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But then you're not comparing COMPARABLE homes. I live in a 2576 sq ft, 4 br, 2.5ba on roughly 10K sq ft lot and I am 8 miles from the center of downtown Dallas. My home is appraised at $300K. My home in CA, in a comparable location, would probably cost over a million, so my property taxes would be 1.8x to 2x as much as they are here.
Well in CA lot size, means practically nothing. That size a home in maybe 25-30 miles away from center of SD, would go for high $300, maybe low 4's. TEXANS keep this in mind, our land is extremely difficult to build on and around. Land is scarce here and buildable land isn't easy to come across either. But if you wanted to live 8 miles from DT LA, SD, or SF... yes you're well over a million - more like millions... However being a bit outside the city is comparable to being in the outside cities of Dallas, which pretty much have jobs and everything else as well Hey also keep in mind we're practically in summer and loving the 75 degrees and sunshine, not to see a drop of water for months... I think this is what we're all paying for
You cannot compare a close-in home with one 50+ miles further away. That's not comparable.
Again, you won't find developments any where in within 10 miles of city centers here in SoCal. Then again,
I could move 75 miles away from downtown Dallas and probably get my same home for $150K on 1/2 acre... which with your exemptions, you'd probably pay $3300-3500/year in property taxes in TX. This home in CA would be $350K or more - meaning the property taxes would be the same or more for a comparable home. You really should go to webster.com and look up the meaning of comparable.
55 miles ain't 2-3 hours Miss. Then not to mention many people do work in those areas as well, making just as much as they would in the major metros.
Riverside and San Bernard counties many consider LA metro anyways.
Then please give me some links to NEW 3000 square foot homes within 30-45 miles of say Anaheim or downtown San Diego for $250K, on an average lot, with upgrades, a 3 car garage, 3500 square feet, and a home theater. They were not there when I left for $200K about 15 years ago and I'm sure they are not now.
ETA: I specified NEW because for my family when we purchase a house in town we would go for a Craftsman Bungalow or such type so if you can show me a few of those WITHIN 5 MILES of a major metropolitan area for that price let me know. My husband's pay out in California offers were only slightly more than here and I make more here than in California.
Also I lived in Lake Elsinore and worked in Santa ANA it took me about 60-90 minutes to get to work and 2+ hours to get home. When I lived in Laguna Hills and went to school in San Diego it was about 90 minutes each way.
Then please give me some links to NEW 3000 square foot homes within 30-45 miles of say Anaheim or downtown San Diego for $250K, on an average lot, with upgrades, a 3 car garage, 3500 square feet, and a home theater. They were not there when I left for $200K about 15 years ago and I'm sure they are not now.
$250k in Tx is about $350k w/ the property tax difference and wages here no in montly payments? Math majors anyone? SAn Diego go to El Cajon/Alpine/Santee/Lakeside. OC... ehhh... does not exist there
Keep in mind Riverside/San Bernard are about a 5 million pop metro, just about size of DFW metro no? Consider it more consistent w/ the DFW area in terms of area, homes etc.
ETA: I specified NEW because for my family when we purchase a house in town we would go for a Craftsman Bungalow or such type so if you can show me a few of those WITHIN 5 MILES of a major metropolitan area for that price let me know. My husband's pay out in California offers were only slightly more than here and I make more here than in California.
5 miles within a major metro.. does not exist sorry neither in Chicago, NY or Miami or any high density city. Dallas metro by all means isn't high density.
Also I lived in Lake Elsinore and worked in Santa ANA it took me about 60-90 minutes to get to work and 2+ hours to get home. When I lived in Laguna Hills and went to school in San Diego it was about 90 minutes each way.
Hey Lake Elsinore Area, Corona, Norco are booming and allthough are only 45 miles to 75 to SoCal Metro, their prices are much cheaper. Then not to mention good size home. But hey plenty of jobs there too! Again, it's like commuting from Plano to Forth Worth... ain't close either and I'm sure traffic during 7am and 5pm too...
Laguna hill to SD (depending on what part of SD) I would say that is right?
What's the complaint there? Garland to Forth Worth isn't a quick drive either. And reason why price differences here... living here you've seen it yourself, u get what you pay for.
Put simply, CA has a little bit of all 49 states here. If you want to live near some of the greatest cities in the world... it costs and is something only 5% of the population can afford. CA dreaming..
Put simply, CA has a little bit of all 49 states here. If you want to live near some of the greatest cities in the world... it costs and is something only 5% of the population can afford. CA dreaming..
No, you don't get what you pay for. If the value of life in Southern California was worth the cost, then the region would not have a net outflow of migrants.
On the other hand, if living in Southern California was overpriced, then you would have a net outflow of people looking for a better deal elsewhere.
