{"id":5788,"date":"2026-10-01T18:08:23","date_gmt":"2026-10-01T18:08:23","guid":{"rendered":"https:\/\/www.vaultinsider.top\/?p=5788"},"modified":"2026-10-01T18:08:23","modified_gmt":"2026-10-01T18:08:23","slug":"real-estate-exec-says-bringing-business-back-to-california-is-critical","status":"publish","type":"post","link":"https:\/\/www.vaultinsider.top\/?p=5788","title":{"rendered":"Real estate exec says bringing business back to California is &#8216;critical&#8217;"},"content":{"rendered":"<p><\/p>\n<div><!----> <!----> <\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Stuart Varney hosts The Agency Founder and CEO Mauricio Umansky to discuss the California gubernatorial debate between Steve Hilton and Xavier Becerra. They analyze housing issues, red tape and the Los Angeles mayoral race.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>California business owners need the confidence and ability to reinvest in the state\u2019s economy, according to real estate mogul Mauricio Umansky, who argued that &#8220;bringing business back to California is critical&#8221; as voters weigh competing visions for the state\u2019s future.<\/p>\n<p>The Agency founder and CEO joined FOX Business\u2019 Stuart Varney on &#8220;Varney &amp; Co.&#8221; to discuss the Golden State&#8217;s economic challenges and the 2026 gubernatorial race between Democrat Xavier Becerra and Republican Steve Hilton.<\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><picture><source media=\"(max-width: 767px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/343\/192\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/686\/384\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 768px) and (max-width: 1023px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/672\/378\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/1344\/756\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1024px) and (max-width: 1279px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/931\/523\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/1862\/1046\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1 2x\"><source media=\"(min-width: 1280px)\" srcset=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/720\/405\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1, https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/1440\/810\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1 2x\"><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2026\/10\/931\/523\/real-estate-agent-mauricio-umansky.png?ve=1&amp;tl=1\" alt=\"Real Estate agent Maurico Umansky\"\/><\/source><\/source><\/source><\/source><\/picture><\/div>\n<div class=\"caption\">\n<p><span>The Agency founder and CEO Mauricio Umansky discusses California\u2019s business climate and the need to restore confidence and investment in the state.<\/span><span> (Nathan Congleton\/NBC \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n<p>Affordability and the business climate have become major issues in California, where high housing costs continue to put pressure on residents and businesses. Research from the Public Policy Institute of California has also found that company headquarters leaving the state often relocate to places with lower taxes and less regulation.<\/p>\n<p><strong>TOP REAL ESTATE MOGUL ISSUES STARK WARNING AS CALIFORNIA BUYERS SAY &#8216;ENOUGH IS ENOUGH&#8217; ON TAXES<\/strong><\/p>\n<p>&#8220;You know, I think what matters is\u2026 creating affordable housing. I think that&#8217;s critical in our world and that keeps the economy growing. I think bringing business back to California is critical. And that&#8217;s really what we need to focus on right now,&#8221; Umansky said.<\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>&#8216;Varney &amp; Co.&#8217; host Stuart Varney details the economic struggles facing California, including high gas prices, soaring electricity costs, and high taxes that are driving residents out of the state during his &#8216;My Take.&#8217;<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Hilton has campaigned on cutting taxes and regulations, while Becerra has proposed declaring the housing shortage a state of emergency and directing state agencies to prioritize housing production and affordability if elected governor.<\/p>\n<p><strong>THE HOUSING GAME IS &#8216;RIGGED&#8217;: REAL ESTATE STAR EXPOSES THE HIDDEN TRAPS LOCKING UP BUYERS PAST 7% RATES<\/strong><\/p>\n<p>Umansky said business owners need greater confidence that they will be able to reinvest in California and its economy, while acknowledging that changes would take time.<\/p>\n<p>&#8220;None of this stuff gets fixed overnight, right? But we need to start taking baby steps,&#8221; he said.<\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Christie\u2019s International Real Estate Southern California founder and CEO Aaron Kirman speaks to Fox News Digital about the falling support for the proposed \u2018billionaire tax\u2019 and its implications on the housing market.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>The real estate executive also raised concerns about policies presented by Los Angeles mayoral candidate Nithya Raman, a member of the Democratic Socialists of America, saying he believes her policies could make it more difficult for businesses to invest in California.<\/p>\n<p>&#8220;As a business owner\u2026 I&#8217;m concerned about the policies that she&#8217;ll [Nithya Raman] put into effect and will bring on to us. I mean\u2026 Enough is enough. We need to start\u2026 Motivating people. It&#8217;s enough time to just start giving free rides to everybody\u2026 That&#8217;s not a good thing for any business owner. I am concerned about her policies and\u2026 Making it harder to invest and reinvesting in a state that I absolutely love,&#8221; Umansky said.<\/p>\n<p><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n<\/div>\n<p>#Real #estate #exec #bringing #business #California #critical<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stuart Varney hosts The Agency&hellip; <\/p>\n","protected":false},"author":1,"featured_media":5789,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[4323,269,631,3063,1858,2985,62],"class_list":["post-5788","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance-news","tag-bringing","tag-business","tag-california","tag-critical","tag-estate","tag-exec","tag-real"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Real estate exec says bringing business back to California is &#039;critical&#039; - 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