or tips that would help me make this much profit.

@anthonyszymon3032 2 жыл бұрын

seek the guidance of a professional.

@justinclynes481 2 жыл бұрын

I watch youtube videos and take courses, baby steps but it works for me.

@markharry8486 2 жыл бұрын

I’m a new investor as well and I use a broker Olivia Mary Schulz, she’s been guiding me with my investment since I began late Nov and I’ve been able to accrue a profit of $426,000 with a principal of $85,000

@anthonyszymon3032 2 жыл бұрын

that’s amazing

@aaroncecil5381 2 жыл бұрын

Wow I always wanted to invest with a professional but I never knew how to go about it please how do I reach Olivia Mary Schulz, and how does she help investors?

@princetandukar9290 3 жыл бұрын

Next week why Alaska is become the new Nevada

@brodriguez11000 3 жыл бұрын

Locate all the frozen food warehouses up there.

@doodsomething07 3 жыл бұрын

@@brodriguez11000 lol

@thekingofthisworld2154 3 жыл бұрын

No. It won’t happen. Dunleavy is a bit of a joke. More people are moving out of Anchorage than in. They cut university funding by 40% a couple of years ago to preserve the PFD. That should say something about the revenue stream.

@joshuahernandez3216 3 жыл бұрын

hahahahahahahahahahahahahaha

@philliplord6332 3 жыл бұрын

There is so much space in Alaska - I doubt that will happen in the next 30 years.

@arislopes1924 3 жыл бұрын

All fun & games until locals are being forced out cause of a new housing crisis

@esb9814 3 жыл бұрын

housing crisis?

@cleanuptomcat2 3 жыл бұрын

You can thank the federal reserve for easy money policy letting hedge funds and rich investors borrowing at 0% raising the costs of real estate and goods.

@arislopes1924 3 жыл бұрын

@@esb9814 ppl from other places with deep pockets out buying everything from locals, forcing them out of their own city, happens all the time in here in Miami

@worldunfolds 3 жыл бұрын

And then the tent cities and on to the next “new California” “tech oasis”

@nonobrochacho240 3 жыл бұрын

@@worldunfolds the climate prevents tent cities. If you’re in a tent city in Arizona, you’re at the end of the road. It’s over 90 degrees most of the year.

@njosephg 3 жыл бұрын

I grew up with Chris Barker, haven't spoke to you in years bud, but I'm so glad to see you and your family are doing well!

@bjjb5059 3 жыл бұрын

10-15 years ago it was a decent place to live with few concerns, these days it feels like a hell hole, much luck to all of you that feel otherwise.

@philtorrez4198 2 жыл бұрын

I was born in Tucson in 91. I completely agree. People need to stop coming here.

@vooteimer1234 3 жыл бұрын

CNBC after the water runs out: "The Fall of Arizona"

@sketcharmstrong8491 3 жыл бұрын

Yep my thoughts exactly....

@shenghuang9861 3 жыл бұрын

same with California. California used to rely on snow melt to refill the aquafer, but that will be gone within the decade. Most mountain lakes are between 30-50% of capacity. Arizona doesn't even have that. When the Arizona aquafer is gone its gone. It took thousands of years to fill up.

@davewolf4017 3 жыл бұрын

It will never run out, desalination from ocean water very soon. Huge advancements in this technology is happening.

@nuterra9143 3 жыл бұрын

Pull water from the air. Some houses in Arizona already have machines for it. This coming from some one in Arizona.

@nothingisawesome 3 жыл бұрын

@@shenghuang9861 this is wrong. go research AZ water supply before you comment like you know something about it.

@EyesOfByes 3 жыл бұрын

I've been wondering this, so thanks for making this. Since chip-making requires insane amounts of water, Arizona seems like an odd choice

@acommentator69 3 жыл бұрын

I think they use recycled wastewater

@JogBird 3 жыл бұрын

people dont really need water

@CrimeVictimsProtection 3 жыл бұрын

No it’s perfect because of the underground auquifer

@shadsalah3346 3 жыл бұрын

why does it need so much water?

@HexaSquirrel 3 жыл бұрын

Low tax, lower salaries/ living costs and huge tax incentives. Nonetheless. The vast water usage semiconductor manufacturing requires, still makes AZ a bizarre choice.

@ArpitKhadserocks10000 2 жыл бұрын

Proud to be born in AZ!! 🌵

@jm-bv1wh Жыл бұрын

As if you had any choice in the matter.

@ethaneditz-c1j 3 жыл бұрын

I’ve lived in Arizona my whole life, 27 years. I can definitely see how much it is has changed and grown since then. Especially the housing market! It’s insane!

@stevenlau7921 3 жыл бұрын

All the Californians going to vote “vokE, Az will soon be like Californiacate AZ. Otherwise you have to move again!

@earth.planet8860 2 жыл бұрын

@@stevenlau7921 better than being Alabama, Mississippi, west Virginia , Oklahoma..... poor conservative garbage of states ..Arizona is growing because of diversification and tech transfer from areas like California and brings with them highly educated skilled workers...

@travelator3035 3 жыл бұрын

Fun Fact: If it weren't for air conditioning, Arizona wouldn't be the state it is today.

@drawcoder 3 жыл бұрын

Willis Carrier is a superhero to Arizona.

@jbar_85 3 жыл бұрын

Sounds like south Florida- except we have humidity lol!

@Anomize23 3 жыл бұрын

Ac? Pssh Its dry you dont need it. Humidity?? That’s another level

@chiefdan07 3 жыл бұрын

Ever heard of a fan 💨 and a spray water 💦? 😂

@russellscott81299 3 жыл бұрын

Ive lived in Gilbert AZ for 35 yrs. Was super beautiful and affordable. Now its full of crime, pollution, traffic and that heat certainly wears on you. Coupled with a corrupt legal system...id never go back.

@gg3675 3 жыл бұрын

"Everybody knows the five Cs of Arizona." I'm from Arizona and had no idea wtf he was talking about xD

@mindibear 3 жыл бұрын

Me too.

