“Most home in CA have more than doubled since 2010.”
In 2010, we moved from CA to TN. Our house was in Simi Valley, just a few miles from Woodland Hills. Plain ordinary house in a subdivision where the houses all looked alike — nice, but ordinary.
We sold it for $600K. Per Zillow, it passed $1million about three years ago.
(when we got to TN, we bought a 5,000 sq.ft. house on 2.5 acres, on the river for $375K. CA home prices are insane.)
Check out NYS.
Assessments are skyrocketing.
Property taxes are stratospheric.
Asking prices are falling.
People just want out.