As we have seen from several sources, there is in fact negative net migration from SC.
In the case of DFW, it is underpriced. You get much more than you pay for. Thus, DFW has a massive net inflow. Especially from Southern California.
Robin Hood is still alive and well. The property wealthy districts payments went down, but it is still happening. Here's an article from a few months ago about one district who tried to say No to paying their first payment as a property wealthy district. They ultimately paid it.
Wimberley school district challenging Texas' 'Robin Hood' finance law | Dallas Morning News | News for Dallas, Texas | Texas Regional News (http://www.dallasnews.com/sharedcontent/dws/news/texassouthwest/stories/012808dntexwimberley.2c73fcc.html - broken link)
No, you don't get what you pay for. If the value of life in Southern California was worth the cost, then the region would not have a net outflow of migrants.
I don't see many of our wealthy moving... and what i really meant by that was scenery and weather.
On the other hand, if living in Southern California was overpriced, then you would have a net outflow of people looking for a better deal elsewhere. If you check out the census, Southern CA is still growing, look at our 4 major counties, SD/LA, Riverside/San Bernardino all still growing... not sure where the flow is?
As we have seen from several sources, there is in fact negative net migration from SC.
[b]Maybe so... but not last time I checked... and keep in mind they're moving to cheaper parts of the state as well, like central valley.
Los Angeles County QuickFacts from the US Census Bureau
Looks like SoCal is still growing, just not as fast as TX...
I think the myth that people are leaving is true, but they're coming just as fast... (believe me I know many personally who've left and just as many to come)
In the case of DFW, it is underpriced. You get much more than you pay for. Thus, DFW has a massive net inflow. Especially from Southern California.
Cost of housing and jobs... that's why 90% of people move
I guess, just to sum it up.... CA may have alot of people moving, but just any many and more coming in. We grew from the last census count. Then again, I've been saying growth isn't always good. You don't want riff raff coming in either. Places in CA that had the most growth also have the most crime and I'm sure that's true anywhere (not biggest increase, but index) Excellent response by the way.
You're confusing the phenomenon of absolute growth with that of domestic migration, between Cali and the rest of the United States. The degree of net domestic migration is an index, a proxy, of how Americans view California, and how Californians view the value of their own state. By Census Bureau figures and estimates, Cali has negative net domestic migration, more Californians leave than Americans enter. In the early and middle of the 20th century, there was, by contrast, massive net domestic migration to California.
The Southern California counties are getting larger, but only because of their birth rate minus the death rate. Also because of foreign immigration. They are not growing from net domestic in-migration. In fact, more Californians leave for other states in the US than arrive from other states in the US. Also, it is true that San Bernardino and Riverside counties are growing at the expense of other SoCal counties.
You don't see many wealthy people moving? No, the wealthy usually locate a place they like and can afford to stay there. There are plenty of wealthy people in DFW as well.
DWong, growth is good because it is an indicator of desirability, at least for the class of people who are mobile. SoCal is not as desirable a destination in the eyes of Americans as it could be, but it is still somewhat desirable enough to its residents to be able to hang on to some of them... even though it is losing many of them. When you lose skilled, prosperous middle class people through migration out of state, you lose their skills, their capital savings, and their ability to pay taxes. The demographics of the population that is growing consist of unskilled children who of course pay no taxes and consume resources, and also unskilled Third World immigrants who are marginal taxpayers.
When a family sells their 1200 sq ft WWII era cottage for $450,000 and leaves the state, that reduces the amount of capital in the state, money that would otherwise go to finance jobs and pay for improvements to the state's infrastructure. In essence, Cali is paying people to go away, the class of people it cannot afford to lose. And also, that it cannot really afford to pay.
[quote=USA_Mom;3913162]Then please give me some links to NEW 3000 square foot homes within 30-45 miles of say Anaheim or downtown San Diego for $250K, on an average lot, with upgrades, a 3 car garage, 3500 square feet, and a home theater. They were not there when I left for $200K about 15 years ago and I'm sure they are not now.
Can't give you an example of that and neither can DWONG! His link to Centex is not relevant because Oxnard and Ventura are not close to Anaheim or SD as you requested.
I did show homes out in Lake Elsinore and here was the best home we saw:
4 bdrm 3 baths, 2 car garage 2995 sq ft built in 2006. REO asking $310,000.
And Lake Elsinore is about 43 miles from Disney in Anaheim. Now I am sure even in Lake Elsinore what usamom is asking for is more than 250,000.
