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This company’s exit could be California’s toughest blow yet

Another major publicly-traded company is packing its bags and leaving California.

This time, it’s KB Home, a multibillion-dollar homebuilding giant that has called Los Angeles home for decades, since 1960.

Now it’s heading to Tempe, Ariz., citing a more business-friendly environment and lower long-term costs.

Let that sink in. A company whose entire business is building homes in California no longer believes it makes sense to be headquartered there –– even with tens of thousands of homes to rebuild after last year’s fires.

If that doesn’t tell you everything you need to know about the state’s business climate, nothing will.

And this isn’t an outlier. It’s the latest in a steady drumbeat of corporate departures that should be setting off alarm bells in Sacramento.

Tesla left. Chevron left. Oracle left. Hewlett Packard Enterprise left. Charles Schwab left. Now KB Home joins the list.

At what point do California’s leaders stop pretending this is coincidence?

Billion dollar companies don’t relocate headquarters on a whim. These are complex, expensive decisions that involve moving people, operations, and long-term strategy. When they leave, it’s because staying no longer makes financial sense.

KB Home said the quiet part out loud: They are leaving for a better business environment.

Translation: California has become too........

© New York Post