should i move to cali just yet? (Los Angeles, San Diego: best cities, real estate)

[Suericio]

well im about almost to my goal for saving up for the move to california, but now i'm kind of hesitant since ive heard something about california and its money issues. i guess unless congress doesnt give them money they wont be able to do any type of state funded work like public works and such. even tho it doesnt have anything really to do with my industry it just worries me overall. i know everywhere is pretty bad economy wise, but how does cali compare with other states, like massachusetts, new or, or florida? i do have a job lined up within my current co. but im just wondering whats in store for cali. my job will be selling electrical supplies to mainly electricians.
so now just reading up on things i feel like i might need to hold off on my move atleast for another yr or so.atleast til the economy gets better. so what do u guys think???? ooo and i really havent decided where i want to move but its up between, long beach, east bay area, and sacramento.....

[EscapeCalifornia]

The state's broke and won't stop spending money. If you have a job and pay taxes, you'll get soaked. It'll only get worse as the state works on more ways to tax the remaining taxpayers who haven't left or gone underground. Construction is in the toilet so I'm not sure how much business there is in selling parts to contractors. If you lose your job, you'll be in a state with one of the highest unemployment rates.

[steelstress]

Just stay where you are, and monitor CA for the next year. CA, if no budget agreement materializes, will be broke in February, if not sooner. Dangerous to make the move.

I missed the chance to leave CA, don't you even consider taking the chance to come over.

Steelstress

[Jonotastic]

Originally Posted by Suericio

well im about almost to my goal for saving up for the move to california, but now i'm kind of hesitant since ive heard something about california and its money issues. i guess unless congress doesnt give them money they wont be able to do any type of state funded work like public works and such. even tho it doesnt have anything really to do with my industry it just worries me overall. i know everywhere is pretty bad economy wise, but how does cali compare with other states, like massachusetts, new or, or florida? i do have a job lined up within my current co. but im just wondering whats in store for cali. my job will be selling electrical supplies to mainly electricians.
so now just reading up on things i feel like i might need to hold off on my move atleast for another yr or so.atleast til the economy gets better. so what do u guys think???? ooo and i really havent decided where i want to move but its up between, long beach, east bay area, and sacramento.....

I would say San Francisco and San Diego will be the least affected.

[Lew_B]

California is a tax and spend, spend state. As stated by Escape, construction is in the toilet. I am a building contractor, my trade was building spec homes in the blue collar "affordable" range. 1500 sqft. toaday with the state requirements, and state/county fees it cost more to build then the finished market value. I have been forced to lay off my employees, put away the tools, and relax. I am currently looking for a new state to relocate to where my retirement dollars will stretch a bit farther, cause it sure ain't gonna be here.
Stay far from here. Whatever our lawmakers come up with will certainly cost me more $, and will only be a bandaid until next fiscal year.

[EscapeCalifornia]

Originally Posted by Jonotastic

I would say San Francisco and San Diego will be the least affected.

What makes you say that?

[Jonotastic]

Originally Posted by EscapeCalifornia

What makes you say that?

Real estate prices are still quite stable in San Francisco. Demand for rentals is increasing. There is still a high demand for housing compared to most cities in California. San francisco holds a "value" as you would look in any city, there are districts where they tend to hold their value more, tend to be more desirabe, and I think San Francisco is one of these "districts" of California. San Diego is probally one of the best cities to own a business in California. I still see the potential for more growth, people moving from Los Angeles and snow birds coming in.

[Capt. Dan]

Originally Posted by EscapeCalifornia

The state's broke and won't stop spending money. If you have a job and pay taxes, you'll get soaked. It'll only get worse as the state works on more ways to tax the remaining taxpayers who haven't left or gone underground. Construction is in the toilet so I'm not sure how much business there is in selling parts to contractors. If you lose your job, you'll be in a state with one of the highest unemployment rates.

But they have really comfy chickens since election day!!!!!!!!!!!!!!!!!!!

[Lew_B]

Originally Posted by Capt. Dan

But they have really comfy chickens since election day!!!!!!!!!!!!!!!!!!!

Only until they leave the state . Or we are paying $20. for a dozen eggs

[EscapeCalifornia]

Originally Posted by Lew_B

Only until they leave the state . Or we are paying $20. for a dozen eggs

It probably wouldn't even cost that much more to bring eggs in from Arizona or Nevada than Fresno.