Toyota moving to Texas

NEW -> Contingent Buyer Assistance Program
morekaos said:
See Ya Tax Base!!  My neighbor, long time resident and his son, also born and raised in the area are putting up their houses.  One $4 million dollar water front and a $2 million off the water house.  Moving to Bozeman Montana.  These are California natives, born and raised here.  Moving business with them too.  Just sick of the California's business unfriendly environment, over regulation and taxes along with the rising lawlessness.  That is truly sad that we lose these vibrant long time contributors to our state because of bad policy and a hostile business environment.  These are the citizens and tax payers we should encourage but blind bureaucrats don't see it.


As I have said before in this thread, there are more coming in than leaving... I'm sure their decision to leave is not purely due to business. Even without the regulation and taxes, sounds like they want to enjoy a more country lifestyle.
 
irvinehomeowner said:
morekaos said:
See Ya Tax Base!!  My neighbor, long time resident and his son, also born and raised in the area are putting up their houses.  One $4 million dollar water front and a $2 million off the water house.  Moving to Bozeman Montana.  These are California natives, born and raised here.  Moving business with them too.  Just sick of the California's business unfriendly environment, over regulation and taxes along with the rising lawlessness.  That is truly sad that we lose these vibrant long time contributors to our state because of bad policy and a hostile business environment.  These are the citizens and tax payers we should encourage but blind bureaucrats don't see it.


As I have said before in this thread, there are more coming in than leaving... I'm sure their decision to leave is not purely due to business. Even without the regulation and taxes, sounds like they want to enjoy a more country lifestyle.

That is certainly not what they say...they would rather stay but this place is getting untenable...they hit a breaking point.  They are not alone. I have at least 5 clients currently looking for the exits. I have had dozens leave over the last 5 years.  All natives, all sick of it. None really wanted to go. Wait till Newsome announces his budget for next year...they will be shocked, shocked at that unexpected shortfall in revenue...then what do you think will happen?  Massive tax increases on "The Rich" (really all of us left) ...here it comes!!
 
irvinehomeowner said:
As I have said before in this thread, there are more coming in than leaving... I'm sure their decision to leave is not purely due to business. Even without the regulation and taxes, sounds like they want to enjoy a more country lifestyle.

Is that statement true?
https://www.ksbw.com/article/more-americans-leaving-california-than-ever-before/30905768#
"Between 2007 and 2016, some 5 million residents moved in to California and 6 million people moved out to other states ? a net loss of about 1 million residents. People making $55,000 or less a year were mostly moving out of California between 2007 and 2016, the report found, while people making more than $200,000 a year moved in, according to the US Census Bureau."

So basically more Tesla bros and less Kia drivers. 

 
bones said:
irvinehomeowner said:
As I have said before in this thread, there are more coming in than leaving... I'm sure their decision to leave is not purely due to business. Even without the regulation and taxes, sounds like they want to enjoy a more country lifestyle.

Is that statement true?
https://www.ksbw.com/article/more-americans-leaving-california-than-ever-before/30905768#
"Between 2007 and 2016, some 5 million residents moved in to California and 6 million people moved out to other states ? a net loss of about 1 million residents. People making $55,000 or less a year were mostly moving out of California between 2007 and 2016, the report found, while people making more than $200,000 a year moved in, according to the US Census Bureau."

So basically more Tesla bros and less Kia drivers. 

Are we referring to people or businesses? Sheer population I think Cali stagnated in 2019, as for businesses, predictors pre-covid bode well for us:
https://www.latimes.com/business/story/2019-12-05/california-economy-ucla-forecast

California?s economic growth will slow next year, but it is likely to outshine that of the nation overall, as Golden State employers boost payrolls, according to a new UCLA Anderson School forecast.

[..]

California?s major population regions experienced job growth above 2% this year, except for Sacramento and Los Angeles. The U.S. outside of California experienced just 1.35% growth, the same as Los Angeles.

I guess we will see at the end of 2020 and into next year.
 
irvinehomeowner said:
bones said:
irvinehomeowner said:
As I have said before in this thread, there are more coming in than leaving... I'm sure their decision to leave is not purely due to business. Even without the regulation and taxes, sounds like they want to enjoy a more country lifestyle.

Is that statement true?
https://www.ksbw.com/article/more-americans-leaving-california-than-ever-before/30905768#
"Between 2007 and 2016, some 5 million residents moved in to California and 6 million people moved out to other states ? a net loss of about 1 million residents. People making $55,000 or less a year were mostly moving out of California between 2007 and 2016, the report found, while people making more than $200,000 a year moved in, according to the US Census Bureau."

So basically more Tesla bros and less Kia drivers. 

Are we referring to people or businesses? Sheer population I think Cali stagnated in 2019, as for businesses, predictors pre-covid bode well for us:
https://www.latimes.com/business/story/2019-12-05/california-economy-ucla-forecast

California?s economic growth will slow next year, but it is likely to outshine that of the nation overall, as Golden State employers boost payrolls, according to a new UCLA Anderson School forecast.

[..]

California?s major population regions experienced job growth above 2% this year, except for Sacramento and Los Angeles. The U.S. outside of California experienced just 1.35% growth, the same as Los Angeles.

I guess we will see at the end of 2020 and into next year.

I can't read the article because paywall, but that was also preCOVID. https://www.bizjournals.com/losange...nias-economic-recovery-will-take-3-years.html

So who knows what will happen business wise.
People wise, I think that trend will continue... more leaving than coming. High COL, more remote jobs, wildfires, taxes, etc, etc.  It's not easy to hack it in this state in the desirable counties - if you don't have family ties here, it's not "worth it".
 
