If you were to leave Orange County due to high unemployment and high living costs?

NEW -> Contingent Buyer Assistance Program
[quote author="Trooper" date=1232263487]<em>The property taxes on our $300k house are <strong>$8700/yr</strong>. </em>



Say WHAT?</blockquote>


No Prop 13 in Texas.



The real question is why would Panda go to Georgia? Hot-lanta would be very disappointing to you, given what you've posted.
 
[quote author="Trooper" date=1232263487]<em>The property taxes on our $300k house are <strong>$8700/yr</strong>. </em>



Say WHAT?</blockquote>


Yep, ~3.3% minus a weird homestead exemption everyone gets on their primary residence. That?s why TX real estate did not bubble like other areas.



Some newer developments have almost 4% which includes a MUD (municipal utility district) tax similar to your mello roos.
 
Dang, thats crazy money! I thought my taxes in CT were bad ($4200 for 275K). We work off the Millage Rate which gets re-assessed every year.
 
[quote author="Trooper" date=1232264415]Dang, thats crazy money! I thought my taxes in CT were bad ($4200 for 275K). We work off the Millage Rate which gets re-assessed every year.</blockquote>


If your income is high, TX is a distinct advantage to your tax liability. For two years we netted $17k/year more by living in TX compared to CA. Below a certain income, it may not make sense. There is a retirement provision above a certain age which greatly lowers the property tax rate.



The above is just comparing my house taxes to CA income taxes for our salaries. You can add on whatever property tax a CA house would have to the yearly savings.



That's real crazy money.
 
[quote author="ConsiderAgain" date=1232259440][quote author="no_vaseline" date=1232258948][quote author="ConsiderAgain" date=1232249026][quote author="no_vaseline" date=1232243366]I'd just move back to Bakersfield.



</blockquote>


Whoa. I spent three days there last week for a training class, Texas is better (and that's not saying much).</blockquote>


Don't diss my home town, or I'll put your eye out you big meanie.</blockquote>


My bad. I developed a cough and had watery eyes from the first day I was there, presumably from the air. Everyone told me it was good right now, wait for summer. :)</blockquote>


That's true. There's nothing in the air to be alergic too this time of year. In my case, I have horrible allergies, particularly to grasses and alfalfa. When I was a kid, I used to run a hay baler and a rake seven months out of the year.



It's home, but I don't miss it very much. BUT ITS STILL MY HOME! GO TEAM HOMEBOYS!



(you probablly caught a little cold or something)
 
[quote author="SoCal78" date=1232260644]



I was excited to visit Padre Island and other places along the gulf but was sorely disappointed about the filthy, mucky water (and jellyfish galore.) Tornadoes and hurricanes don't sound too good either.</blockquote>


Ah, that cesspool on the Gulf of Mexico that Texans love because they've never seen a real beach.
 
[quote author="no_vaseline" date=1232268821][quote author="SoCal78" date=1232260644]



I was excited to visit Padre Island and other places along the gulf but was sorely disappointed about the filthy, mucky water (and jellyfish galore.) Tornadoes and hurricanes don't sound too good either.</blockquote>


Ah, that cesspool on the Gulf of Mexico that Texans love because they've never seen a real beach.</blockquote>


I don?t know if its love or just accepting what?s available. CA has advantages to TX and visa-versa. I guess one picks their own poison.



In my previous posts here I have not been advocating TX, on the contrary actually. I was addressing Panda?s post with some firsthand info. It is true most people I meet here are quite happy with TX. Whatever, there?s a place for everyone.



My reasons for staying in TX are gone. Now if I can just talk/rationalize/drink myself into plucking down way too much money for a house in OC, my life would considerably improve in some ways.
 
i'd enjoy Texas just because of my second amendment rights and the car hobby friendly attitude. But i'd have to give up ballroom dancing... hummm



BUT the heat and humidity and driving a jillion miles to get anywhere is annoying.