@carlosalba9690 3 жыл бұрын

He’s trying to make it a thing LOL

@drawcoder 3 жыл бұрын

Yeah just a campaign pitch. Ducey sucks with his overemphasized midwest accent. "BRINGING JABS". No not a punch, a job. Finally rid of the douchey in 2022 which is nice. The future is bright in Arizona with Tea Party Koch boy Dark Money Ducey out.

@ledbelied5771 3 жыл бұрын

I learned about it in school about 10 years ago

@billybuckles5273 3 жыл бұрын

Yeah citrus isn't even a thing here anymore. They sold out to housing. The last AZ citrus processor closed down years ago. Mainly we allow Saudi Arabia to use our groundwater to grow crops that get shipped to Saudi Arabia because they depleted all of their groundwater supply. 20 years from now phoenix will look like detroit when the water runs out.

@jackofalltrades7417 3 жыл бұрын

Loop 303 was a 2-lane dirt road not long ago, now its a 4 lane highway either direction, PhX metro has exploded very quick.

@fuegoyferrari6284 2 жыл бұрын

Parts of the 303 are 6 lanes. its been exploding the past few years. That's where TSMC is going to be build at.

@MaxTheDestroyer707 3 жыл бұрын

The reason arizona is popping for tech is because it’s literally a barren desert for most of its size & has low natural disasters compared to CA, TX, FL etc..and leans is cheap and plentiful. It also helps that Phoenix metro is a quick drive to LA & the coasts.

@yen7705 3 жыл бұрын

'quick drive'

@filthyfrankblack4067 3 жыл бұрын

@@yen7705 Right more like 12hrs. Thats not quick.

@AD-nu4ef 3 жыл бұрын

@@filthyfrankblack4067Phoenix is only a 6-hour drive to LA, not 12..

@TrollMeister_ 3 жыл бұрын

It doesn’t hurt that Arizona so far is still a Republican state with low taxes and business friendly environment, unlike the shithole state next door.

@aliciafaulkner416 3 жыл бұрын

Just did a quick Zillow check, comparable houses in Phoenix is about 40% lower than in Southern California. But their average income is about the same ratio of it in SoCal, which makes it not any more affordable.

@dave29123 3 жыл бұрын

14:20 "The Colorado River sometimes doesn't even make it to the ocean because it's all used, every drop of it." It's so sad that he sounds actually proud of this.

@deedeew4040 3 жыл бұрын

He thinks along the lines of Trump, catches flies and tears their wings off and watches them try to fly.

@russellscott81299 3 жыл бұрын

I watched a documentary a year ago where to environmental engineers followed the river, it doesnt make it to the ocean per their findings.

@jacksevert3099 3 жыл бұрын

To be fair the river hasn't reached the ocean in like a decade now and the fact it's not worse than it could be is good sign I guess

@thatdude123 3 жыл бұрын

@@deedeew4040 What tf does that have to do with Trump? You guys always want to bring up Trump but don't care about the actual topic at hand.

@a.barker7792 3 жыл бұрын

Then recycle it. Have to start somewhere. Pump salt water in. And use reverse osmosis pump it by using solar in the day and when it trickles down that as water battery. The entire west needs water. Something needs to be done on a huge scale. not little thinking big ideas.

@abigbagofice5460 3 жыл бұрын

the summers are brutal, not that fun when its 110 everyday for like three months

@theuberman7170 3 жыл бұрын

@nicolea8205 3 жыл бұрын

The summers are what I can’t handle anymore

@aop2182 3 жыл бұрын

aside from the 4 months the rest is awesome weather..

@jbar_85 3 жыл бұрын

I feel you! It’s hot and humid in south Florida 10 months a year- gross!

@stephenkelly2648 3 жыл бұрын

Done it for 27 years, at least it's not humid like Florida. It doesn't gret easier though haha

@zebposada 3 жыл бұрын

Loving CNBC's mini documentarias, so on point and informative!

@TheLegendaryLinx 3 жыл бұрын

This is great news!! As a California native, Im so happy to see so many people leave, it brings tears to my eyes! I was always wondered why tech companies felt like they needed to be in NorCal, it just drove me nuts!! Cant go anywhere without long lines and no parking! I hope other States like Idaho, Montana, No & So Dakota will become next Hotbeds. Spread it out!!

@Cahluvca 3 жыл бұрын

California major metro areas will still be overcrowded, its just certain demographic move out BUT being overpopulated for so long it wont make much of a difference

@TheLegendaryLinx 3 жыл бұрын

@@Cahluvca Ive seen a significant change in the Bay Area, people are moving out of San Francisco & Oakland. Why pay $3000 for a one bedroom if the place is harboring homeless tent camps? That may change when this thing blows over, but for now massive crowds dissipated.

@saksit247 2 жыл бұрын

I was always wondered why tech companies felt like they needed to be in NorCal.....people in the same industry like to be close together (i.e. Detroit back in the days for cars, Bankers in NY, Showbiz in Hollywood). The early tech guys came from and rectuited people from Stanford and Berkeley. More talent in the Bay area. That is why they have not left. If other States can offer the same level of educated workforce they would explore those options. If you recall a few years back Amazon was looking to build their HQ2. They wanted tax breaks but the State of NY refused. People got upset because it was going to cause the State jobs. In the end, Amazon opened in NYV anyway (Queens but soon moving into Manhattan). Why? Because of the talent they can recruit and the lifestyle they can offer those soon to be well paid recruit. They could have saved billions had they gone to, say, Nebraska, but the peopl they will hire will not be the same. Nothing against Nebraska, I am sure it is a nice place, but for a profit driven competitive company they always look for and will go to where the talent is.

@DrJohnnyJ 2 жыл бұрын

@@saksit247 Andrew Yang toured the country trying to start innovation hubs. No success. Look at West Virgina. They won't let go of coal and protect pollution. They could do well in so many modern fields.

@trans-octopusspacealien8883 2 жыл бұрын

NO! NO! NO! I'm SICK of people spreading out! Stay in your hellhole cities and leave me alone!!! I'm sick of increased traffic due to pompous out of staters moving to my area in endless hordes. Stay put!

