RENT Magazine Q2 '21

Joe Rogan | Austin, TX The famous podcaster host, MMA commentator, and comedian Joe Rogan left California four months ago wanting to escape high taxes and pandemic lockdowns. He’s already moved his podcast studio after signing a $100M deal with Spotify and plans to start his own comedy hub, attracting the top comedians in the country, some of which he has already convinced to move to Austin. Kanye West | Cody, WY Kanye West purchased a $14M ranch last year. Kanye has also moved his multi-billion-dollar apparel company, Yeezy, which was originally headquartered in Calabasas, CA. Kanye’s main reason for moving is California’s business regulations which he feels are stifling his creativity and charitable ambitions. He’ll also save a significant $15M in state income taxes. Donald Trump | Palm Beach, FL Trump’s recent move back to his Florida Mar-a-Lago Resort came as no surprise, but in this case, the citizens of Palm Beach raised concerns that his move might decrease property values, by attracting his lawless supporters. 28 years ago, Trump converted the 126-room mansion to a club and promised the city he would not live there. The Palm Beach town council voted that he is in fact allowed and considered him an on-site employee, not just a resident. Elon Musk | Austin, TX As one of the wealthiest people in the world, Elon Musk has become a household name. Musk recently sold his four- home complex in Bel Air for a total of $62 million and in December moved to Texas, where he is building a new $1 billion Tesla plant on 2,000 acres of land. The business move will result in an explosion of job opportunities (he’s hiring 10,000 people by 2022) and an increase in property values. He even announced plans in March to build his own city, Starbase, which will encompass Boca Chica Village to house the growing population he anticipates. P A G E 1 5 |

Powered by