Toyota moving to Texas

NEW -> Contingent Buyer Assistance Program
That is really interesting that even the Chinese are flocking to better value in Texas in lieu of buying on the east and west coasts or Florida and California. They like new homes rather than resale and TX is twice as large as CA in total home production. They're #1 in the country. Interesting.
 
Happiness said:
There is also a large Taiwanese community in Atlanta so expect to see Mainlanders arriving in Atlanta shortly.
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Paging Panda... Paging Panda. Please pick up the red courtesy phone.
 
SoCal said:
That is really interesting that even the Chinese are flocking to better value in Texas in lieu of buying on the east and west coasts or Florida and California. They like new homes rather than resale and TX is twice as large as CA in total home production. They're #1 in the country. Interesting.
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#PostYaoMing

They can get a bigger house and land in Texas.
 
Need statistics on fcb's moving from Cali to Texas.
Is that why some of the newly built resale homes that's never/barely lived in on sale for > $500/sq ft these days...
 
irvinehomeowner said:
#CaliApocalypse

Sorry kaos... even if the taxation, regulation and business environment got worse, businesses will still come here.

It's the first 3 rules of real estate.
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Well...here is another reason...

Average Regular Gas Price


California   3.825  -0.012
Texas       2.483  -0.012
Arizona      2.801  -0.011

Nothing Golden About This Hidden Gas Tax

the cap and trade "tax" on carbon emissions has the potential to increase California?s retail gasoline prices from 16 cents to 76 cents per gallon

http://www.usnews.com/opinion/economic-intelligence/2014/09/10/california-carbon-gas-tax-could-cost-drivers-big

I don't think even ZeneHomes can fix this
 
We are seeing a lot of OEM presence here. Mercedes just moved its head quarters from NJ to Atlanta early this yearhttp://www.ajc.com/news/business/fulton-county-authorities-meet-to-discuss-mercedes/njg7Z/

and I wouldn't be suprised if BMW's headquarter relocates here as well. Porsche's headquarter is located near the airport. A lot of corporate re location and job growth is taking place in metro Atlanta. 

http://m.gwinnettdailypost.com/news/2015/jul/10/arc-atlanta-area-job-growth-rate-second-highest/?templates=mobile&news=

Job Growth is extremely important to monitor. You can see below the correlation between job growth and housing appreciation (MSA). Not too sure about the taiwanese community, but the Korean, Chinese, and Indian community is growing very fast in Metro Atlanta.

Shiller2.jpg


From the chart below you can see that Cleveland, OH has very low home appreciation and very low job growth. If you see Dallas and San Franciso, both cities have very large job growth thus high appreciation in the last 12 months.







SoCal said:
Happiness said:
There is also a large Taiwanese community in Atlanta so expect to see Mainlanders arriving in Atlanta shortly.
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Paging Panda... Paging Panda. Please pick up the red courtesy phone.
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Pandaaaaaaa!!!! Good to see you. I hope everything is going well over there! I hope your family is also well. It looks like your predictions years ago were right on the money and you made a wise decision making the big leap. I bet you are pretty happy right now!
 
Hi Socal, Hope all is well with you too. I can't believe 10 years later we are still posting here. IHB was my first exposure to social media even before Facebook.

I probably need to give my gratitude and thanks to Irvine Housing Blog and BKshopr aka (Irvine Home Shopper) who gave me the foundation of how to analyze real estate data and understanding demographics by studying the history of Irvine's housing market. I believe that faster than normal appreciation can be predicted by thorough study and research of demographic trends. This information has helped me make a lot of money as a buy and holder investor in the northern Atlanta market.

Responding to this post on Toyota moving its headquarters to Texas, I am sure zero state income tax had a major role in the move.

9sdmah.jpg
 

SoCal said:
Pandaaaaaaa!!!! Good to see you. I hope everything is going well over there! I hope your family is also well. It looks like your predictions years ago were right on the money and you made a wise decision making the big leap. I bet you are pretty happy right now!
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Our weather here has been pretty insufferable itself. Has anyone gone outside this summer? Yikes. Or last? Or all through fall? We are having those hot, muggy summers you find on the east coast. This article about El Nino shows that the pressure is creating a weather phenomenon where the northern region of the country, which is normally cooler, becomes warmer on average while the southern region, which is normally warmer, is cooling down. The jet stream is flip-flopping the weather. Meanwhile, the middle region across the country, which we here in California are in line with, is more stagnate due to higher pressure. Panda may be better off in Atlanta.

Watch the video: "Understanding El Nino: The Bizarre Weather Phenomenon"
http://www.dailymail.co.uk/sciencet...-bring-relief-California-forecasters-say.html
 
SoCal said:
Panda may be better off in Atlanta.
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Uh... Johns Creek has been in the 90s most of the month of July whereas Irvine has only gone over 90 once.

Maybe it's hotter in Lake Forest but I'll take SoCal weather over ATL weather any and every day of the week, month or year.
 
Panda said:
Hi Socal, Hope all is well with you too. I can't believe 10 years later we are still posting here. IHB was my first exposure to social media even before Facebook.

