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Originally Posted by movingforward11
What do people see as trends in California?
-which nice areas will go bad, which bad areas will gentrify
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Some downtown areas like LA and SD will see a revitalization. Most bad areas will remain bad and some good areas will go bad.
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- will places like SLO end up like LA?
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No, but the Central Coast will get more crowded as will many inland areas. Some companies will be forced to open offices in the less expensive areas in order to find workers who can afford to live on what the company will pay. Commuting is a big strain on many budgets in California.
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-how will earthquakes affect NorCal and SoCal - will a bad earthquake cause an exodus and drop in home values?
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In the long term it would take several large earthquakes to cause an exodus and even then I don't think it would be very large. Most people accept the risk and the building codes ensure that damage is minimized. I could see a Katrina-type problem here where people who failed to prepare to be self-sufficient for a few days could be in trouble.
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-will the air pollution problems stay the same
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Air pollution will get better. As gas prices remain high more people will drive less miles and drive less polluting cars. Anyone who live in the Inland Empire in the 70s can attest to how much better it has gotten.
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-how will global warming impact CA - will the inland areas become unihabitable with extreme heat?
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No. I think the biggest threat that global warming holds for California is as an excuse for more taxes and regulations to a state that is already pretty burdened.
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-will CA always be crowded and expensive?
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Yes, probably so. Many people are leaving but many others are immigrating from other countries. There will always be an upper class in California that likes the lifestyle, weather, and natural beauty and doesn't mind the paying the high taxes. Those are the same people who can afford to live in low crime areas with relatively decent schools.
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-how can prices remain high if no one can afford to live there?
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In addition to the upper class I mentioned above there are also are few other ways people afford California. One is there are many people who have owned their homes for decades. Protected by Prop 13 they stay in the area as it gets less desirable to live in but they can't afford to move. There are also people who buy more than they can afford and get loans they shouldn't be able to qualify for. Those are the ones that Congress is trying to bail out on the backs of the rest of us now. There is also a sizable immigrant population that doesn't have a the cultural mindset of one generation per home. That means several breadwinners per home and makes the payment fairly affordable per family. There are also some that just live in smaller houses and get by on less but consider it a sacrifice worth making.
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- will industries finally move elsewhere because of the expense?
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Yes, many will. I think many manufacturers in particular will move out because so many of them can. (I am doing that with my manufacturing company.) I think many national companies will scale back their offices here or change expansion plans to places like Las Vegas, Phoenix, or Salt Lake City. There will always be a base of service and retail here because there will always be people here. Also, in spite of the current poor business climate, it used to be better and many companies located here. Now you have a grouping of customers and suppliers that is convenient for both. Plus, the workforce is better than many other areas of the country.
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Let me know your thoughts and predictions.
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I think California faces some serious issues. Many of them stem from the legislature's inability to budget money. In good years, instead of funding one-time project and saving for bad years, they fund ongoing programs. I also think that California is likely to see much of its middle class disappear. Many of them will move to less expensive states as they retire and sell their homes. Also, California (and the nation in general) needs to get a handle on illegal immigration. That one issue affects school crowding, the loss of middle class jobs, home prices, and taxes as much as any other.
If you are not accustomed to the California lifestyle and the good things that the state has to offer then I would not relocate here. But then again I am moving from California to Idaho so take what I say with a grain of salt...
