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Exactly. One could sell their house in California and go buy like 4 houses in Texas and apparently pay less taxes.... So.... Why aren't they? I think that is the question Texans need to ask themselves.
I know the cost of living is high in CA, but in a way its a good control. Imagine if we had the cost of living of Texas? Goodness gracious, the entire state would be packed from top to bottom.
Exactly. One could sell their house in California and go buy like 4 houses in Texas and apparently pay less taxes.... So.... Why aren't they? I think that is the question Texans need to ask themselves.
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I sold real estate for years in Texas - and many, many of my customers were fleeing in droves from California. So, no thanks, I don't "need to ask myself why Californians "aren't buying real estate in Texas" because they are. Most people don't need or want more than one house, by the way, so why buy three or four, especially in a volatile and uncertain housing market? Most people would rather invest that money in other ways.
Dude are you like crazy? Didn't you just read his/her post? Dallas is just like LA with less minorities and less crime, also TX in general is more beautiful than Massachusetts.
Does Dallas have less crime than Los Angeles? Los Angeles is actually one of the safest large cities in the country, with its lowest crime rate in decades.
And nothing about Dallas really reminds me of Los Angeles, other than having multiple big cities in the metro.
Does Dallas have less crime than Los Angeles? Los Angeles is actually one of the safest large cities in the country, with its lowest crime rate in decades.
And nothing about Dallas really reminds me of Los Angeles, other than having multiple big cities in the metro.
Yes, LA's crime rate has dropped in recent years, but its still gang central.
There is the same pretentious vibe in both cities, but that's for another thread.
This is tough to predict, because it partly depends on how far into the future. Because of the population gap it will take quite some time for Texas to actually catch up to California. Each state has its own problems, but I would say that in general, the economy in California is better in the long run. It's no secret that the Texas economy is largely based on natural gas and oil. Texas reminds me of West Virginia in the early 20th century , because everyone there depended on coal since it was "abundant" and they didn't see the environmental impact as being as bad as it is understood to be today. If there are people constantly searching for and trying to develop alternate and efficient energy sources then it's only a matter of time before being near an oilfield has an insignificant impact on the local economy. And, on the other hand, California's main problem lies in the fact that it is on a harsh terrain and receives little rain. The state's human carrying capacity is a real concern. However, California is very creative in that it created the "Hollywood" industry and the numerous tech giants that exist in the Bay Area. To me, California is a more innovative than Texas as a whole, which has led to the state having a very diverse economy. I'm aware that Texas has a "silicon valley" of its own in the Austin region, but the state will never be the leader in innovation like California is. That's why the real Silicon Valley isn't named "Austin Valley."
I sold real estate for years in Texas - and many, many of my customers were fleeing in droves from California. So, no thanks, I don't "need to ask myself why Californians "aren't buying real estate in Texas" because they are. Most people don't need or want more than one house, by the way, so why buy three or four, especially in a volatile and uncertain housing market? Most people would rather invest that money in other ways.
Seems to be a Texas obsessed idea that everything in California will "flee" to Texas. A lot of newcomers in Texas are from California because... well.. it is the most populous state. There isn't some large scale exodus like Texans love to think. In fact, last time I checked California was still posting the 2nd highest numerical gains in population after Texas. My point about houses was that people stay in California DESPITE the crazy costs of living there. There must be some reason they aren't all skimping out of dodge for the Texas hills and prairies! So if Texas is "gaining" on California, it is pretty marginal gains that will probably fade once housing prices in Texas rise, which is already starting to happen. Sorry Texas, you'll never have Silicon Valley, Hollywood, world-famous coastlines and cities, a Mediterranean climate, etc etc. It isn't pretentiousness, it is just reality. The economy of Texas is booming right now because of cheap labor, oil and natural gas, and low environmental regulation. Two of those will probably run out someday, and the third you will pay the price for later on.
Seems to be a Texas obsessed idea that everything in California will "flee" to Texas. A lot of newcomers in Texas are from California because... well.. it is the most populous state. There isn't some large scale exodus like Texans love to think. In fact, last time I checked California was still posting the 2nd highest numerical gains in population after Texas. My point about houses was that people stay in California DESPITE the crazy costs of living there. There must be some reason they aren't all skimping out of dodge for the Texas hills and prairies! So if Texas is "gaining" on California, it is pretty marginal gains that will probably fade once housing prices in Texas rise, which is already starting to happen. Sorry Texas, you'll never have Silicon Valley, Hollywood, world-famous coastlines and cities, a Mediterranean climate, etc etc. It isn't pretentiousness, it is just reality. The economy of Texas is booming right now because of cheap labor, oil and natural gas, and low environmental regulation. Two of those will probably run out someday, and the third you will pay the price for later on.
LOL this is so funny. We don't WANT a Silicon Valley - we have a booming IT sector of our own. We certainly don't want any version of Hollywood. We have our own wide array of big, booming, growing cities, and a very wide range of climates that we enjoy. We have mountains and beaches and rolling hills and prairies and deserts and lush greenery. We're simply not jealous of California and don't want to be like California - we're very happy being Texas. We've got our own groove going.
And lots and lots of Californians apparently like it too since they're so busy moving here.
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