Posted on 03/03/2006 7:51:21 AM PST by SmithL
California, which had a population of more than 37 million in 2005, had a net loss of 28,565 people to other states during the fiscal year that ended July 1, according to report estimates.
A department analyst said the loss can't be blamed on a mass exodus similar to one that the state experienced before the dot-com boom of the late 1990s.
Howard Roth, chief economist with the department, said California's housing costs discourage people from other states from moving here.
"The outflow hasn't changed much, but fewer people are coming here," Roth said. "Houses were already unaffordable, but they've become more so in the last two years. It's discouraging people from taking job offers in California."
According to DataQuick, the median price of a house in California was $452,000 in January. In the Bay Area, the median price was $607,000.
(Excerpt) Read more at sfgate.com ...
Overseas money.
The main thing is that our federal tax dollars don't go anywhere near that place when the inevitable federal takeover and bailout happens. Everyone should prepare themselves NOW to launch a massive campaign to let our elected representatives know that those of us from other states will not accept one stinking dime of our tax money going down that toilet.
Like the early 90s but worse. Good opportunity for normal people to buy.
I'm hoping to pull the trigger on my Plan Exodus this year, and for the reason you mention.
Now if we can only get all the New Yorkers that moved here in the 70's out, it may be possible to get this state back to an even keel, politically.
I still remember the sudden appearance of NY license plates everywhere in L.A. after a bad winter in the NE. Like a plague of locusts, and the state lurched leftward shortly thereafter.
There is a lot of truth in that statement. Okies, 49ers and 88ers. That said, sadly, as mentioned up above, some retirees who were Boomer and Silent Generation relocated libs, are cashing out simply to be able to affort retirement. Too much money spent on stupid BS and now they need the equity. I think they are in the minority and we "true Californios" are in the majority, amonst those leaving.
In a way, I am actually looking forward to it. My plan is to make a career change to becoming a land barron. Seriously.
Some people strongly suspect that the Rodgers Creek Fault is the Hayward Fault and that said fault may be changing over to becoming the main locus of plate motion, leaving the Northern San Andreas to slowly become less active. The deal is, that the triple junction up north, between the SAF, the Gorda Ridge and the Cascadia Trench wants to slowly move north. In order to properly close the geometry, at some point, the locus of transform faulting needs to move east. Atwater had some good perspective on this in the day. Hmmmmmm ..... ;)
I've lived in California half my life. (I'm 50.) I'd move back to Oklahoma as soon as I could get packed but, I'm here because I married a California surfer way back when (still married to him) and I won't leave without him. I just live homesick.
Not every Californian can exit easily. Many are tied to jobs or businesses that can't easily be transferred. That's especially true if you own the small business.
And the Plan Exodus really only works for those Californians who own their own homes and have seen dramatic increases in their value.
But for those that do, and can find work in other states, it's almost a no-brainer. In fact, for those nearing retirement, it's a way to have a better and earlier retirement. The money you have left over from the sale of your California home and the purchase of your retirement home elsewhere could be sufficient to live on without the worry of finding a new job.
bump
By definition, anger is the main component of a Dem/lib
The other is their inability to exercise &/or accept responsibility for their own destiny.
Gee, thanks. :^)
Well, I didn't mean it THAT way!
(Denny Crane: "I Don't Want To Socialize With A Pinko Liberal Democrat Commie. Say What You Like About Republicans. We Stick To Our Convictions. Even When We Know We're Dead Wrong.")
That has already been done. The state confiscates 3% of the gross sales price of a home in California. If you purchase another home in California, you can apply to have that money returned. If you leave the state, California keeps the 3%.
That law was passed shortly after I sold my house in San Diego (2001) and moved to Idaho. We have lots of California license plates showing up here too. There really isn't enough housing to deal with the arrivals in my area. New housing is snapped up fairly rapidly around here.
I love seeing the Lone Star Flag flying with pride everywhere I look --
My fave is the Texas-shaped pretzel, it kills me. (They have Texas-shaped cocktail crackers at HEB, too. LOL)
My 2-year-old can recognize the shape of Texas and the word "Texas" anywhere she sees it. She'll yell, "Texas!" (And whenever she sees the Horns' symbol, she screams, "HOOK 'EM!" And we've only lived here since August.
A couple of months ago my 5-year-old tore a hole in the knee of his pants. I expressed my dismay and he attempted to assuage it by saying, "But doesn't the hole look like Texas, mom?" Frankly, it did.
Ahhhh, Texas. The world's largest frat house.
I didn't know you had moved from SoCal to Texas. Welcome!
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