Thoughts about US and Global real estate market, creative market analysis/forecast/outlook, investment tip for Austin Tx, San Francisco, Manhattan and Zihuatanejo Mexico,,,,
Thursday, 9 July 2009
Who Killed California's Economy?
Very interesting article by Joel Kotlin at Forbes.com "Who Killed California's Economy?" and I tend to agree with his point of view. Otherwise California will turn out to be land of extreme rich (who does not pay much tax), liberal elite and those who service rich and elites.....
Usual suspects are:
1. Arnold Schwarzenegger 2. The Public Sector 3. The Environment 4. The Business Community 5. Californians
Gen is the Founder/Principal of Oyster Real Estate Investments, Inc., a San Francisco-based real estate investment consulting company, serving clients in Japan and United States. He is currently focusing on clients’ real estate investments in Austin, Texas and Zihuatanejo, Mexico. Gen has managed 250+ property transactions/consultations in Austin, Manhattan and San Francisco and is skilled in finding below-fair-market-value, no-qualifying-seller-financing and bulk(package)-purchase discount properties.
He also writes a very popular blog in Japanese about real estate investing in USA and Mexico: http://blogs.yahoo.co.jp/sfscottiedog. Prior to founding Oyster Real Estate Investments, Inc., Gen held senior management positions in various large corporations: McCann-Erickson (Tokyo and San Francisco)- Account Supervisor; Levi Strauss & Co (Asia-Pacific)- Consumer Marketing Manager; Yahoo! Inc.(Sunnyvale)- Senior Director of International Sales and Marketing.
Gen Shibayama and his wife own and manage approximately 50 properties (100 units) in Austin, Manhattan and San Francisco.