Southern California has the best climate in the world, with mild winters and temperate summers. Southern Californians can go to the beach on Saturday and skiing on Sunday in the 11,000 foot mountains a short distance from Los Angeles.
Historically, California has been the place where new products have been invented, designed and manufactured. That trend will continue in the future as California takes advantage of new international trade agreements, which will spur our economy to even greater heights.
There are many good reasons for doing business in California – its Pacific Rim access, strong employee base and the fact that it is the largest market in the U. S. for many, many products and services.
The present population of California is estimated at 34.9 million people. Within the Greater Los Angeles area, the famous "60-Mile Circle", has grown to over 17 million
people and is expected to increase by 43% to about 22.35 million by 2020, according to the Southern California Association of Governments.
According to recent data from the Southern California Association of Governments: "By 2020, Southern California will absorb a population increase equivalent to two Chicagos.
Southern California has the largest population of Filipinos outside of
Manila, the greatest Hispanic population outside of Mexico City, the largest
concentration of Koreans outside of Seoul and one of the biggest Chinese
communities in the U.S.
Los Angeles is called the "Eastern Capital of Asia." Our trade
with these countries is bringing billions of dollars annually to the state.
From 1950 to 1962 fortunes were made by ordinary people with "foresight"
and "courage" to invest in Southern California land, whether
it was orange groves, chicken ranches, or simply undeveloped, unused prairie
land.
In the San Fernando Valley, you could buy 2.50 acres for $7,500 with $1,500
down and payments of $75 per month at a time when there were only 150,000
people living there. Today over 2 million live in this Valley and the
land would be worth millions if it were still vacant.
It is World
Headquarters for innovative thinkers, paradise for the entrepreneurial
spirit, home to leaders in science, education, the arts, business and
industry.
If California were a separate country, it would outrank all but 4 world
powers in Gross National Product. In addition, California's economy is
20% greater than that of The Peoples Republic of China.
California will be the benchmark for competitiveness well into the next
century.
So, why isn't every old-time Angeleno a Millionaire? Mainly because they
listened to the "doomsayers." They made the mistake of not buying
land when it was still affordable.