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Buying & Selling Real Estate

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Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
4,138
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7,606
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People are fleeing California, are you?

Karen Margrave
  • Realtor, General Contractor, and Developer
  • Redding, CA & Bend OR
ModeratorPosted Jun 7 2018, 18:08

I was born and raised in CA. It's so heartbreaking to see what is happening to it.  A recent poll says that 46% of the people plan on leaving the bay area. Let's do our own poll (FOR CALIFORNIANS or those that recently left in the past 5 years) 

  • Do you live in California? 
  • Have you lived in California in the past 5 years?
  • If so, where?
  • Will you be staying or leaving? 
  • Why?
  • What is your full time income producing job?  

User Stats

89
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16
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Derek Torculas
  • Specialist
  • Redding, Ca
16
Votes |
89
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Derek Torculas
  • Specialist
  • Redding, Ca
Replied Aug 20 2018, 19:23

Hello @Karen Margrave,

I have recently moved to Redding California and I am staying due to family and also think there is still much opportunity. Development is happening even though it is minimal. What is the best way to reach you? I am marketing for more opportunities in the area as we speak. Thanks!

Detek Torculas 

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1
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0
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Replied Sep 6 2018, 05:42

Do I live in CA?  Yes.

Lived here my whole life, born here in 1959

Where?  South Bay Area of SF Bay Area

Stay or leave.  I lean stronger and stronger every day to leaving, and have been considering it and looking at houses and condos in other areas for a good three years at this point.

Why?  Un-affordability, brother and other family have moved to the Moscow, ID/Spokane WA area, the traffic here, crowds everywhere, inundated with "high density" being built everywhere, 

Income producing job, --former accountant, retired early, another reason to leave, in retirement I have to be more conservative and make my nest eggs last as long as possible.

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Account Closed
  • Los Angeles, CA
46
Votes |
95
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Account Closed
  • Los Angeles, CA
Replied Jan 17 2019, 06:55

The middle class is definitely fleeing, but the state is still growing, at a slower and slower pace though about 0.61% this year. The population growth is likely to stall and maybe slightly decline in the coming decade as more american middle class families move out to more affordable states. High income households usually have fewer kids compared to middle and working class so the population is aging very quickly and the net migration rate is declining. The long term outlook is therefore negative demographic wise

States such as Texas, Florida and Utah are on the other hand adding massive demographic gains 

User Stats

1,134
Posts
140
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Gina Stern
Pro Member
  • Investor
  • Boca Raton, FL
140
Votes |
1,134
Posts
Gina Stern
Pro Member
  • Investor
  • Boca Raton, FL
Replied Jan 17 2019, 08:46

@Karen Margrave I used to live in Agoura Hills, SoCal, its still lovely there BUT boring :)

User Stats

627
Posts
204
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Stephen Masek
  • Investor
  • Mission Viejo, CA
204
Votes |
627
Posts
Stephen Masek
  • Investor
  • Mission Viejo, CA
Replied Jan 25 2019, 16:52

We all need to be watching the vote in 2020 to kill Proposition 13 protection for commercial & industrial real estate.  The challenge will be educating the vast number of ignorant voters on how money really flows (e.g. if the property taxes on the grocery store go way up, the prices of groceries will go up, if the property taxes on the apartment building go up, rents will go up, if property taxes on you employer go way up, they may have to fire you).  Millions of dollars will surely be spent arguing about it.   I can find this same climate in several parts of Europe and might enjoy having several residences in different nations when I decide to stop working.  

User Stats

16
Posts
1
Votes
Juline R.
  • Investor
  • traveling
1
Votes |
16
Posts
Juline R.
  • Investor
  • traveling
Replied Jan 26 2019, 07:36

Venice Beach 16 years, when I lost my $3200.00 month rent control apartment and the unit upstairs was listed as $8500.00 I left....and the homeless situation is terrible on top of it.   Unless you are in sales or tech, the salary ranges can't keep up with the cost of living. 

However, I miss it, I can't find anything else in the USA that seems to satisfy...Denver is too cold, may try San Diego.   I have attempted the east coast road trip and some time in St Pete Fl.... just not finding my people out here, when I looked for live music the other day and found none....well that did it....back to Cali I think.

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4,341
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1,719
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Sam Shueh
  • Real Estate Agent
  • Cupertino, CA
1,719
Votes |
4,341
Posts
Sam Shueh
  • Real Estate Agent
  • Cupertino, CA
Replied Jan 26 2019, 07:49

Right! Leave 69 degree F in February southern California coast and move to Midwest in subzero weather.

User Stats

45
Posts
50
Votes
Kevin Barnard
  • Rental Property Investor
  • Los Angeles
50
Votes |
45
Posts
Kevin Barnard
  • Rental Property Investor
  • Los Angeles
Replied Jan 26 2019, 08:04
  • Do you live in California?  
  • Yes, Born and raised 
  • Have you lived in California in the past 5 years? 
  • Yes 
  • If so, where? 
  • Gardena California 
  • Will you be staying or leaving? 
  • This is our great debate , staying for now . As long as I still get paid to sit in this ridiculous traffic I can deal with it.
  • Why?
  • Parents are 5 miles away and in their mid 70s , I can still afford to live comfortably here. I do dream of having acreage not far from a drag strip and not paying income tax in Texas but for now I"m staying put despite being taxed on investments outside of California. 
  • What is your full time income producing job?  
  • Commercial Refrigeration Technician plus Rental Investment income that doesn't come close to my w2 wages for now

User Stats

2
Posts
1
Votes
Cole Wooten
  • Specialist
  • Temecula, CA
1
Votes |
2
Posts
Cole Wooten
  • Specialist
  • Temecula, CA
Replied Jan 26 2019, 08:13

@Karen Margrave

Great post, as I am trying to figure out the market here! My wife and I just moved to Temecula in November. We were born and raised in Northern California (Mt. Shasta and Santa Rosa). I joined the Marine Corps and we spent the last 5 years in Hawaii. Now at Camp Pendleton, but we both love California and we'll be here at least for another 4 years! Oh, and the U.S. Marines is still my income-producing job.