@rotmage 3 жыл бұрын

I've lived in Arizona for over 15 years. I'm 26, and I grew up here. Everyone moving here is pushing a lot of AZ natives from there homes and driving up rental prices. It's a mess :D also we are going to run out of water if we keep expanding so that's cool too

@ramonaof12thdimension13 3 жыл бұрын

Yuuuup

@calientecafe 3 жыл бұрын

Factzzzz

@TheOMGPudding 3 жыл бұрын

If we just built more housing we could enjoy our new neighbors without pricing going insane!

@thomervin7450 3 жыл бұрын

@@TheOMGPudding Forgot the water part!

@Menga213 3 жыл бұрын

I wonder what Native Indians thought when they lost there land

@romancorey6796 3 жыл бұрын

The boom here is incredible. I've seen more growth and development in the past 3 years than I have in my whole life. It's getting crazy,

@3000MrGian 3 жыл бұрын

And more liberal

@Omen465 3 жыл бұрын

@@3000MrGian yeah, not everyone wants to live in the 1800s anymore.

@filthyfrankblack4067 3 жыл бұрын

Right those stack and pack are being thrown together in months time. It used to take them years to build apartments. Those Biden bucks at work and all the money and contracts that where signed years ago are finally coming into affect. Watching them knock down a school to build housing for college students was weird.

@dayoungstunnaa24 3 жыл бұрын

You should come to Nashville then

@ruspotter2037 2 жыл бұрын

What happens when your taps run dry

@chickendog3042 3 жыл бұрын

as someone who lives in az and was born and grow up here, We need to do something about our education system. we are commonly ranked 49th out of 50 in education. I hope this means that our kids actually get an education now rather than the mandatory prison sentence it was before.

@shadsluiter 3 жыл бұрын

They mentioned "Arizona's three universities". They should add a fourth. Grand Canyon University now has about 25,000 students on campus with a variety of programs including tech and engineering.

@andrewwinkenwerder5258 3 жыл бұрын

After seeing what the tech industry did to cost of living in California I really don’t know if I would be that excited about it coming to my state. It’s a hard trade off. Most of those jobs won’t be going to locals.

@AlexCab_49 3 жыл бұрын

Yo check out what SpaceX is already doing to Austin.

@sfrealestatedealmaker6001 3 жыл бұрын

A sh*t storm of inflation is coming and Arizona locals have no idea… 🔥

@AlexCab_49 3 жыл бұрын

@@sfrealestatedealmaker6001 I'm guessing you're from the Bay Area so yea You're 100% right

@Cahluvca 3 жыл бұрын

Depends on how you look at it, if you are already in a house...you are good. If you are looking at it from a collective standpoint...many will be priced out of housing and decent rental locations.

@usaisnojoke 3 жыл бұрын

It's NOT going to help you in any way shape or form.

@jordanimatedstreaming 3 жыл бұрын

boom area in America just means more of the same toxic housing cost inflation for non-homeowners that occurs in every other modern boom town

@BigRedPower59 3 жыл бұрын

You only need to look at what happened in Williston, ND to see that’s true. Families who had lived there for generations were priced out of their homes in a matter of a few years.

@paxundpeace9970 3 жыл бұрын

True. Texans already start complaining

@TheMrgoodmanners 3 жыл бұрын

i just laugh when the same demographic that always screams capitalism to everyones faces is the same one that complains about its effects

@jacksevert3099 3 жыл бұрын

Welcome to capitalism my friend! Have you ever heard of Karl Marx? He thinks pretty similarly to you!

@ashleyhill6697 3 жыл бұрын

@@jacksevert3099 The boom of the 50s and 60s didn't cause the problems these booms cause. Maybe it's more than just capitalism.

@thelvadam2375 3 жыл бұрын

There is a fuckload amount of construction in the Phoenix Metro Area. From Mesa to Buckeye.

@oppenheim2 3 жыл бұрын

AZ is a great place to live, but, its manufacturing growth is due to the creativity and innovation in CA with its great research universities. CA creates billionaires by the week, while AZ services them.

@TrollMeister_ 3 жыл бұрын

CAs’s billionaires are moving out. No productive successful person wants to live in a Leftist sh**hole.

@miny7322 3 жыл бұрын

This is such an arrogant comment..

@jirislavicek9954 3 жыл бұрын

California is driving all businessmen and hard working people away. They are not welcome there. "Progressivists" want to create new socialist heaven on Earth there and all they need is more homeless, junkies and people on benefits. Crowd that is easily controlled and manipulated. Any sign of creavity and rational thinking is undesired (except activities that damage business) But most of ordinary people want to live with some dignity, not being bullied in a communist $hithole as My Music correctly calls it! That's why they are moving away. The only thing I can't understand is why the newcomers vote again for the same crowd that ruined California. They must be brainwashed beyond repair 👎👎👎

@oppenheim2 3 жыл бұрын

@@jirislavicek9954 CA, being the world’s 5th largest economy, with a $76B surplus during a world pandemic, and the world’s best public university system, only fools believe it’s anti business as it creates billionaires every week. Two immigrants just became billionaires by disrupting Wall Street, with the IPO of Robinhood. BTW, studies show the amount of people leaving CA is about the same, just less people moving to CA, but, the ones moving to CA are generally more highly educated and richer. Even British Royalty moved to SoCal. Most of the moving is within CA.

@jirislavicek9954 3 жыл бұрын

@@oppenheim2 Yes, California has the best universities, they have been building their reputation since before WWII. The problem is that universities have been hijacked by "progressives" and whilst they still produce world class scientists and research in many fields, they became world's leaders in political correctness and producing vast number of useless graduates. Freedom of speach and academic freedoms are gone. California also has the massive Silicon valley and Hollywood industries are there well rooted for decades. This system has huge inertia and always will be there in some form. People always will pay to live in Californian climate near the ocean. Also software and product development and trade are flexible industries in covid pandemic, working from home is an option for many workers so that left California relatively unaffected by the lockdown. It's not the case in physical manufacturing etc. California is great for the super wealthy (multinational companies) and the really poor. The average middle class, the base of every healthy society, is squeezed. Government does nothing to help them. As for British royals you mean Meghan and Harry? The moved there just to hide from British tabloids and to winge about racism in the UK.

