ROIC - California Dreaming Or Nightmare?
2024-01-24 07:00:00 ET
Summary
- California has a rich history of songs dedicated to the state, with famous examples from The Beach Boys, Joni Mitchell, and Katy Perry.
- Concerns about California's population decline and exposure to natural risks raise questions about the future of businesses in the state.
- Despite these concerns, certain California-based REITs like Rexford Industrial, Essex Property Trust, and Retail Opportunity Investments Corp. have strong market positions and favorable supply and demand dynamics.
Quite a few songs about California exist.
One of the earliest and most famous ones is The Beach Boys’ “I Wish They All Could Be California Girls,” which was released in 1965. There’s also:
- “California” by Joni Mitchell (1966)
- “South California Purples” by Chicago (1969)
- “Hotel California” by the Eagles (1976)
- “California Sun” by the Ramones (1977)
- “California Love” by Tupac (1996)
- “Heads Carolina, Tails California” by Jo Dee Messina (1996)
- “Californication” by Red Hot Chili Peppers (1999)
- “California Gurls” by Katy Perry (2010)
- “California” by U2 (2014).
That’s the short list – and one that excludes songs about California cities or those about the state that don’t cite it in the title. There are more recent ones too, but I don’t recognize the artists and I’m not sure you would either....
California Dreaming Or Nightmare?