Excerpt from
SacBee story on outmigration:
Many go outside the state. A record 5 million Californians left between 2004 and 2013.
The most popular metropolitan areas – Reno, Las Vegas and Phoenix – are relatively close, affordable and familiar.
Texas has proven hugely popular with
Californians. About 600,000 residents left for Texas between 2004 and
2013, the most of any state. But Michael said he was surprised Austin
had outranked much larger and less-expensive cities such as Houston,
Dallas and San Antonio in receiving Sacramento transplants during 2015.
It's funny to watch people inside an echo chamber discuss why others are leaving the echo chamber.
Read more here: http://www.sacbee.com/news/business/article162986048.html#storylink=cpy
36 comments:
Spent the weekend working on my stone wall. It's tough work. Not as heavy as the steps, but it seems you have to try 5 stones to find one that works in a particular spot. Very slow going...
Last I heard there was no state income tax in Texas, a lot less regulation and a lot more gun owner friendly. Probably less crowded as well. Anything I left out?
Part of the attraction of Austin is its motto.
"Keep Austin Weird"
10 years ago, Austin was the same size as Sacramento(approx 500,000 people). Austin has more than doubled its population in that time. If you are familiar with how ugly Houston, San Antonio, and Dallas/Fort Worth are then it's no surprise why they move here. The traditional "weird" has been priced out of the market. Record stores and resale shops have been replaced by mixed use condos over gastropubs with $15 hamburgers and $9 beers.
Why would same salary, lower taxes, less regulation etc be a draw?
Even 20% lower salary is a net gain for the CA expats in Tx.
I think there's also an open season on liberals
"...gastropubs with $15 hamburgers and $9 beers"
Even here you usually have to go to a Giant's game to see those prices.
"Even 20% lower salary is a net gain for the CA expats in Tx."
Well, if the reference point hadn't been Sacramento I would have responded, "but you have to live in Texas."
I saw an inflation chart that said in England in 1973 a pint of beer cost 14p and now costs 369p.
Give me $30 and the ten burgers I will serve would put those two for $30 to shame. We need to move past old measures of value.
Back to better air!
Buying down economies has it's advantages and disadvantages. I have done it twice and it worked well. State and local governments will get their pint of blood no matter what.
What % left?
Son heard a rumor that Tillerson retired.
I can't imagine how much my nice but not perfect house would cost in Kali
I heard NASA has denied having child slave camps on the moon. Hard to keep track.
I worked for a company that had offices in Orange County CA and in Richardson (Dallas) TX.
So, over the years there were transfers between the locations.
One of the guys (who was probably fairly well paid) sold his house in CA and moved to Richardson.
A few years later he was transferred back to CA.
He couldn't afford to buy back his old house in Orange County.
I cannot tell you how many "could not afford to move back stories" I have heard or inferred. Truly sad are the vast majority who deny it.
Well we couldn't afford to live in our house we have now! We bought it during the 10 minutes that we could afford it.
My youngest had cell phone service for ten minutes in Speculator NY earlier today while grocery shopping. Apparently adult summer camp includes 17 year olds who get to drive speedboats and Olympic sailboats.
I could swing buying the most expensive house in town here but that is not my style. On the other hand I could not buy my first home back in Kali nor would I want to. I would not play with the insanity they have produced. ;)
Good morning.😀. I just looked a posting for the 10 plus x most exes I've houses in Boston. An I didnt like any of them. They were too big, not cozy,none of the rooms seemed to be for any thing but ro sit. No library, no exercise room, or home theater or hobby room. No kids room, no ballroom, for that matter, no computer room. Over decorated and yet boring.
Expensive
Are there enough rich people in the world to buy these expensive houses?
Good Morning!
Rich? creative finance is the answer.
Creative finance has returned? Aaaaaaaahhhh, groannnnn. Tell me it ain't so???
I know! Some of the long rooms could be repuraised for a bowling alley.
Pulled back but never left. First time home buyer money, 3% down won't even cover realtor fees and closing cost, PMI, etc. They start underwater but the property turned and profits where made.
That was then. This is now, after prices have recovered. I suppose they think prices can go up asymptoticly.
Didn't we answer that question. Guess not.
I has been answered before but the old will never quit eating the young and ignorant. Then some never grow up.
2 plants planted. A little ordinary grass pulled up. No turtles visible.
Seeing more butterflies, a black one and an orange one just now.
New post. NASA.
Hey ,
I really liked the point where you mentioned.Extraordinary article
i read one post before
this about Buy house in pratumnak but yours one is more informative.
THanks a lot man
Hunh?
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