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To measure the highly ranked stake between the two states, the variables under consideration include crime rate, employment rate, housing costs, access to employment, health insurance, education level and excellence, mortality rate, health, property tax, and pollution from industrialization, tourist attractions, income, and human activities. Overall, California stands a better chance of appealing to visitors and residents with the friendly socioeconomic environment.
Less property tax influenced residents to invest in real estate that business owners can operate from their own premises other than renting working space. On the other hand, high property tax increases reduces the accessibility and acquisition of permanent housing or investment in some types of business such as those requiring the construction of complex premises. Between California and Texas, California stands a better chance of attracting investors and permanent property ownership. This is because as of 2013, California’s property tax was at an average of 0.80% against Texas average of 1.74%. By default, home buyers and other structure buyers are more likely to invest in a state where property tax is more accommodating (Wile, para. 6). The considerate property tax has also influenced better academic institution development leading to a higher graduation rate in California as compared to Texas.
It is observed that nations with good and reliable education system attract higher graduation rates than nations that do not have the same quality if education systems. The US’s higher learning institutions are renowned for producing higher quality academic elites. However, general education system cannot tell a lot about specific states such as Texas and California. In its quest to support the national education quality, California has developed an education system that sees
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Business success of a state or district reflects upon its economic potential; business retention as compared to setting up new businesses is an economic development strategy as this has lesser cost associated with it and has a rapid impact (uwex). State of Texas focuses
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