Agreed... but just like Irvine, every hood has its warts.

Texas: Heat, less Disney amenities :), no snow, concealed carry :)... and uh... demographics?
 
It seems higher incomes are moving in, and at smaller numbers than the lower incomes moving out.

I personally am happy to have a less crowded state with residents who are more apt to pay higher state taxes.   
 
daedalus said:
It seems higher incomes are moving in, and at smaller numbers than the lower incomes moving out.

I personally am happy to have a less crowded state with residents who are more apt to pay higher state taxes.   

The problem is they will just keep coming to you for more taxes. Until they force you to move out.

We always thought we would retire in San Diego and we still may. But we are also more open now to a places with no/lower taxes.
 
Isn't the real irony that they move to places like Pheonix, Nevada, Texas and proceed to start replicating all that evil  Gub'ment they fled?
 
qwerty said:
daedalus said:
It seems higher incomes are moving in, and at smaller numbers than the lower incomes moving out.

I personally am happy to have a less crowded state with residents who are more apt to pay higher state taxes.   

The problem is they will just keep coming to you for more taxes. Until they force you to move out.

We always thought we would retire in San Diego and we still may. But we are also more open now to a places with no/lower taxes.

Wouldn't mind retiring here:https://www.redfin.com/FL/Winter-Garden/8762-Bayview-Crossing-Dr-34787/home/113064079

Just give me a boat, a Disney World annual pass, and a diamond cruise membership and I'm good.
 
aquabliss said:
qwerty said:
daedalus said:
It seems higher incomes are moving in, and at smaller numbers than the lower incomes moving out.

I personally am happy to have a less crowded state with residents who are more apt to pay higher state taxes.   

The problem is they will just keep coming to you for more taxes. Until they force you to move out.

We always thought we would retire in San Diego and we still may. But we are also more open now to a places with no/lower taxes.

Wouldn't mind retiring here:https://www.redfin.com/FL/Winter-Garden/8762-Bayview-Crossing-Dr-34787/home/113064079

Just give me a boat, a Disney World annual pass, and a diamond cruise membership and I'm good.

Now that is a lot right there. As a retiree, I?ll be in the water (pool, beach, etc) or inside. So what and humidity won?t be much of an issue, nothing a good AC unit can?t take care of.

Aqua had convinced me - see you in Florida!!
 
I need to retire in a place where I can walk/bike/play basketball outside without dying from heat/humidity.

And with Covid probably being with us forever, outdoor dining is the new normal.
 
irvinehomeowner said:
I need to retire in a place where I can walk/bike/play basketball outside without dying from heat/humidity.

And with Covid probably being with us forever, outdoor dining is the new normal.

No way outdoor dining will be the new normal. The winter season is going to kill restaurants if they rely on outdoor dining. Vaccines are are near and the treatments will get better as they understand the disease more.

Life back to normal 2022!
 
Dr. CA Real Estate said:
Now if we can just get all these people leaving to leave sooner. Could use more housing inventory

I'm with you. I want people to leave... Make California Affordable Again... MaCaAfAg!! :)
 
daedalus said:
Jeffrey Gundlach Tells Realtors in Low-Tax States to ?Give Me a Call?
https://finance.yahoo.com/news/jeffrey-gundlach-tells-realtors-low-153210183.html

Losing these taxpayers will hurt...Gundlach is a smart guy...

Elon Musk, Joe Rogan and Ben Shapiro, to name just a few, are leaving California to escape incompetent governance. The ?response? from Sacramento? Wealth and massive income tax increases on job creators (AKA ?the wealthy?). Should I align with 3 smart guys, or Sacramento? Hmmm.

? Jeffrey Gundlach (@TruthGundlach)
September 26, 2020

...and with that in mind our brilliant leaders...

Taxes are likely to go up for the wealthy in these nine states

Legislators in New York, California, Massachusetts, Maryland and other states have renewed their efforts to hike taxes on high earners.
States are facing multibillion-dollar revenue shortfalls due to the costs of the coronavirus pandemic and lost revenue from shuttered businesses.
Democratic lawmakers argue that the wealthy ? who have largely escaped the economic hardship of the pandemic ? should pay more of the costs and help those who have suffered most.

https://www.cnbc.com/2020/09/25/taxes-are-likely-to-go-up-for-the-wealthy-in-these-nine-states-.html
 
It's actually a bad thing for the states who take in these "California tax/social issue refugees". These expats want the same perks of a spend, spend, spend government but refuse to pay for it by hiding their wealth in a low taxation state. Eventually California refugees will begin changing local, then state political views over time, bringing blue state values to red states they fled to - only without the $$$$$$ to pay for their imported nonsense. Californians will continue ruining what was a better run state government when they arrived - Texas being a prime example. 20 years ago if anyone in Austin suggested defunding the police, they would be railroaded out of town. Today, you are warned with billboards by the police unions that "you're on your own" and the State has threatened to intervene with their troopers to re-inforce law and order.

With so many imports from other states, these kinds of ideas are now considered acceptable by a majority. My guess is if you took a poll of Texans, Georgians, Montanan's or Floridians and compared "born and raised in state" views to those arriving within the last 10 years, you'd see a pretty wide divide in opinions on many issues. I'm old enough to remember when those in Idaho and Oregonian's would put up signs asking people not to sell homes to Californian's (Mid 1980's). Ask someone in Portland how things have changed since the late 1980's - if you can still find someone considered a "local". It's pretty clear from what we can see today via the news how things there have gone from good, to bad, to worse.


My .02c
 
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