Yes, 3.8% taxes for my brother in houston. Good luck

-bix
 
There are places in Texas I'd be very happy to live in. Austin is a wonderful town. But I would not be caught dead in South Padre Island. Once was enough.
 
[quote author="blackvault_cm" date=1232245112]Probably either Europe, Asia or Hawaii



oh and Dubai..yes...Dubai



EDIT: Forgot I'm married...so in a house right next to my mother in law.</blockquote>


I would say that So Cal is nothing or will be nothing compared to Dubai's housing market and overall economy when they get through with their correction.
 
It is very interesting that Arizona and Texas are the top picks from this poll in a hypothetical situation of unemployment for a very long time. I did read somewhere that these two states are very popular destinations for Californians, especially during a down turn of real estate and job market just like that of 1990 - 1995. Between 1995 - 2004, Texas has seen a domestic net migration of 997,634 and immigration from abroad of 930,539. Arizona on the otherhand had a domestic net migration of 794,827 and immigration abroad of 190,931. From this same time period, California has lost 286,775 from domestic net migration (people leaving California due to lack of jobs and opportunities) and 2,300,174 inflow of Immigration abroad (FCBs would fit into this category). I believe that the 2.3 million immigration inflow into California will drop significantly in the next 5 years as we will be headed for some serious deflation.
 
[quote author="PANDA" date=1232279923]It is very interesting that Arizona and Texas are the top picks from this poll in a hypothetical situation of unemployment for a very long time. I did read somewhere that these two states are very popular destinations for Californians, especially during a down turn of real estate and job market just like that of 1990 - 1995. Between 1995 - 2004, Texas has seen a domestic net migration of 997,634 and immigration from abroad of 930,539. Arizona on the otherhand had a domestic net migration of 794,827 and immigration abroad of 190,931. From this same time period, California has lost 286,775 from domestic net migration (people leaving California due to lack of jobs and opportunities) and 2,300,174 inflow of Immigration abroad (FCBs would fit into this category). I believe that the 2.3 million immigration inflow into California will drop significantly in the next 5 years as we will be headed for some serious deflation.</blockquote>


and this is from the same guy who just earlier this eve said he would pay a 40%, no, even a 60% premium to live in So Cal for the weather. Libertarians and Republicans are more likely to be able to adjust to TX. The majority of CA is liberal and could not deal with the culture there. Austin is supposed to be cool, but it's still TX. North Carolina demographics are really changing... If I HAD to, I could live in a number of places there.
 
Screw those desert a$$ towns of AZ and TX... I will happily take my Oregon Pinot vineyard land over all the choices in the poll.



http://www.yamhillvalley.org/member_images/kelty_house.jpg



http://gallery.photo.net/photo/3826722-lg.jpg



http://matadortravel.com/files/imagecache/preview/files/images/oregon+440.jpg



http://farm1.static.flickr.com/23/28649114_3a2b68a4f5.jpg



http://www.voila-catering.com/DavidHillfromAbove.jpg



http://farm1.static.flickr.com/18/24093803_50abf2862f.jpg



http://farm1.static.flickr.com/55/147211784_d6586f50ab_o.jpg



http://farm1.static.flickr.com/27/43197606_4dd5843954.jpg



http://farm1.static.flickr.com/31/43197607_811c50629c.jpg



http://watersecretsblog.com/archives/fall-in-wine-country2.jpg



http://blog.ratestogo.com/wp-content/uploads/2008/04/oregon_dundee_newberg1.jpg



You people are lame if you will leave Cali for places like AZ and TX just because you will net more $ there, when you won't actually net more $ when you factor in the travel costs, the culture costs, the art (a Picasso is a fork in the road in TX, the actual artist is something they forgot in grade school) costs, the theater (do you know any actors who live in TX or AZ?) costs, the fact that you could see a live taping of a Leno etc., you have no beach cost, culinary cost (enjoy applebys, while I grub on tapas and chanterlles), have you been to wine country in TX or AZ... because I hear it is very hard to find a good one. I really could go on, but just know it is hard to replicate what we have here in SoCal, and if I had to leave here, I would leave for a place that I could find a majority of what I enjoy here. I would miss a lot, but hopefully what I miss could be made up for in other ways. The only other place that I think could attempt to make up for it is Oregon wine country, but I know I would miss TK burger.
 
