Let say I can get a nice place in the CA countryside for 50 cents on the dollar. Would it be worth it? Has the low balling started? I am past worrying about schools and all of the BS.
People are leaving in vast numbers for a reason.
Would you just want to flip houses, or are you talking about actually living there?
Man, I wouldn’t to CA if the property was *given* to me, and you paid me above whatever salary I would get there.
I doubt it would be worth it. And whether you care about schools and other BS or not, CA is still going to ding you for it, six ways from Sunday.
Let say I can get a nice place in the CA countryside for 50 cents on the dollar. Would it be worth it? Has the low balling started? I am past worrying about schools and all of the BS.
If you’re OK with the highest state sales taxes in the nation, onerous regulations on every little thing, highest gas prices - which means high food prices, high property taxes and a government that is pro-illegal immigrant and lets criminals out in droves to prey on innocent citizens.
Then yeah, California is a great place to live.
“Let say I can get a nice place in the CA countryside for 50 cents on the dollar. Would it be worth it? Has the low balling started? I am past worrying about schools and all of the BS.”
Home Prices are rising in the good places to live.
They are falling in Gay Frisco, Oakland and parts of LA.
American buyers with cash are fleeing from NY, Chicago area and even LA and buying homes in the other areas often before the Real Estate agent finishes driving the for sale sign stake into the ground.
The non ChiComs from Hong Kong are still buying with cash.
One of my wife’s best friends here in California has gone into the business of staging homes going on sale with furniture, paintings and even kitchen stuff, with her daughter and 2 other retired friends.
Their only problem is not selling the staging furniture as they prepare the empty homes to sell. Buyers are paying cash for the new homes and buying the staging furniture.
They staged an estate sell and show. Not only did the new buyers buy the home at several thousand more than the asking. The real estate agent had set up a little desk in the foyer and had several offers, The new home buyers bought the home and the staging furniture.
Re property taxes, new buyers get hammered in liberal counties. Prop 13 only protects those who have lived in their home for a year or more.
Our northern counties are more reasonably priced and most are conservative. I’m recommending Butte county to some out of state buyers if they like 4 seasons, and Del Norte for cooler coastal buyers.