@blakem.92 3 жыл бұрын

Moved to Arizona in 2018, now working for one of the mentioned tech companies. Cost of housing is lower, but so are wages. Taxes aren't significantly lower than anywhere else, so no net gain. Insurance and utilities increased because of bad drivers and climate. It's also missing any culture of a cosmopolitan city, so don't just look at what the big companies are doing.

@nicolea8205 3 жыл бұрын

Downtown Phoenix is one of the most boring downtowns for any big city. And. I’m saying this as a native

@nicholasloringrandle5262 3 жыл бұрын

Culturally boring!? Y'all never visited West Mesa or south Central? There's so much more to the Valley than Gilbert. Born/raised in the Dirty T. Moved north to get a job, like everyone else. Tried California. Made me appreciate AZ. Phoenix is a city of second chances. Where California scorned your audition or app pitch, Phoenix welcomes you with a 3a.m. burrito and a call center cubicle. I love this city. The weather is crap, but the ppl are real.

@basedoz5745 3 жыл бұрын

@@billiii711 yea, significantly cheaper property tax rates than Texas.

@LisaFaiss 3 жыл бұрын

I think Phoenix is geared towards outdoor activities. There’s good hiking all year round if you drive just a little way

@03focussvt943 3 жыл бұрын

Please leave.

@Connor_Herman 3 жыл бұрын

Arizona is extremely friendly from a regulatory standpoint. I worked at a blockchain related startup in Colorado and the Arizona Commerce Authority was offering us great incentives as well as a "blockchain sandbox" type of regulatory environment to try out really neat things if we relocated there. It wasn't enough to pull us away of course, but that's how you attract cutting edge businesses. It's no wonder it's booming.

@nomdeguerre7265 3 жыл бұрын

Ditto a lot of areas. One good example is starting a small food producing company. Other than a very simply obtained license there's literally no regulatory restrictions, none. You simply start production and see if anyone will buy your products. Literally no barriers to business development in that market sector on the production side at all. We've literally gotten rid of huge swaths of the regulatory state, and so far it's working great.

@yessirri686 3 жыл бұрын

As I've said before. Where ever techs go the cost of living will increase in that area that's what happened to California. You are seeing the result of what happens when the states is overrun with techs getting 6 figure salaries and real estate agents want to get more commission? Most wages won't be able to compete with tech wages 🤑

@bloodwargaming3662 2 жыл бұрын

Yeah that's the point and tech statically can't enroll thousands employees to benefit everyone it just can't this itself will create a humongous gao between even the middle class and lower middle class and poor

@danielmayorga4812 2 жыл бұрын

Very very informative in many aspects from high tech to human, politics /demographics in this amazing state of Arizona. !

@TacoAmigo777 3 жыл бұрын

As a resident of CG for about 18 years, the amount of wealth and people moving from out of the state because of Lucid and Nikola is absolutely wild. ADOT needs to hurry with expanding infrastructure before it overwhelms our freeways and highways more and more Edit: I did not realize AZ had a highly reliable electric grid. I’ve only experienced one power outage that lasted a couple minutes 8 or 9 years ago...

@thomasgrabkowski8283 3 жыл бұрын

Well Arizona is in the desert, it doesn't get huge storms that knock out power over a wide area unlike other states so reliability of their grid has natural advantage

@TacoAmigo777 3 жыл бұрын

@@thomasgrabkowski8283 I just now realized that, haha! Goes to show we have other more important issues, like our A/C units breaking or accidentally overheating our cars driving up slopes 😂

@nomdeguerre7265 3 жыл бұрын

Arizona has a very stable base load because it has one of the largest nuclear generating plants on Earth. On top of this it has easy access to abundant supplies of NG. A viable partisan political environment has kept Arizona investment in solar and wind rational and largely productive. Arizona also has a highly favorable environment for efficient production of solar power, which is helpful. While water is a challenge it can be met by increasing re-use of water, and area where Arizona has made great progress. For example the aforementioned nuclear power generation plant? It uses waste water and produces very clean water as an output. While nothing is perfect, Arizona is situated to become one of the major tech manufacturing areas in the USA, in large part because of very pro-business government policies that view business as a partner, not a cash cow or a threat.

@edwardnelson3413 3 жыл бұрын

As a proud Arizona resident, I would like to take the opportunity to thank the California leadership for pushing corporations out of California transplant to Arizona

@nomdeguerre7265 3 жыл бұрын

Nice of them to do that eh? It does wonders for one's real estate asset values!

@megax5000 Жыл бұрын

well you guys got some nice healthy growing pollution that those big mean californian regulations won't hurt anymore so there's that

@mogeking56 3 жыл бұрын

When water 💦 runs dry property values will hit rock bottom

@TheAlchemist1089 3 жыл бұрын

The California exodus will spring up multiple California-lites like Austin TX, Denver CO, Phoneix AZ, North Carolina, Miami FL, etc. Austin TX is already like a mini silicon valley (silly con valley)

@gibsonflyingv2820 3 жыл бұрын

Yeah!!! silly con valley!! I miss the old Texas that was dirt poor welfare queens living on meth and Mountain Dew until the grownups from blue states came and made you rubes a real city xD. Get real dude, without our tech and smarts y'all would have starved to death ages ago.

@TheAlchemist1089 3 жыл бұрын

@@gibsonflyingv2820 I can't tell if this was sarcasm. FYI I work on tech. I'm not talking about the industry here, nor the politics. Afaik Texas was and still is a rich state. And no tech people are not frickin Einstein's pls

@SA-hz1rs 3 жыл бұрын

Miami sucks So does Texas

@flash012234 2 жыл бұрын

@@TheAlchemist1089 Lets be honest bruv, Texas outside of a few large cities like Dallas, Austin, and Houston is the same as the rest of the bible belt.

@TheAlchemist1089 2 жыл бұрын

@@flash012234 can't disagree with that And Dallas will pretty much become little India in 5 years

@kevinmaxwell7761 3 жыл бұрын

I just left AZ. Housing is out of control and pay is subpar at best.

