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Boomer Economy (Why middle-aged 'progressives' are stunting opportunity in Northern California)
Forbes ^ | 11/17/2009 | Joel Kotkin

Posted on 11/17/2009 1:08:48 PM PST by SeekAndFind

The road north across the Golden Gate leads to some of the prettiest counties in North America. Yet behind the lovely rolling hills, wineries, ranches and picturesque once-rural towns lies a demographic time bomb that neither political party is ready to address.

Paradise is having a problem with the evolving economy. A generational conflict is brewing, pitting the interests and predilections of well-heeled boomers against a growing, predominately Latino working class. And neither the emerging "progressive" politics nor laissez-faire conservatism is offering much in the way of a solution.

These northern California counties--which include Sonoma, Napa, Solano and Marin--have become beacons for middle- and upper-class residents from the Bay Area. These generally liberal people came in part to enjoy the lifestyle of this mild, bucolic region, and many have little interest in changing it.

"The yuppies have insulated themselves here for the long term," notes Robert Eyler, a director at the Center for Regional Economic Analysis at Sonoma State University. "The boomers have blocked everyone else different in age and skill from rising up and making their place."

Nowhere is this more evident than in the "green," anti-growth movement so prevalent in these places. Strong restrictions of business growth, bolstered by California's draconian land-use regulations, have turned these areas into business no-go zones. This has become increasingly clear after the collapse of the real estate boom, which created thousands of jobs for agents, mortgage brokers and construction workers.

Hard times have come to paradise. Unemployment in Sonoma now tops 10%, up from barely 3% two years ago, notes Eyler. The rate is slightly higher in neighboring Solano County. Across the region, vacancy rates for offices and other commercial buildings have reached as high as 30%. Overall, by some estimates, the vacancy rate is higher in Sonoma than in Detroit.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Editorial; News/Current Events; US: California
KEYWORDS: california; economy; growth; recession
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1 posted on 11/17/2009 1:08:48 PM PST by SeekAndFind
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To: SeekAndFind

anti-sprawleism is the leftist, faux-conservationist lexicon of the establishment Ayatullahs; it’s naked self-interest masquerading up in green clothes.


2 posted on 11/17/2009 1:14:47 PM PST by gaijin
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To: gaijin

This paragraph in the article says it all :

California’s high-tech greens may talk a liberal streak in terms of diversity and social justice, but their prescriptions offer little for those who would like to build a career and raise a family in 21st century California. Their policies in terms of land use regulation and greenhouse gas emissions will make it even harder for existing factories, warehouses, homebuilders and other traditional employers of the middle- or working class. In effect, the progressives have become regressives.


3 posted on 11/17/2009 1:21:02 PM PST by SeekAndFind (wH)
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To: All

I have personal knowledge of several (excellent) companies (research, development, manufacturing) that left that area to either others States, Canada, or Asia; just packed it all up and left!
Of course, I did the same :-)


4 posted on 11/17/2009 1:24:42 PM PST by elpinta (Change: check. Hope: not so much.)
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To: SeekAndFind

White rulers with a Mestizo underclass, intense regulation and monopolies. How is California different from Mexico? I’m having a hard time imagining the Sane students graduating from UCLA,Stanford and Berkley staying in California.


5 posted on 11/17/2009 1:25:47 PM PST by John Will
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To: SeekAndFind
I live in Napa County and there's no "green" industry anywhere in sight. Unless, of course, you count a motel named "Gaia."

The whole notion of 'green industry' is a liberal wet-dream. One company I know of in Solano County assembles solar panels shipped in from China. Even that company is 100% based on government subsidies. Once that money runs out, those jobs will be gone.

I have no idea what this author is talking about.

6 posted on 11/17/2009 1:26:38 PM PST by Grim (I'M VOTING FOR SARAH.)
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To: gaijin

reminds me of the saying...a developer is someone who want to build a house in the woods - an environmentalist is someone who HAS a house in the woods.


7 posted on 11/17/2009 1:27:57 PM PST by BookmanTheJanitor
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To: John Will

I am beginning to understand how the French and Russian revolutions happened.


