'I worry that’s evidence you’re becoming like California.”
While speaking at conservative conservative conference last week, Thiel said,"The temptation on our side is always going be to just say we’re not California… We don’t like tech, we don’t like California, we don’t like the woke stuff. All of that’s true but it’s not a way we get back to broad-based growth that’s not just some kind of real-estate racket."
Thiel said that Florida Gov. Ron DeSantis is"probably the best in terms of offering a real alternative to California," but dinged the trend line of housing and rent prices in the state. "If we’re going to have a high-growth alternative, the test is, do the real estate prices come down?" he reportedly said."And the fact that real estate in Florida has melted up over the last two or three years is not evidence that you’re succeeding in building a better model than California. I worry that’s evidence you’re becoming like California.”
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