@stevenp.3018 3 жыл бұрын

Looking to move as well. Where did you relocate?

@knives01ng 3 жыл бұрын

I left at the end of 2019, I'll never go back to that dust bowl!

@kevinmaxwell7761 3 жыл бұрын

I ended up moving to Dallas, Texas. Similar in some ways, but the people are MUCH friendlier. 0% state income tax. Seems like my $$$ goes a little farther in Texas... I also considered Tampa, FL.

@jamescrud 3 жыл бұрын

Out of control housing costs are happening everywhere.

@SolidAir54321 3 жыл бұрын

Step 1: Fed prints money. Step 2: Banks and big corporations get the money. Step 3: Banks and big corporations buy real estate with the money, driving up the price of housing. Step 4: Economy stays bad so Fed decides it needs to print more money. Step 5: Repeat.

@azsparks1 3 жыл бұрын

Let’s not forget about the wonderful gentrification and rent hikes all over Phoenix and surrounding areas. The amenities (e.g. public transportation) didn’t change, just the price tag.

@stevenlau7921 3 жыл бұрын

Californians and liberals are coming!

@earth.planet8860 2 жыл бұрын

@@stevenlau7921 i like them , better than Alabama, Mississippi, Kentucky, those poor red states.....And phoenix has always been liberal...and the the Californians who are coming are mostly skilled ...so no worry...go live in west Virginia and work in those coal mines .

@YourMortgageGuyAZ 2 жыл бұрын

Wow! It’s crazy how fast Phoenix and the surrounding areas are growing!!

@derrickpatterson8534 3 жыл бұрын

Moved here recently from Wisconsin and love it! Just wish housing wasn’t so expensive and competitive so we could buy a home.

@stanbarrington9698 3 жыл бұрын

My mc mansion neighbor stays here only 3 months,then returns to WIS. His AC runs constantly $$$$$ ???????

@leonchambers7611 3 жыл бұрын

Why don’t do guys do Georgia and North Carolina next, they both growing fast because all the people from the New England states are moving there

@baronvonjo1929 3 жыл бұрын

Ik sure not as much. It they keep moving to SC as well. Everyone hates it. Literally so much deforestation to build horrible cheap identical suburbs. Many native SC people move to them of course. But yeah. To many people to fast is just 5o much crowding and the traffic. Lord.

@Csilva857 3 жыл бұрын

I'm from Boston and yep planning to move to Georgia also :)

@sunvegeta 3 жыл бұрын

Unfortunately, that is the trade off for Big Tech companies moving to a city near you....it brings higher housing prices!

@vitsadelhole 3 жыл бұрын

And higher paying jobs

@thejquinn 3 жыл бұрын

Actually the majority of the increases of housing costs is due to foreign investment since we are the most crony capitalist nation on the planet.

@vitsadelhole 3 жыл бұрын

@@thejquinn i would love to see a source for that seeing as we arent Vancouver Canada

@vitsadelhole 3 жыл бұрын

@@thejquinn how did your education system fail so badly they didn't even teach you how to cite properly or find an actual reliable source. you know this explains a lot about other comments iv seen of yours good lord you really are just special

@vitsadelhole 3 жыл бұрын

@@thejquinn literally the more i look at this blog you cited the more embarrassing it is like no one in their right mind would ever cite this as a source in anything at all I mean truly the logic here is baffling to me

@cupwave2 2 жыл бұрын

As an Arizonan, the way you pronounced Casa Grande killed me a little inside 😂

@sanelephants 3 жыл бұрын

Good episode, Helpful information.

@Dangic23 3 жыл бұрын

Tech hubs should be in cold places....not the desert. Easier to cool servers, saving $$$$

@vitsadelhole 3 жыл бұрын

Electricity costs and how easy it is to house and obtain skilled workers are more important than cooling

@esb9814 3 жыл бұрын

all these places have 10 million solar panels on the roof. arizona = best place in world for solar panels

@vitsadelhole 3 жыл бұрын

@@esb9814 they dont tho bc that's really bad for cooling something that's far more important to them than using solar

@ceberios 3 жыл бұрын

that is true and I feel like Oregon would better choice ( close to cali )

@vitsadelhole 3 жыл бұрын

@@ceberios increased taxes in more liberal states is a big big factor as well

@kylewollman2239 3 жыл бұрын

These videos always seem to do a good job of highlighting the good and bad surrounding each topic.

@jitlv 3 жыл бұрын

I can't live there, it's too damn hot in the summer.

@briannelson4246 3 жыл бұрын

It's only 120 degrees, and it's dry.

@jitlv 3 жыл бұрын

Lol. I know how dry heat feels like, still no.

@jasonmacaro4052 3 жыл бұрын

You get used to it and 7 months (at least) are beautiful

@Krazie-Ivan 3 жыл бұрын

@@briannelson4246 ...it's only dry April/May & half of June, after that it's sticky nearly every afternoon/eve till late Oct or Nov now (we hit 100 last Nov 6th).

@stanbarrington9698 3 жыл бұрын

Do you have AC??? Lol I commute on a motorcycle year round.I wear an ice vest and a vented jacket.My chest is ice cold after the “hot” 30 min ride home. Cover up when out in the sun.HUGE difference

@eyalreiss294 2 жыл бұрын

People from other states relocating for jobs Arizona live to work and provide for their families. There’s no way I could live In that heat. I was there for a month and covered in sweat. Where I live it’s usually 72 degrees in August. I quit my job when my company wanted to permanently relocated our department there. I don’t have children or a desire to have a huge home. I would rather live in my means and enjoy the outdoors.

@hijademictlan 3 жыл бұрын

Shout out to beautiful Flagstaff!!! ❤️🏔🌲 @7:50

@darthsirrius 3 жыл бұрын

When they said the Proving Grounds were in "remote desert regions," and I know that there's one like I'm a mile or two away from my house, made me laugh.

@drawcoder 3 жыл бұрын

At one time they were, no longer for sure.

@fupresti556 3 жыл бұрын

My home literally sits on the original GM Desert Proving grounds.

