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Old 12-03-2017, 03:06 PM
 
Location: Southern Highlands
2,413 posts, read 2,028,087 times
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They're leaving California for Las Vegas to find the middle-class life that eluded them
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Old 12-03-2017, 03:29 PM
EA
 
Location: Las Vegas
6,791 posts, read 7,112,421 times
Reputation: 7580
If I was a millionaire, I would live in San Diego.
Without that kind of money, Vegas is the best place you can live.
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Old 12-03-2017, 03:53 PM
 
Location: Kissimmee
347 posts, read 511,646 times
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They're leaving California for Las Vegas to find the middle-class life that eluded them - LA Times
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Old 12-03-2017, 05:36 PM
 
2,951 posts, read 2,516,374 times
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Quote:
Originally Posted by EA View Post
If I was a millionaire, I would live in San Diego.
Without that kind of money, Vegas is the best place you can live.
Being a millionaire, will get you next to nothing in San Diego. CA takes 10+ million to live well. And not end up broke.
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Old 12-03-2017, 06:30 PM
 
28,803 posts, read 47,675,571 times
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If we were (multi)millionaires we sure as hell wouldn't live here anymore.
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Old 12-03-2017, 08:00 PM
 
2,157 posts, read 1,441,352 times
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The way I'd want to live in Las Vegas would take a lot of money, so at least for me I'm better off living in L.A., until I have all the money necessary to enjoy life on my own terms in Vegas. Although the costs are substantial, my earning power is much greater here in L.A. than it would be in Vegas. I do like the idea of a large mansion, beautiful pool, 1 acre lot, all for a million dollars or less. In L.A. that would be much much more in a relatively safe neighborhood.
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Old 12-03-2017, 08:26 PM
 
Location: Lone Mountain Las Vegas NV
18,058 posts, read 10,335,750 times
Reputation: 8828
Quote:
Originally Posted by Tek_Freek View Post
If we were (multi)millionaires we sure as hell wouldn't live here anymore.
Actually I have a couple of clients who are of the multi millionaire level who choose to live in Las Vegas rather than California. One even lives in Sun City Summerlin. The other is about to buy a place in Siena.
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Old 12-03-2017, 10:52 PM
 
927 posts, read 882,487 times
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It seems like most of the migrants we're getting from California are middle class families in their 30s and 40s, not millennials.

This is only off of observational data. Anyone got numbers to back that up, or disprove it?
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Old 12-03-2017, 11:40 PM
EA
 
Location: Las Vegas
6,791 posts, read 7,112,421 times
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Quote:
Originally Posted by foundapeanut View Post
Being a millionaire, will get you next to nothing in San Diego. CA takes 10+ million to live well. And not end up broke.

I could buy a house with 400k to spare if I only had 1 million. I'd be content to live as well there as I do here, so I don't need the 10+ million. It would be nice, but not needed.
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Old 12-03-2017, 11:43 PM
 
6,385 posts, read 11,877,389 times
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Quote:
Originally Posted by foundapeanut View Post
Being a millionaire, will get you next to nothing in San Diego. CA takes 10+ million to live well. And not end up broke.
Exaggerate much? If it costs 10+ million to live well in San Diego, do you mean it would cost you 8+ million to live well in Las Vegas? Because after housing, the cost of living differential isn't that high.
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