Despite negative news stories claiming California is in crisis with its recent wildfires, high unemployment rate, large number of homes in foreclosure, and political predicaments, it’s still a great state in which to live, work, and play. As the greenest and most diverse state, California is the leader economically, environmentally, demographically, culturally, and possibly politically.

Article concludes, California has long inspired its own premature obituaries. The 1855 book The Land of Gold dismissed it as “lawless, penniless and powerless.” TIME published a woe-is-California issue called “The Endangered Dream” in 1991 after the aerospace industry collapsed. But even with 12% unemployment, California still has an enviably young and productive workforce. And it’s still a magnet for dice-rolling dreamers who want to start anew, make money and change the world, with or without pants. “I see my own pattern repeated again and again — people who want to invent the future and aren’t afraid to fail,” says billionaire Silicon Valley financier Vinod Khosla, an Indian immigrant who helped found Sun Microsystems and recently unveiled a $1.1 billion venture fund for investments in clean technology.

Which just happens to be the next California gold rush.

To learn more about why California continues to be a “dream state,” please read Time magazine’s cover story, “Despite Its Woes, California’s Dream Still Lives” here.

So, curious about where to stake your claim to California? Call an expert, me in L.A.

Related articles

• The End of California? Dream On! – TIME (time.com)

Filed under: LA Area, Real Estate Market, VRN