The point is that out here you have to move a good distance out to even find a nice home in the 250,000 price range. I am showing homes to the average working family with 2-3 kids. And they are going to be commuting on avg 60 miles ea way to their jobs. One is a Marine recruiter and him and his wife want to be in ORANGE CO. but it ain't gonna happen at this time. So they are looking at Lake Elsinore, Riverside County. I have to believe that no one wants to commute 60 miles/120 daily to a job. Now it's not as easy as finding a job closer for some depending on what field they are in. Trust me one client has been looking. The Marine has no choice right now. But you don't have the choices that you have in DFW.
Dwong what you are not looking at is that if someone was going to move to Dallas or Ft Worth areas they have the same options in home prices on both sides. Here in CA we don't. Let's say someone works at Boeing in Long Beach or gets hired there. They come here looking for a home at least 3000 sq ft, 4 bdrms 2 car garage and they DONT want a commute. In the Lakewood, Long Beach areas they would be looking at... I am checking the MLS...
Two homes came up and one is $899,000 and the other is $969,000. Both in the best parts of Long Beach, Bixby and Los Altos areas.
Now granted the relo to Boeing can move to a 3/4 bdrm 1200 - 1600 sq ft for around $450 to under $600 grand in Lakewood or some decent parts of Long Beach. Some nice parts of North Long Beach there are homes in the mid 300's. But again you don't get the sq footage. Even if he was willing to commute say up to 20 miles he is not gonna find what he WANTS under 300.
You're confusing the phenomenon of absolute growth with that of domestic migration, between Cali and the rest of the United States. The degree of net domestic migration is an index, a proxy, of how Americans view California, and how Californians view the value of their own state. By Census Bureau figures and estimates, Cali has negative net domestic migration, more Californians leave than Americans enter. In the early and middle of the 20th century, there was, by contrast, massive net domestic migration to California.
Yes I probably am confusing it. Just wanted to clarify that allthough we are sure losing people, we're gaining some too. Many mind you from TX as well - from my experience as a landlord for over 5 years now, 50% came from TX, 25 % Illinois, 25% everywhere else (including CA). Wait did u say how people "view CA" was how they measured it? Eek.. I can name more things I don't like about CA than I like too. Doesn't mean I'd move though. So we have a net domestic migration... I see....
The Southern California counties are getting larger, but only because of their birth rate minus the death rate. Also because of foreign immigration. They are not growing from net domestic in-migration. In fact, more Californians leave for other states in the US than arrive from other states in the US. Also, it is true that San Bernardino and Riverside counties are growing at the expense of other SoCal counties. birth rate - minus death rate.... isn't that the same everywhere though? I would agree though that we have the largest foreign immigration by far... I believe it was 5:1 in CA than in TX (good and bad to it). Yes San Bernard grew and so did Riverside by leaps and bounds but so did LA/SD/OC counties (none lost population)
You don't see many wealthy people moving? No, the wealthy usually locate a place they like and can afford to stay there. There are plenty of wealthy people in DFW as well. Kinda my thesis, but if you can be the lucky 5% of the pop who can afford to live here... you probably wouldn't choose anywhere else....Lots of wealthy people in DFW own homes here too right on the beach Don't see the opposite happening...
DWong, growth is good because it is an indicator of desirability, at least for the class of people who are mobile. SoCal is not as desirable a destination in the eyes of Americans as it could be, but it is still somewhat desirable enough to its residents to be able to hang on to some of them... even though it is losing many of them. When you lose skilled, prosperous middle class people through migration out of state, you lose their skills, their capital savings, and their ability to pay taxes. The demographics of the population that is growing consist of unskilled children who of course pay no taxes and consume resources, and also unskilled Third World immigrants who are marginal taxpayers. Ehh... wait a second... desirability or where low cost of houses and jobs are..... big difference. Hawaii is desirable too.. even my CA standards their real estate is too high! Hey did u see my post why CA is practically a 3rd world country?
1. Highest gap between rich and poor
2. whites are a minority
3. our biggest growing industry are service jobs
4. high real estate
5. liberal government
6. a government that verges on communism/socialism
When a family sells their 1200 sq ft WWII era cottage for $450,000 and leaves the state, that reduces the amount of capital in the state, money that would otherwise go to finance jobs and pay for improvements to the state's infrastructure. In essence, Cali is paying people to go away, the class of people it cannot afford to lose. And also, that it cannot really afford to pay.
Well, guess what, that $450k house is now taxed at 2008 value not, 1945 value. Plus someone's living there, obviously working... In the eyes of our greedy government, they love it when people sell their homes here... heck it pays my salary... But CA is not for the family, which most adults have. Married w/ children. To do that in CA - good luck to you, but better off to start easy and maybe have a decent living, TX is your best calling no question.
Without racking my brains much, whatever I have left... CA is still growing... from where... somewhere apparently. According to the last census...we added almost the same amount of people as TX. Break it down any further, it you're splitting hairs
Either way, you know you're stuff.... and as always look to a response..
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