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I live in Palmdale. My house was worth $180k in 2011. It's now valued at around $500k. I don't plan to sell. It will drop again when the market and other forces dictate such. It will rise again after that. The seesaw goes up, then it comes down.
It depends a lot on location within the state, economic conditions, housing availability, distance from metropolitan areas, insurance rates in a given area, etc.
So, in a place like Needles (which is technically in California) prices can, and likely will, drop. However, 300 miles to the west in Irvine, prices probably won't ever drop -- unless a ton of new developments come online.
Why would anyone settle for living in Needles or any other of the terrible cities (like Bakersfield, Fresno, etc.) in CA. I seriously don't get it.
I read someone say that when the "Oakies" settled in the Central Valley, it had to be that their cars broke down, because who would want to live in any of those places when the coast is so awesome.
Why would anyone settle for living in Needles or any other of the terrible cities (like Bakersfield, Fresno, etc.) in CA. I seriously don't get it.
I read someone say that when the "Oakies" settled in the Central Valley, it had to be that their cars broke down, because who would want to live in any of those places when the coast is so awesome.
Okies settled in the central valley because they didn't just want to work the farms, they wanted to own the farms. And, that's just what they did. Farming created a lot of rich Okies over the years. there's plenty of success stories with the Okies out there if one wants to do some digging.
Armenians came to the central valley because it reminded them of armenia. They found their second homeland thousands of miles away. Google armenia photos.
The time to move to the coast was in the late 90s and during the great recession. If you missed out buying then, youre SOL. Only affordable places left are santa maria/lompoc, but those places are too "small" for a lot of folks.
The reason to live in the "other california" instead of the "real california"(other=palmdale, palm springs, central valley, etc) is that you get to drive and enjoy the real california whenever you want, but you also don't have to deal with the headaches of actually living there. And, the weather isn't that bad either. ex. Much better weather than dallas(dallaska?) at a lower or similar cost. It's not for everyone, but it certainly isn't the hellhole it's made to be.
Last edited by dontbelievehim; 02-26-2021 at 03:40 PM..
"Location, location, location" mantra has taken quite a hit after COVID showed that most of the work paying salaries that made CA expensive in the first place can be easily done remotely from anywhere in the world. Hollywierd and farms won't do much for propping up real estate if big IT gets communismed out.
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