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Old 09-02-2017, 09:07 PM
 
Location: Silicon Valley
18,666 posts, read 25,877,932 times
Reputation: 37457

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Quote:
Originally Posted by LuvDesertEmpire View Post
Prove me wrong by posting some links. Until otherwise, i will continue believe that the only afforrdable beach towns are Imperial Beach and Oxnard
Well, you'll have to define "beach," but Crescent City is a very affordable coastal town. With beaches.
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Old 09-02-2017, 09:09 PM
 
Location: Silicon Valley
18,666 posts, read 25,877,932 times
Reputation: 37457
OP, people want to believe the entire state is LA or SF with no other option in-between. Yes, it would simply take common sense and about a minute to look at a map of CA to learn otherwise, but, even if they are really well-educated people - that's too hard for them. They don't want their opinions changed.
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Old 09-02-2017, 10:18 PM
 
12,835 posts, read 11,372,886 times
Reputation: 23205
Quote:
Originally Posted by 18Montclair View Post
Sacramento and Stockton are by far the biggest destination of people who move out of the Bay Area.
It is and according to news reports, Sacramento is seeing the biggest influx of BATs (bay area transplants). The escalating home prices there are driving them this way ... again. Same thing happened in the early 2000's which led to the skyrocketing prices in the valley. It seems to be happening again only at a slower pace. I've been watching RE prices in my area. There's a home (identical) in my neighborhood priced 10K more than one that sold just 30 days ago. This is exactly what happened in 2005. Prices went up daily, it seemed. It's nuts!
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Old 09-02-2017, 10:40 PM
 
28,275 posts, read 30,845,704 times
Reputation: 28824
Quote:
Originally Posted by Perma Bear View Post
Hot/cold weather bugs me more than that. I would rather have 80 degree summers,
Other people put a higher value on other things besides just good weather.
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Old 09-02-2017, 10:49 PM
 
28,275 posts, read 30,845,704 times
Reputation: 28824
Quote:
Originally Posted by Perma Bear View Post
Things such as tech companies could easily be set up and outcompete Bay Area companies that have to deal with expensive real estate which increases their expenses.
But for a variety of reasons, they aren't. So employees can't move there if there are no such jobs in those places.
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Old 09-02-2017, 10:51 PM
 
28,275 posts, read 30,845,704 times
Reputation: 28824
Quote:
Originally Posted by HereOnMars View Post
It is and according to news reports, Sacramento is seeing the biggest influx of BATs (bay area transplants). The escalating home prices there are driving them this way ... again. Same thing happened in the early 2000's which led to the skyrocketing prices in the valley. It seems to be happening again only at a slower pace. I've been watching RE prices in my area. There's a home (identical) in my neighborhood priced 10K more than one that sold just 30 days ago. This is exactly what happened in 2005. Prices went up daily, it seemed. It's nuts!
Except, I suspect--and hope--the boom isn't being fueled by crazy loans as was the case in 2005.
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Old 09-02-2017, 10:52 PM
 
4,326 posts, read 2,947,099 times
Reputation: 2428
Quote:
Originally Posted by mysticaltyger View Post
But for a variety of reasons, they aren't. So employees can't move there if there are no such jobs in those places.
You just need an internet connection and a few coding skills to make a tech company.
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Old 09-02-2017, 11:19 PM
 
Location: N.Sierra Nevadas (California)
62,020 posts, read 4,680,376 times
Reputation: 20458
If it was a viable option, they would have done it already, they ( tech business owners) are not dumb. There are no jobs in many of the low cost areas.
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Old 09-02-2017, 11:29 PM
 
4,326 posts, read 2,947,099 times
Reputation: 2428
Quote:
Originally Posted by evening sun View Post
If it was a viable option, they would have done it already, they ( tech business owners) are not dumb. There are no jobs in many of the low cost areas.
They are so driven by ego they wouldnlive here no matter what
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Old 09-02-2017, 11:36 PM
 
12,835 posts, read 11,372,886 times
Reputation: 23205
Quote:
Originally Posted by mysticaltyger View Post
Except, I suspect--and hope--the boom isn't being fueled by crazy loans as was the case in 2005.
From what I read about it, it's not about loans. It's supply and demand. There just isn't enough inventory for buyers.
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