8 posted on 11/17/2009 1:28:02 PM PST by Niuhuru (The Internet is the digital AIDS; adapting and successfully destroying the MSM host.)
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To: Grim

“Nowhere is this more evident than in the “green,” anti-growth movement so prevalent in these places. Strong restrictions of business growth, bolstered by California’s draconian land-use regulations, have turned these areas into business no-go zones. This has become increasingly clear after the collapse of the real estate boom, which created thousands of jobs for agents, mortgage brokers and construction workers.”

Thank you! I used to work for a developer that unfortunately bought into the sustainable development policies. Ugh. So frustrating.


9 posted on 11/17/2009 1:29:23 PM PST by BenKenobi
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To: SeekAndFind

How is this different than the demographic shift in Orange county in the 1980’s 1990’s, besides the political predilections of the well heeled establishment?


10 posted on 11/17/2009 1:32:22 PM PST by JerseyHighlander
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To: SeekAndFind

bump


11 posted on 11/17/2009 1:40:32 PM PST by dangerdoc
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To: gaijin

My favorite definition of an environmentalist is “someone who finally got HIS cabin in the woods!”


12 posted on 11/17/2009 1:43:17 PM PST by coydog (Time to feed the pigs!)
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To: Grim

I may have seen the anouncement of closure in the news this week.


13 posted on 11/17/2009 1:47:34 PM PST by dangerdoc
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To: BenKenobi
Ugh. So frustrating.

There is almost unlimited housing available for first time buyers in California and an easy solution to the problems outlined.

STEP 1: Deport the aliens back to Mexico.
STEP 2: Rehab their houses.
STEP 3: Sell these rehabilitated domiciles to young couples.

It's a win-win formula. Gentrification is allowed to prevail, protecting this state from third world parasites, and those who are willing to earn a seat on the upward mobility express would have an entry level niche in a former third world ghetto. East LA, Modesto, West Sacramento and East Palo Alto could rise from the ashes.

14 posted on 11/17/2009 1:59:38 PM PST by Amerigomag
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To: SeekAndFind
Applies to other areas (namely the Sierra foothills) as well. Can't cut timber. Can't mine gold. Can't mine aggregate. Can't raise cattle.

Vineyards OK. Pricey real estate OK. Low-wage tourism jobs OK. Assisted-living facility work OK.

15 posted on 11/17/2009 2:01:16 PM PST by GVnana ("Obama is incredibly naive and grossly egotistical." Sarkozy)
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To: SeekAndFind
How is this attitude different from objecting to having government impose "affordable housing" in the middle of a high end real estate? Such mandates amount to the government "taking" private property value without just compensation in the name of "social justice". Throwing a turd on the banquet table tends to drive away the dinner guests. Personally, I prefer to see property values protected so that there is a nice place to go when you've earned a place there.
16 posted on 11/17/2009 2:02:50 PM PST by Myrddin
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To: Amerigomag

Yeah sustainable development is a huge problem. I don’t have a problem with sprawl. Sprawl is a quintessionally ‘American’ desire for freedom.


17 posted on 11/17/2009 2:13:47 PM PST by BenKenobi
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To: SeekAndFind

A generational conflict is brewing, pitting the interests and predilections of well-heeled boomers against a growing, predominately Latino working class.
These generally liberal people came in part to enjoy the lifestyle of this mild, bucolic region, and many have little interest in changing it.

I guess it’s like the song says....they love Gays and Blacks and Latinos, as long as they don’t move next door...


18 posted on 11/17/2009 2:18:32 PM PST by Buckeye McFrog
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To: SeekAndFind

just the briefest contemplation of the term Progressive Luddite makes my head start to hurt...


19 posted on 11/17/2009 2:21:26 PM PST by Buckeye McFrog
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To: SeekAndFind

“...progressives are stunting opportunity...”

Correction: “...communists are building their dachas in anticipation of installing the revolution...”

IMHO


20 posted on 11/17/2009 2:26:49 PM PST by ripley
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