@donh5794 3 жыл бұрын

When I was visiting in California, I saw lots of real estate marketing ads from NV and AZ welcoming California.

@andieznutz6438 3 жыл бұрын

Born and raised seeing this growth is super crazy

@sarabeth8050 3 жыл бұрын

States that attract high tech companies turn very blue, very fast.

@opheliavalentine6058 3 жыл бұрын

Didn’t that happen to Portland and Seattle

@edmhie1 3 жыл бұрын

I think the real estate information was 8 years ago. I bought my house in 2009 at $235K. New homes being built around our area are priced between $600K - $800K. It has become very expensive to buy a house now.

@iconsumedmt1350 3 жыл бұрын

Then sell it for $$$

@edmhie1 2 жыл бұрын

@@iconsumedmt1350 If you don't have kids, it make sense.

@habibbialikafe339 3 жыл бұрын

this video basically summarized my experience in arizona. I was living in san francisco, going to school and about to start an internship there, when things went virtual. i decided to work remote from arizona while saving on rent but getting paid san francisco wages. on my way there, driving along the 10, i saw countless cargo trains hauling ridiculous amount of material into the state. i also saw wind turbines being moved on big trucks. when i arrived in the phoenix area, one of my roomates worked at intel, and another worked at what is now Raytheon Technologies. Another guy there was a gamer and he educated me on the world of semiconductors. There were also a few asian immigrants in my building, and when I went to parties, I saw a bunch of latinos with guns. Those rentable scooters were all over the place as well. The summer was hot, the roads were huge and wide, and i loved my time there. Very commercial city, not the type of authentic culture you would find in a place like el paso with mexicans, or in massachusetts with native americans, but a great experience nonetheless

@bellaleo104 3 жыл бұрын

You never visited Hopiland when you were there?

@elgoblino8885 3 жыл бұрын

stay in San Shitsisco

@habibbialikafe339 3 жыл бұрын

@@bellaleo104 what’s that?

@habibbialikafe339 3 жыл бұрын

@@elgoblino8885 ived lived in SF for a total of 8 months of my life dude. I’m not a Californian and prefer the low tax way of living in southern states. I just lived in Houston the past four months lol. I don’t like the ppl in SF either my guy, don’t be so confrontational

@user-vi4xy1jw7e 3 жыл бұрын

@@habibbialikafe339 why were you in Houston? Where were you originally from?

@suddhojitgon5929 3 жыл бұрын

Wonderful video. Lots of vital information.

@WaynoGur 3 жыл бұрын

The captioning is horrendously behind. Several times what audio I did hear was distorted. Water is critical to this state, and all the growth has now made water in Pima County where I live very very expensive. We are bracing for a 25% rate hike in July.

@GrantSR 3 жыл бұрын

Wait till you gotta order your water from Amazon.

@dlazo32696 3 жыл бұрын

LMFAO

@seagraverider 3 жыл бұрын

Arizona is gonna stay blue love it 🥰

@shane6860 3 жыл бұрын

I loved Arizona when I visited it was beautiful.

@taaaaaaay 3 жыл бұрын

Why did I just watch an ad for Arizona at 4 am in the morning

@jacksevert3099 3 жыл бұрын

I watched it because my tech company has an office there and I considered moving during the pandemic. And now I don't so bad ad

@QueenetBowie 3 жыл бұрын

I feel ya Arizonans. I live in a cheap low tax state where New Yorkers are flocking too, so I can relate to rising housing costs, rising cost of living, increasingly miserable traffic and the over development of previously pristine natural landscapes.

@user-et4wt5fz8t 3 жыл бұрын

it’s depressing

@ahadumer418 3 жыл бұрын

Yeah but if people from New York and California are moving to your state why is the rent so high

@TheDustysix 2 жыл бұрын

@@ahadumer418 Because they can afford to pay more, then the landlord(s) raise the price.

@earth.planet8860 2 жыл бұрын

if everybody wanted that, America would not be the largest economy in the world and the most powerful....as the world is heading for the sky , conservative are still in their little nostalgia of small village type life

@wjf5839 3 жыл бұрын

This is a Phoenix based video. The rest of us in AZ who don't live a mini-me Cali lifestyle of Phoenix are struggling to survive. AZ is a decent place to grow up and retire. The whole middle part of life in AZ is difficult.

@minjee9942 3 жыл бұрын

the only thing I know about arizona is that it has a great green tea

@thastayapongsak4422 3 жыл бұрын

Arizona won't be the semi conductor capital for atleast a few decades. That title belongs to Taiwan and will continue to belong to Taiwan in the next decades to come. Taiwanese chip makers are already producing new smaller semiconductors that is not mass produced anywhere else yet, and Taiwanese company still holds the majority of the market.

@KRYMauL 3 жыл бұрын

I think it's more about trying to bring back American manufacturing jobs and not making them becoming tech capitals. The news sensationalizes things.

@DhrubajyotiRaja01 3 жыл бұрын

Meanwhile China: Let me Steal Your Trade Secrets and Become the BOSS

@KRYMauL 3 жыл бұрын

@@DhrubajyotiRaja01 You mean like the West did for the past 500 years?

@Pyrrhic. 3 жыл бұрын

Also, semiconductor is being seen as part of national security, so Arizona will benefit from the national push for domestic semiconductor production

@hydrolifetech7911 3 жыл бұрын

@@DhrubajyotiRaja01 There is always that one Indian

@glennalexon1530 2 жыл бұрын

My second-favorite clip in this video is the little Solo trike on the highway trying to get up to 50 mph.

@mrvilla310 3 жыл бұрын

Why wouldn't I live Arizona? 120 degree days come to mind.

@lookItsJayden 3 жыл бұрын

I’ve lived in phoenix my whole life and the housing is out of control. It was cheap before but now that it’s expensive and I have to deal with the heat, why should I stay? When a townhouse rental is 2450$ I might as well move to California

@nomdeguerre7265 3 жыл бұрын

But if I have a home with a $500 mortgage payment and can rent it out for $2500, and the renter sees this as fantastic deal, my view of the situation is different.

