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Old 08-04-2009, 01:24 PM
 
1 posts, read 2,411 times
Reputation: 10

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Afternoon All,

Please give your two cents worth on my situation.

My wife and I are thinking about moving from a large city on the east coast to Los Angeles. We do not have jobs lined up as of yet, but if we make the decision to move will begin applying 6 weeks before we go.

We will have 12,000-15,000 saved up, looking for a place for between 1,200 and 1,600. We have both worked for non profits for the past 3 years, and have college degrees.

I guess I am looking for advice as to whether this is in the "don't do it" category, or if you think we have enough saved up to keep us afloat for 2-3 months while we try and find work. Or any other opinions for that matter.

Many thanks.
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Old 08-04-2009, 01:40 PM
 
10,630 posts, read 23,949,455 times
Reputation: 6716
Don't do it without a job lined up for at least one of you, at least not in this economy. 2-3 months sounds very, very optimistic for finding a job. My LA-based nonprofit employer has laid off people, reduced hours, and frozen new hiring. It's like that for many other employers. By all means apply for jobs from afar, but at this point in time it could easily be a disaster. I would strongly suggest trying to find work first, or at least staying where you are for now and waiting before jobs are more plentiful before moving. You could easily burn through your savings before you find work.

Sorry to sound so negative. In a different time and maybe in a different place your scenario might work, but right now, no, I wouldn't risk it.
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Old 08-04-2009, 02:40 PM
 
518 posts, read 1,318,904 times
Reputation: 210
6 months before you land a job is more realistic, but that is still optimistic. Don't to it, unless you have a job lined up, family to fall back on, decide to go back to school (masters, prof degree etc)...or if you're willing to risk financial security because you just really like LA.
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Old 08-04-2009, 09:12 PM
 
1,714 posts, read 5,543,960 times
Reputation: 688
I agree with uptown and irvine. The economy is not being kind right now.
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Old 03-02-2010, 04:07 PM
 
2,147 posts, read 4,461,419 times
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Also,12-1600 is not really likely in LA,in an area you want to live in. More like 1600-2000. 1600 would be the minimum. The economy,several months later,is still not being kind! ):
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Old 03-02-2010, 05:07 PM
 
58 posts, read 116,530 times
Reputation: 14
I dont live in LA but I have been there a few times.
Like anything, don't move until stuff is lined up. May be take a trip down to LA and spend some time. Flick across the resume and see what response you get. Make contacts etc etc. You know what I am saying...

Regards to 1200-1600. I think is doable. It depends on your lifestyle of course but I live in a very decent area in West LA and pay 1700 for a 2 bed room spacious apartment. I could so easily get a decent one around the same area for 1500.

ALl the best.
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Old 03-02-2010, 09:41 PM
 
Location: CA
1,212 posts, read 2,357,693 times
Reputation: 1240
Quote:
Originally Posted by lrmsd View Post
Also,12-1600 is not really likely in LA,in an area you want to live in. More like 1600-2000. 1600 would be the minimum. The economy,several months later,is still not being kind! ):
That would be the minimum for a 2 bedroom but for a 1 bedroom the minimum would be $850 and the building would be considered old because it was built in the 70's. I personally don't think that's old but that's because i'm from the UK. I've seen a lot of couples down-grade to a 1 bedroom because of the economy.
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Old 03-02-2010, 10:07 PM
 
Location: Declezville, CA
16,615 posts, read 34,678,234 times
Reputation: 16957
Quote:
Originally Posted by neilk View Post
I dont live in LA but I have been there a few times.
Quote:
Originally Posted by neilk View Post
but I live in a very decent area in West LA

Make up your mind.
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Old 03-02-2010, 10:11 PM
 
364 posts, read 898,770 times
Reputation: 245
Finchy, please give us an update if you can. I'd like to know if you guys made it out here or stayed on the East Coast.
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