I am working on ways to pull off a property here along the coast; but I'm not sure I want to pay for a lot the same it would cost me for a ranch in Idaho along a river bed.
If all you attract are retiree's, then all you are those not producing. The renters, are the young. The professionals are all looking for jobs outside the state.
What is left?
We're in our early 40s, and we've managed well in California. We bought our first home when we were both working as software engineers about 12 years ago. I stopped working about 9 years ago. Now we have 3 kids.
We just bought our 2nd home 2 months ago.
We made 1/2 million dollars on our first home. I couldn't believe it. I'm from Texas and homes don't appreciate like they do in California. I hope we make as much on our 2nd home. When it's time to retire, we can sell our home and buy a much more affordable home and use our home equity for our retirement.