I've lived in TX, AZ, CA, and NM and in my opinion, all are beautiful places in their own way. I am constantly reminded of what an amazing beautiful country we live in and I'm so thankful. Texas has wonderful wildflowers in the springtime next to the freeway and nice green fields and trees but the mosquitos, humidity and rain would hold me back from moving there...it would be nice to get a big fat house with a yard though! NM has wonderful deserts, AMAZING sunsets, big skies and mountains...the elevation provides seasons and a little snow but not too much. I like it there too but the socio-economic factors play a pretty big roll in the sub-par grammar school education system, crimes (LOTS of drunk driving), etc. I like Albuquerque - it was a great place to grow up but it's a little slow. We currently live in Irvine and if we'd have to move, I'd go back to Arizona first. I'm a fan of the desert and I like that the people are real there but you can have a piece of the upscale, CA lifestyle to some degree by going to places like scottsdale. You can afford a decent home with decent schools - I lived in both Tucson and Phoenix and liked both cities. Tucson was very much like Albuquerque and it was nice flashback to my teenage years. As long as my husband came with me, I'm pretty sure we'd find a way to be happy - home is where the heart is, afterall. :) And really, you can find something to do where ever you go.
 
Portland would probably be my choice if I had to leave. There is a terrific food, wine, and beer scene there. Interestingly enough, my parents moved from Portland to Irvine about 30 years ago. Still I can't imagine giving up the weather here.



Graph,



To answer your rhetorical question Tommy Lee Jones lives in Texas on some gigantic ranch. He is probably the exception that proves the rule though.
 
[quote author="Trooper" date=1232264415]Dang, thats crazy money! I thought my taxes in CT were bad ($4200 for 275K). We work off the Millage Rate which gets re-assessed every year.</blockquote>


Don't forget that there is no state income tax in Texas. Personally I think 9.3% of my income is crazy money.
 
Given the fact that CA is among the states with the highest income tax, and highest states tax, and "middle of the pack" property tax, i do agree this state is completely screwed up. There are certain problems we face (i.e. current recession), I can at least expect to see the light at the end of tunnel at some point. Personally, I just don't see how CA is going to climb out of this huge deficit hole without further raising taxes on a permenent basis, which I am about to had enough to contribute.





Since how I vote doesn't really matter much in this state. At somepoint, I just have to vote with my feet.
 
[quote author="graphrix" date=1232305176]Screw those desert a$$ towns of AZ and TX... I will happily take my Oregon Pinot vineyard land over all the choices in the poll.





You people are lame if you will leave Cali for places like AZ and TX just because you will net more $ there, when you won't actually net more $ when you factor in the travel costs, the culture costs, the art (a Picasso is a fork in the road in TX, the actual artist is something they forgot in grade school) costs, the theater (do you know any actors who live in TX or AZ?) costs, the fact that you could see a live taping of a Leno etc., you have no beach cost, culinary cost (enjoy applebys, while I grub on tapas and chanterlles), have you been to wine country in TX or AZ... because I hear it is very hard to find a good one. I really could go on, but just know it is hard to replicate what we have here in SoCal, and if I had to leave here, I would leave for a place that I could find a majority of what I enjoy here. I would miss a lot, but hopefully what I miss could be made up for in other ways. The only other place that I think could attempt to make up for it is Oregon wine country, but I know I would miss TK burger.</blockquote>


MANY actors, along with some of the best athletes (that don't play for AZ teams) live in AZ, or were from there, and return quite frequently. Not really sure why that matters? The head chef at Montage, who is a James Beard award winner, transferred from a restaurant in AZ... I'm just as likely to eat at an applebee's in AZ as I am here, how is it? ;)
 
You must log in or register to reply here.
Back
Top