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08-17-2008, 01:51 AM
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Senior Member
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Join Date: May 2008
Location: Los Osos, CA
680 posts, read 230,563 times
Reputation: 154
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Left or plan on leaving California, why?
I know this question has been widely documented on this forum. I'm looking for short, specific answers here. The straw that broke the camel's back.
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08-17-2008, 06:03 AM
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Senior Member
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Join Date: Jul 2008
Location: Big Sur/Malibu
297 posts, read 97,808 times
Reputation: 89
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I think a big issue is property tax,when I sold a house in London my annual property taxes were around $6000. For the same priced property in CA I would be paying over $100,000 per year.
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08-17-2008, 01:59 PM
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Senior Member
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Join Date: Jan 2007
Location: South Denver Metro
784 posts, read 273,914 times
Reputation: 135
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left Fresno because of the air quality and weather. Left the state because everyplace else in it was too expensive.
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08-17-2008, 03:18 PM
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Real Estate Broker
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Join Date: Jul 2007
Location: Mountain Ranch, CA The heart of Calaveras County
1,678 posts, read 712,444 times
Reputation: 449
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Quote:
Originally Posted by impala666
I think a big issue is property tax,when I sold a house in London my annual property taxes were around $6000. For the same priced property in CA I would be paying over $100,000 per year.
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That would have to be a $10 million dollar home +/-. Property taxes are actually much higher in many states across the nation.
Thanks Prop 13!
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08-17-2008, 03:22 PM
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Not a member
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Join Date: Apr 2008
Location: Laguna Woods, CA
199 posts, read 43,395 times
Reputation: 88
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Quote:
Originally Posted by DMenscha
That would have to be a $10 million dollar home +/-. Property taxes are actually much higher in many states across the nation.
Thanks Prop 13!
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I purchased two 1000 square foot condos in Laguna Woods in 1998 for $140,000 for the pair. My property taxes on both were about $1600 last year. The properties are presently valued at about $235,000 each.
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08-17-2008, 05:14 PM
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Senior Member
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Join Date: May 2008
Location: Los Osos, CA
680 posts, read 230,563 times
Reputation: 154
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Quote:
Originally Posted by DMenscha
That would have to be a $10 million dollar home +/-. Property taxes are actually much higher in many states across the nation.
Thanks Prop 13!
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I was going to say the same thing. Impala666 has a home in Big Sur, I think that explains it. You need that kind of money to purchase real estate there!! May be going out on a limb, but I'm thinking Impala666 is a very wealthy man.
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08-17-2008, 07:22 PM
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Senior Member
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Join Date: Oct 2007
Location: ID
1,042 posts, read 401,638 times
Reputation: 443
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I think if you like the liberal atmosphere of the state government and all that it brings then you like California. If you don't then you will likely be happier somewhere else. Most of what people complain about when leaving California can be directly or indirectly tied to the leftist position of the government. I know that is a broad statement and I don't mean it pejoratively.
With the liberal government you get higher taxes and an attempt to redistribute income, restrictions on growth which drives up real estate, lax attitude towards illegal immigration which also drives up real estate, and lots of laws. On the other hand you get lots of consumer protections, worker protections, and social programs that other states don't have. I'm not looking to start a political debate here so I will leave it at that. I think that summarizes why some people are itching to leave and others think it is the only place to live.
For me the straw that broke the camel's back was wanting to build a warehouse for our manufacturing company and not wanting to make such a substantial commitment in California. I figure a warehouse will tie us somewhere for a couple of decades and every year there is talk of raising taxes and implementing new regulations in California. I didn't want to be tied to what I perceived as an unstable business environment.
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08-17-2008, 07:56 PM
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Senior Member
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Join Date: Apr 2007
Location: Orange County CA
3,089 posts, read 1,744,891 times
Reputation: 941
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I want to own a home in a safe neighborhood that doesn't require 50% of two full-time incomes and isn't 50 miles from the nearest job center.
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08-18-2008, 08:21 AM
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Senior Member
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Join Date: Aug 2007
1,443 posts, read 605,866 times
Reputation: 360
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Quote:
Originally Posted by EscapeCalifornia
I want to own a home in a safe neighborhood that doesn't require 50% of two full-time incomes and isn't 50 miles from the nearest job center.
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Is this true today?
As I recall you bought your house at or near the peak of the market but with lower housing prices that continue to fall ... this may not be the case the many areas.
I don't think we'll really know until the bottom of the market hits but, at the very least, housing prices are getting more affordable.
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08-18-2008, 12:41 PM
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Senior Member
Status:
"Escaped from Valdez!"
(set 7 days ago)
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Join Date: Jun 2008
Location: The Great Land - Alaska
518 posts, read 81,032 times
Reputation: 226
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Unfortunately, the poll didn't include an option for my main reason:
ALL OF THE ABOVE

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