California is a hot place to go to. There are so many people moving to California, though there are not enough places to live. At the same time, a lot of the people who grew up in California are not able to buy homes or to afford the cost of living in the states. Many of these people are millennials. This is not a good thing because the youth is the future of California.
Beyond the homes and the massive amounts of wealth that exist in California, there is also a lot of poverty. California actually has the highest poverty rate in the United States of America. There are communities of people who live in their vehicles. This is a great juxtaposition to the fact that the state of California has the highest per capita income, has low unemployment and has a good flow of tax revenue coming in.
There has been a bill passed to encourage the building of lower- and middle-class housing developments. This bill indirectly encourages such a thing, because it would be very hard, if not impossible, at the moment to pass a program that would directly pay for such housing developments.
Nick Vertucci is a real estate investor in Orange, California. He is the CEO and founder of The Nick Vertucci Companies, Inc, which is located in Irvine, California. He specializes in properties owned by banks. Before becoming a professional real estate investor, he was the President, CEO and founder of Coastline Micro. Coastline Micro was a company that provided computer systems to businesses. Nick Vertucci is no longer involved in the day-to-day comings and goings of the company, but he still has owner interests in the company. He spends time mentoring novice and veteran real estate agents in around the United States of America. Nick Vertucci established NV Real Estate Academy in 2013 to teach people how to do better, financially.
Nick Vertucci almost became broke from the dot com bust in 2000. Through crafty thinking, he built himself up and founded a multi-million dollar business having to do with a method of getting big profits from real estate.
He grew up in a loving family, though he was not spoiled. At the age of 18, he was living out of his van. He started a computer parts business a few years later, got married and had three daughters. He lost a lot of money during the dot com bust, though through hard work he worked his way up to being a millionaire. http://fortunesinflippingevent.com/