@markryan8458 3 жыл бұрын

Saying that water from the Colorado river sometimes doesn’t reach the ocean like that’s a good thing and not a problem

@opheliavalentine6058 3 жыл бұрын

That’s cause so many states use it all up. Southern California and Nevada heavily rely on the Colorado river. The Phoenix and Tucson metro areas use a percentage of the Colorado River and the rest is from ground water and rivers such as the Salt river which are also drying up

@bocadelcieloplaya3852 3 жыл бұрын

just wait till 2025, the video will say: the colorado river sometimes doesn't reach arizona anymore

@sanpark4127 3 жыл бұрын

Thank you for your info

@tiennguyenvan4285 3 жыл бұрын

I was in this state in 2019, such a great 6 months there!

@Pyrrhic. 3 жыл бұрын

Cost of living is great in Arizona. But keep in mind, as the economy grows and further develops with high paid jobs. Cost of living will go up.

@MrJames1471 3 жыл бұрын

Indeed.

@basedoz5745 3 жыл бұрын

Arizona has a big advantage with its low property taxes compared to other growing states like Texas.

@thomasgrabkowski8283 3 жыл бұрын

@@basedoz5745 Arizona, unlike Texas is able to charge low property taxes because it, unlike Texas has income tax

@basedoz5745 3 жыл бұрын

@@thomasgrabkowski8283 But if you compare Phoenix to a city like Austin, the median home price by recent 2021 reports is $420k while Phoenix is at $360k. In Austin the property taxes are going to be over $8k per year. In Phoenix your property taxes would be less than $3k. To make up that 5K in property taxes you would have to make $150k just as a single filer to reach those AZ state income taxes.

@brandobee2264 3 жыл бұрын

*Bay Area Type Beat*

@Fanzindel 3 жыл бұрын

14:07 shows a full Lake Mead/Hoover Dam. In reality it’s at a historic low at the brink of a state of water shortage. What is this, propaganda?

@kmw4359 3 жыл бұрын

If the governor is part of the video, yes, you can bank on it being propaganda.

@Lakersfansince95 2 жыл бұрын

We are experiencing the same thing out here in Vegas. Used to be a very affordable place to live and now you can’t find a 1bd1ba apartment home in a nice area for less than $1400/month and that’s not including utilities. It’s getting crazy out here but I know that what goes up must come down! This boom won’t last forever and when it finally crashes everything will be reset again and as long as you have a job you will be fine.

@spacecoyote6646 3 жыл бұрын

I lived there. For 4 months out of the year you can't go outside, it is too hot

@Sub4CarClips 3 жыл бұрын

Unless you can stand it which I can

@theemaxwilson 3 жыл бұрын

“How is your relationship with Mexico?” lol

@t0n0k0 3 жыл бұрын

Priceless 🙂

@Gheorghe99 3 жыл бұрын

Gov. Ducey: Well, we invaded their land and declared it US territory in 1848, in 1912 we made it the 48th US State and we treat Mexicans like trash ever since. We call them aliens who do not belong here. Did I mentioned, we are building a fabulous, tremendous beautiful impenetrable wall? Big business: That sounds awesome! Where do I sign?

@tommyjuneau6329 3 жыл бұрын

@@Gheorghe99 I want to live where I don't constantly hear about it, because frankly I had nothing to do with it..peace

@Gheorghe99 3 жыл бұрын

@@tommyjuneau6329 - have you considered Iceland? 100% white population, 0% Mexicans!

@tommyjuneau6329 3 жыл бұрын

@@Gheorghe99 I think I know what you are getting at, and ultimately hope that isn't the solution to the massive problem going forward...but something will change that much I'm sure of

@bobwire3310 3 жыл бұрын

These biG tecH companies dont wanna Pay Taxes but you and I have to ...... "wAKE UP PEopLE".

@gloombastic 3 жыл бұрын

Yup that’s why they are flocking to Arizona because the corporate taxes are low. Something always suffers when the corporate taxes are low and in Arizona’s case they don’t take care of the poor.

@kvxtr 3 жыл бұрын

@@gloombasticys that is why companies are testing fully self drivable cars in the streets because they don't care who gets hit

@lembafranck3490 3 жыл бұрын

@@gloombastic they don't take care of infrastructure also this is very disturbing

@bocadelcieloplaya3852 3 жыл бұрын

@@gloombastic true...at least the AZ guv'ment admits corporations don't have to pay taxes...sum honestly is a refreshing change.

@jacksevert3099 3 жыл бұрын

And that's what we call capitalism. You a fan of Karl Marx?

@137bob3d 3 жыл бұрын

back in '84 my interview w/ Motorola my senior yr at UCCS w/ a EE degree did not lead to a job offer. regrettable at the time as i'd been to Phoenix and Flagstaff and liked the country. now though, many years later the regrets are a blessing in disguise. as Arizona is one of the last places i'd ever want to live given the summers becoming hotter than ever. Colorado is bearable in the summers only because the big mtn's are close enough for weekly camp trips

@MSneberger 3 жыл бұрын

Drive two hours north of Phoenix and you are at 7,000 feet of altitude (which means 21F cooler on average) filled with national forests for camping.

@baghlani92 3 жыл бұрын

Arizona deserves the best 🇺🇸🇸🇦🧡

@TheGomezIndustries 3 жыл бұрын

Enjoy it while it lasts. Greed will always win at the end.

@SynchroSk8 3 жыл бұрын

I relocated from Chicago to Phoenix twenty years ago. I am so glad I did. Love the Phoenix Valley.

@SynchroSk8 3 жыл бұрын

I can’t stand Governor Doug Ducey. Wish he wasn’t in this video.

@kushal4956 3 жыл бұрын

@@SynchroSk8 why?

@justrandomthings319 3 жыл бұрын

@@SynchroSk8 Why?

@imcarlosjr4898 3 жыл бұрын

@@SynchroSk8 then move back

@usaisnojoke 3 жыл бұрын

GO back to Chicago!

@UgonnaWachuku 2 жыл бұрын

I love ARIZONA, always. Abundant blessings; in wisdom, creativity, innovation, sustainable development, peace and healthy dimensions, abidingly. Thanks a trillion: CNBC, for this insightful documentary.

