The Great California Exodus - Hundreds Of Thousands Flee The State (San Diego: real estate, oceanfront)

[Headed2northdakota]

i tried the whole leave the state thing now im back granted with a much much better paying job Texas was great no income tax lower sales tax 80 mph highway speeds etc but still has nothing on so cal imo The open racism was a bit much for my taste actually glad to be back.

[Headed2northdakota]

Originally Posted by bradleyyo

I wonder how many of these people bashing the state live in California or if they have ever even been here. In the San Diego forum, there was this poster from Texas talking trash.

A number of Texans on this board hate on california not sure why a number of Texans i worked in the oil field with did as well. After living/working in texas for 6 months couldnt pay me to live there again.

[TVC15]

Originally Posted by Headed2northdakota

A number of Texans on this board hate on california not sure why a number of Texans i worked in the oil field with did as well. After living/working in texas for 6 months couldnt pay me to live there again.

I agree there are certain parts of Texas and CA that you could not pay me enough to live there.

[jeffredo]

For the past twenty years real estate has been very expensive. The bubble-burst only corrected that in some inland areas. Add to that troubles with public schools and that accounts for much of the out-migration by young families. I don't think the state has completely recovered from the sudden and dramatic shrinkage of military and defense spending in the early 90s either. During the Reagan years California was raking in federal dollars in his attempt to drive the Soviet Union into the ground by outspending them. Los Angeles was a boomtown. In 1990-92 Bush Sr. and then Clinton pulled the rug out from under those middle-class jobs with greatly decreased defense spending and base closures (California had many more bases closed than Texas for example). The tech boom in the Silicon Valley in the late 90s had no benefit for the former defense workers in SoCal (who then voted with their feet). If you look at the people who headed for the adjacent western states this past twenty years many of them were those workers and their children. Another elephant in the room is that many white people left when foreign, particularly Mexican, immigration ramped up the past 20-30 years and the ensuing demographic shift left their communities very different in a short period of time.

[oldtrader]

Yes the upper and middle income workers and jobs left California, leaving a heavy concentration of poor people in the heavily populated counties. They took their jobs, and buying power out of California and put it in several other states. The big reason the unemployment rate is through the roof in California, and the state has such financial problems.

[Ultrarunner]

I've always believed the impact of base closing was underestimated.

On the other hand... much of the Bay Area was cheering as the last of the bases closed.

Except for the Coast Guard... many in the Bay Area are glad to see the military gone and with that the millions of millions that went into the local economy...

I lived very near the Oak Knoll Naval Hospital and was sad to see it close and the Hospital razed...

[Mr. Opinionated]

Originally Posted by mydogstinks

If ever there was a hostile environment for the middle class and small business, it is California.

Eventually all that will be left is the incredibly wealthy and those that prey off them.

Fine. Leaves more room for those who appreciate California as is. And btw, that's prey on, not "prey off".

[pch1013]

Good. I can't wait for rents in San Francisco to fall back to reasonable levels.

[jeffredo]

Originally Posted by pch1013

Good. I can't wait for rents in San Francisco to fall back to reasonable levels.

It'd take a global plague that wipes out half the world population to bring it down to "reasonable".

[UB50]

Originally Posted by jeffredo

For the past twenty years real estate has been very expensive. The bubble-burst only corrected that in some inland areas.

I saw an ad yesterday selling items from a "teardown" property in Beverly Hills. I looked up the address (nice address on postage stamp-sized lots) and I noticed they paid nearly $5 million for this teardown property. I then looked up the addrress on Google maps and I noticed that there is a lot of construction going on in the same area. Obviously lots of people are paying $5 million for teardown properties.

Land prices in desireable parts of California are simply mind-boggling.