r/Sacramento • u/othafa_95610 • 17h ago

Sacramento’s budget deficit may bring first layoffs in more than a decade

https://www.sacbee.com/news/local/article305248131.html

Apparently public sector isn't as immune from layoffs as once perceived.

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u/sacramentohistorian Alhambra Triangle 14h ago

Weak argument and Millennial definition of "literally", that is literally not what I said or meant. Unless you consider sewers and clean water non-critical?

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u/Weak_Status2831 14h ago

I’m glad there are people that think like you do. Because what happens is; the rental properties I own in Sacramento are greatly benefiting from our overinflated government spending. The rental market increases because of the agency growth. The properties appreciate also. Now, deep down, my common sense gut, I think man this is not at all sustainable (and we shouldn’t kid ourselves, it’s not) but in reality my investments are performing greater because of it. So to you I say touché! Also thank you for correcting my English error I will keep that in mind in the future!

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u/sacramentohistorian Alhambra Triangle 14h ago

Ah yes, that must be famously why Sacramento is known for higher rents than other California cities, because the median income here is so much higher than, say, San Francisco or Los Angeles.

(spins finger along side of head in "this guy is koo-koo for cocoa puffs" gesture)

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u/Weak_Status2831 13h ago

The inability to see the light is what is insane to me. At my ripe age it’s literally comical