I probably need to give my gratitude and thanks to Irvine Housing Blog and BKshopr aka (Irvine Home Shopper) who gave me the foundation of how to analyze real estate data and understanding demographics by studying the history of Irvine's housing market. I believe that faster than normal appreciation can be predicted by thorough study and research of demographic trends. This information has helped me make a lot of money as a buy and holder investor in the northern Atlanta market.

Responding to this post on Toyota moving its headquarters to Texas, I am sure zero state income tax had a major role in the move.
Click to expand...

Congratulations on your financial success, Panda. You did a fantastic job gleaning what basics were provided online and adding to that countless hours of your own research coupled with the wisdom & discernment that few have. Not to mention guts. You hit all the right marks -- Triple Double Wild Cherries -- and it is paying off in spades. I couldn't be happier for you. It has been really fun for me personally, and I'm sure for others, to follow your journey over the years and see where it has taken you. From this point forward, do you see yourself sticking primarily with the northern Atlanta market or would you ever consider also dipping your toes in the waters of Texas's real estate market, for example? I remember you are a fan of the idea of "investing in your own backyard" so I would guess Atlanta will be your focus. While you're at it, how about an update on the twins -- are they driving yet?  ;)

 
Thanks for the kind words SoCal. Looking back, I see that the Lord brought me down to Atlanta and has taken great care of me and my family. I see myself concentrating my investments in the north Atlanta market since I now know this market extremely well. I see Texas and Georgia more like complementary investment markets more than substitutes.  If you look the census data 2010 - 2014, the largest population growth took place in the South. If I forecast the next 15 years, the south will do very well in terms of buy and hold investments in desirable neighborhoods. (Texas, Georgia, Carolinas, and Florida). I also believe that Texas will be the new economic powerhouse state in the future. The only negative with Texas is that the property taxes (3%) and insurance is high, where it makes it challenging to cash flow in the "A Class" neighborhoods with 10 rated schools. California's population is 4x that of Georgia and Texas is 3x Georgia. I see North Carolina, Georgia, and Texas as similar states to invest so i think it will be better to continue to concentrate my investments in my own backyard. 

I went to the Johns Creek Elementary orientation for kindergarderners yesterday. Boy, does time fly. SoCal, I am sure your 2 boys are already taller than you are.   

SoCal said:
Panda said:
Hi Socal, Hope all is well with you too. I can't believe 10 years later we are still posting here. IHB was my first exposure to social media even before Facebook.

I probably need to give my gratitude and thanks to Irvine Housing Blog and BKshopr aka (Irvine Home Shopper) who gave me the foundation of how to analyze real estate data and understanding demographics by studying the history of Irvine's housing market. I believe that faster than normal appreciation can be predicted by thorough study and research of demographic trends. This information has helped me make a lot of money as a buy and holder investor in the northern Atlanta market.

Responding to this post on Toyota moving its headquarters to Texas, I am sure zero state income tax had a major role in the move.
Click to expand...

Congratulations on your financial success, Panda. You did a fantastic job gleaning what basics were provided online and adding to that countless hours of your own research coupled with the wisdom & discernment that few have. Not to mention guts. You hit all the right marks -- Triple Double Wild Cherries -- and it is paying off in spades. I couldn't be happier for you. It has been really fun for me personally, and I'm sure for others, to follow your journey over the years and see where it has taken you. From this point forward, do you see yourself sticking primarily with the northern Atlanta market or would you ever consider also dipping your toes in the waters of Texas's real estate market, for example? I remember you are a fan of the idea of "investing in your own backyard" so I would guess Atlanta will be your focus. While you're at it, how about an update on the twins -- are they driving yet?  ;)
Click to expand...
 
Panda said:
I went to the Johns Creek Elementary orientation for kindergarderners yesterday. Boy, does time fly. SoCal, I am sure your 2 boys are already taller than you are.
Click to expand...

Kindergarten? Oh, my gosh. Where has the time gone. I wonder if they will be in the same class.

Mine are growing so much & so fast. Not quite as tall as me yet but the oldest one is now only an inch shorter than me. He hit his growth spurt early and is off the charts for his age group. When I took him to the doctor for a check-up recently (i.e. the controversial "heroin problem" visit which you've probably read about by now), the doctor said she guarantees he'll be taller than both of his parents and then some. If we go by his growth trajectory, it would put him around 6'3". We'll see. I think that's going to be a weird day soon when I look up to my own kid. I feel like -- how can something that came out of me be bigger than me??  :o lol.
 
Panda said:
The only negative with Texas is that the property taxes (3%) and insurance is high, where it makes it challenging to cash flow in the "A Class" neighborhoods with 10 rated schools.
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I don't know if it's true but I have heard before that states with no income tax have higher property taxes.
 
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2v9dxtt.jpg


Generally it is true, I know that both Florida and Texas have higher property tax and insurance costs, but no state income tax. You have look at it from a holistic view. Millionaires are generally more mobile and will live where the lifestyle is good. Therefore if you are taking into the account the holistic picture of low state taxes and a good lifestyle, Florida seems to be a very attractive state for retirement. You will get taxed at the highest rate for your social security, pension, passive income in California, whereas in Florida, your retirement passive income will not be taxed at the state level.

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Interesting. 
So I need to "live" in Nevada while "renting" in Irvine even if I own both properties. 

How to tell payroll to send w2 to Nevada...
 
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