@hectorzc4672 3 жыл бұрын

I got 20 years Making PCB circuits and SMT thanks for the info

@ohsosaucy 3 жыл бұрын

I'm starting to wonder where isn't a hotbed for tech? A company can move and start from damn near anywhere

@arielleung3917 3 жыл бұрын

West Virginia can hope

@thejquinn 3 жыл бұрын

Well if the State doesn't have a decent broadband network/infrastructure then it isnt smart to set up a tech company there

@teemoleague907 3 жыл бұрын

It's a hotbed because California wanted to increase taxes to pay for there social programs. When arizona starts the same, people will flee.

@pilot88pro 3 жыл бұрын

california

@brodriguez11000 3 жыл бұрын

Hawaii.

@ggssssssss 3 жыл бұрын

People from Arizona thinking this state is a retirement state 😂😂 not anymore

@migooknamja 3 жыл бұрын

Looks like it is the most recent state for Democrats to take over and ruin. Has two Democrat senators and voted for Biden. It'll turn into California in no time; homelessness, high taxes, legalized weed, and social justice warriors. The border wall will be torn down, the border patrol will have no mission, and there will be no difference between Tuscon and Puerto Penasco.

@ggssssssss 3 жыл бұрын

@@migooknamja ok

@hiphipjorge5755 3 жыл бұрын

@@migooknamja you obviously don’t understand economic development and the convergence that is occurring between newly industrialised countries (Mexico, Thailand, Vietnam, Brazil, etc) and the developed world. And you obviously don’t understand that the prices would go up regardless of whether or not those new residents would vote for Democrats. It’s funny how people don’t understand the basic principle of supply and demand. Blame these companies for bringing in out of state workers and making your state more attractive to live. That’s what’s bringing in more people, which will inevitably drive up home costs

@migooknamja 3 жыл бұрын

@@hiphipjorge5755 companies and individuals go where they are treated best. If a state keeps raising taxes on companies and people, then eventually there will come a tipping point and people will leave. This is exactly what is happening in places like CA and NY where decades of Democrat rule, high taxes, and inefficient social programs have caused people to flee to red states like FL and TX. The sad thing is, many of these fleeing citizens are Democrats and will elect new democrats in these new states, which will subsequently be ruined in about 10 years' time

@joemann7971 3 жыл бұрын

Its still a retirement state... For Californians. Lol

@jesse7631 3 жыл бұрын

I'm glad I don't have to drive into Phoenix for work any more - the growth is really impacting traffic. I work for ADOT, and we're struggling to keep up the need for infrastructure.

@guthrie_the_wizard 3 жыл бұрын

Love these CNBC documentaries

@jamram9924 3 жыл бұрын

They need to look at the water supply. California has sucked the Colorado River dry and need to start importing water from the Pacific Ocean through desalination.

@nomdeguerre7265 3 жыл бұрын

California wastes too much of what they use. Their political disaster story has prevented any significant improvements in their water use infrastructure for decades. It's a self-inflicted disaster.

@3ladeRunner 3 жыл бұрын

@@nomdeguerre7265 lies, most our water is used for agriculture. Unless you’re saying that’s causing the waste. That’s true, we have too many water intensive crops.

@nomdeguerre7265 3 жыл бұрын

@@3ladeRunner There are ways to improve efficiency that can be applied.

@andz1995 3 жыл бұрын

I agree that the west coast needs a serious look into desalination but I would say the tens of millions of residents moving out west and building in low moisture climates, such as AZ, UT, CA, NV have all contributed to it at this point

@nativealien1859 3 жыл бұрын

So where are we going to get water from?

@mrpmj00 3 жыл бұрын

AMAZON: Yep, I bought a ton on the dip. Amazon invested $14 billion in the last quarter alone, the same as it spent in 6 months before that. It is a do not sell stock. ...With the Delta virus coming at full speed ahead, pandemic sales will make a comeback. Amazon is investing so much money, that no competitor will ever be able to catch up. Amazon's not going anywhere so I know that eventually it will come back. Fidelity considers Amazon as a large growth company (probably because as big as it is, it still only has 7% of the retail market) Get on board or be runover, it's up to you.

@benjaminw2194 2 жыл бұрын

I like how pro business they are. I just hope they consider environmental & housing sustainability with the same enthusiasm.

@MattyBlue 2 жыл бұрын

same

@mischievousamoeba 3 жыл бұрын

I went to Phoenix a couple years ago for work and I loved it.

@emilywafflesyay 3 жыл бұрын

i live in arizona and i didn’t know about ANY OF THIS and for every pro i heard, in my head, i went “yeah, but the HEAT”

@randydrake8108 3 жыл бұрын

Taxpayer money allocated for teachers salaries has been "confiscated" by Administrators.

@Lexman00 2 жыл бұрын

Public education is garbage, no surprise since it has no competition, so the less funding it gets the better. I just wish government would offer parents tax refunds so that they could send their kids to a school of THEIR CHOICE, and not a school of government's choice.

@Tom-xy9gb 3 жыл бұрын

Geez imagine moving to a state where it hits 100+ degrees majority of the year 🤒

@samuelisliving2952 3 жыл бұрын

That's AZ for ya bud. Been that way even before climate change

@LisaFaiss 3 жыл бұрын

It’s not over 100 majority out of year. It is closer to 4 months. I won’t lie, that can be tough. But so can 4 months of bitter cold and snow. Spring, fall, winter are beautiful here.

@chiefdan07 3 жыл бұрын

It’s hot but at least it’s not humidity hot

@nicolea8205 3 жыл бұрын

@@LisaFaiss we had like 50 days last year of 110 degree weather. I’ve lived in AZ my whole life and I just want to enjoy summers and not be depressed. Time to move

@LisaFaiss 3 жыл бұрын

@@nicolea8205 I’ve lived here since 1983. Last year was extremely tough.

@poestis474 3 жыл бұрын

THE E-SCOOTERS need more law enforcement, those scooterists are crazy! Go to downtown Mill Ave in Tempe, AZ on a Friday or Saturday night and prove me wrong. It's like that South Park episode with Mr. Mackey.