CA is expensive. There is a reason for it. I love it here, CA, especially Silicon Valley, has been very good to me.
Meet the cheapest US states to buy a house (and the priciest states)
- Thread starter GON
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GON
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If I win the lotto (don't play it) I am moving to California. For most people, it is very hard to discount California's climate and terrain. Just being on the tarmac at LAX is always a treat in weather, regardless of where I was transiting from. That is how good the weather often is in many livable parts of California.
I don't understand the point of naming a state, because within a state you can get something very extreme. Do you group together Malibu and Compton? They are within commute distance too. I wouldn't.
No, that's disinformation. The Wx here is so unbearably hot and muggy 320 days/year that even the Cherokee indians left for better places. Our mosquitos are big as crows. The mountains are just large hills compared to what's waiting in Colorado. Skiing is poor. The beaches are covered in dead, still dangerous jellyfish most of the time and large sharks patrol the shallow water waiting for tasty morsels.
Plus relocation costs to Colorado from California are way less. We might even set up a 'Go Fund Me' account to help with the expenses.
GON
$100 Site Donor 2024
PB,
You have lived the life of privilege in California way too long. This is a MACRO study, and super applicable to many Americans. A person that has been a homeowner in California for many years may not get it.
The sort of place where "Wal-Mart greeter" is the highest paying occupation in the area.
GON
$100 Site Donor 2024
I can drive the extensive Pacific coastline from San Diego to the tip of Northwest Washington state. Lots of crap houses along the coast. Some with crap school systems. But huge money for every one of those homes. Same can be said for crap homes in Montana and Idaho. Big bucks for those crap Montana homes.
At the same time, I can get a decent home, in a safe community, with a solid public school system in Southern Illinois, for well under $200k.
These studies do matter, and actually for some, matter a lot.
I still don't think you understand real estate. The value of a real estate is about what you can produce with it, like a manufacturing equipment.
You can make good money and raise good kids near that home? It is worth a lot.
You can only get EBT card and no jobs nearby and you will likely get a kid on gov subsidy and teen pregnancy and turn into a drug addict? It is worth nothing more than a pile of firewood and scrap copper.
If you want to retire cheap in good weather safely? There are lots of 3rd world countries cheaper than the cheapest house you can buy in the US for that.
If you only want to grow corn? There are lots of those land too, but they cannot be compared to residential home price in high income good school district in a major city.
That stuff happens even in the pricey areas. Northern Virginia is and has been full of drug addicts and the dealers that supply them for decades.
Even had a case about 20 years ago where the son of a high-paid Secret Service employee was a supplier. The son was shot and killed by someone working for the drug dealer the son supplied to.
48 Hours - Millionaire Boys Club - TheTVDB.com
thetvdb.com
EDIT: I had the dealer and supplier mixed up; corrected info, added link.
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There useful macro economic indicators. By itself not so much, but when compared to other things like average household income it tells a macro story.
How much does it matter to an individual, not so much. My house has doubled in "value". The only outcome is I will pay more taxes on the next round of tax appraisals. I don't plan on moving so the price is irrelevant. If I did want to move I would have to pay the new double price for a similar house up the street. Everyone gets all excited when there house value increases. I suspect there bad at math and logic.
It is clickbait. Absolutely meaningless.
But, demand will determine prices. People move where they like, have opportunities etc.
But, demand will determine prices. People move where they like, have opportunities etc.
GON
$100 Site Donor 2024
When I was working on a master's degree in 2007, I researched why so many heroin deaths in affluent suburbs. The results were clear. The dealers' figured out that heroin could get "well off" kids to steal everything from their family, friends, and neighbors- to support the addiction. The dealers were giving the stuff away in the affluent areas- and regrettably it worked all too well. Many teenage deaths from heroin overdoses in affluent suburbs.
Secret in the suburbs: Heroin cheap, easy for teens to get
It's the high school secret too often revealed too late: suburban teens hooked on heroin. It's a growing problem in neighborhoods all over the Mid-South. And if you think it will never happen to your teen, think again.
www.actionnews5.com
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Yes.
But more importantly it tells an overall story. There are plenty of multi million dollar homes and great neighborhoods in Alabama. There are just many, many more really crappy neighborhoods and people living in shacks as a percentage of the overall. The extremes are there in every state. The only question is what percentage of people are in the middle - ie how flat is the bell curve.
I have never bought a lotto. And I am not sure LAX is a nice place to be... Ha!
I am lucky; I sold a perfect home in the Cambrian area of San Jose and bought the worst home in Los Gatos in the mid 90's.
Sometimes you get lucky. LG is a nice little refuge from Silicon Valley, a place that chews up people and spits out money.
Californians haven't yet ruined N.C.
LSD was, strangely enough, one of the problems around here in the early 90s. I vividly recall a student being escorted out of class by two administrators. Rumor was that he was high on LSD. Never saw him again. His dad was a contract lawyer for the FedGov, so you know he was well-to-do.
No, but the tens of thousands of folks from NJ who moved there in the 2000's have been trying.
GON
$100 Site Donor 2024
JK,
I temporarily worked in the reported sorry area of "Vallejo",and was blown away about how nice the weather and terrain were. I bought a car door that I picked up in a densely populated Vietnamese community in the greater LA area- again, wow is all I can say for the weather.
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