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California Real Estate
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07-18-2009 03:58 AM
Re: California Real Estate
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07-18-2009 02:01 PM
Re: California Real Estate
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07-18-2009 02:06 PM
Re: California Real Estate
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07-18-2009 09:45 PM
Re: California Real Estate
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07-18-2009 11:34 PM
Re: California Real Estate
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07-19-2009 12:36 AM
I think Jazzman's take on it is just as superficial as the people he describes.
I grew up in the Midwest and spent more than 1/2 my life there so I believe I can comment intelligently on it. Yes, you can buy a big house on a big lot, but as that all there is to life? Remember, you are stuck with being in the Midwest, with miserable weather and closed minded people. While that doesnt describe everywhere in the Midwest (Chicago and Twin Cities for example), the stereotype for the most part rings true. It took me coming out here to truly realize what I wasnt missing back "home".
Try starting a business in an emerging field like tech back in the Midwest...good luck. People are extremely tight with their money, not just for investment purposes, but for buying any of your product or service. Everyone will ask you, "Why would you want to do something risky and start a business when you can work for someone else?" Seriously.
Then you get the religious nutbags who dont believe in crazy things like science and evolution who control politics back there. They are stuck in the Middle Ages.
The weather is horrible, it is either sleeting, snowing, and freezing with overcast skies every morning that you wake up in the winter, or it is ridiculously humid, so much that you cant go outside for an evening walk without feeling like you are in a steambath. You are lucky to get 2 nice months of fall and 2 nice months of spring. The rest of the year is miserable.
As for the family part, I have two young girls who are school age and the schools here are as good as anywhere. You can raise kids here as well as in the Midwest. It used to be that you could shelter kids from things back in the Midwest, but that was before the invention of cable TV and the Internet. Kids grow up just as fast there as they do anywhere. Don't believe me--check out how many small town kids in the Midwest are in to meth and having sex too early. Not to mention things are so boring back there in the suburbs that kids are always looking to get into trouble.
Yes, it is over developed, especially in LA, and crowded with people. However, everyday I wake up I feel like I am on vacation. I can make a decent living here, even enough to compensate for the increased cost of living. I can eat at my choice of different ethnic restaurants. People are diverse here, unique in their own ways, and all around, much more interesting to be around. I have the ocean and natural beauty in places like Palos Verdes, Malibu, the desert, the mountains.
In the Midwest, you have FLAT...
That's my take as someone that has lived in the Midwest, Southeast, and now, So Cal. There has to be some reason people continue to move here. I dont see a huge exodus of people moving there, and for good reason.
Re: California Real Estate
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07-19-2009 03:08 AM - edited 07-19-2009 08:42 AM
buyerinwaiting wrote:
As for the family part, I have two young girls who are school age and the schools here are as good as anywhere.
Really!... Is that why LAUSD is one of the worst school systems in the country?
Your post is actually as shallow as the one you claim to be responding to. All you talk about is weather and stereotypes about "midwest" people.
Re: California Real Estate
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07-19-2009 07:02 AM
Also, don't forget the effect of Prop 13. Property taxes are limited to around 1% of the property value. Many states have higher property tax rates. The good thing is that Californians are guaranteed to have a ceiling on their property taxes, which helps house values. The bad thing is that the state therefore has to rely more on more unstable and fluctuating sources of revenue, which in a deep recession will lead to the kind of budget mess that our state is in right now.
Re: California Real Estate
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07-19-2009 07:30 AM
JustSomeGuy wrote:Also, don't forget the effect of Prop 13. Property taxes are limited to around 1% of the property value. Many states have higher property tax rates. The good thing is that Californians are guaranteed to have a ceiling on their property taxes, which helps house values. The bad thing is that the state therefore has to rely more on more unstable and fluctuating sources of revenue, which in a deep recession will lead to the kind of budget mess that our state is in right now.
We may have lower property taxes than other states, but as a whole we pay more taxes per capita than people in other states. Combine our state income, sales, gas + property taxes, and we are in the top 5 when it comes to taxes.
Re: California Real Estate
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07-19-2009 11:07 AM
I dont live in LA proper so your point is moot, Z-W. Most large school systems are not good.
Try looking up the school system in the city of St. Louis. It was taken over by the state. LAUSD is a behemoth and it is bad, but it hasnt been taken over by the state. I know a little bit about school systems, being Im on the school board of our town.
I think growing up and living 28 years in the Midwest gives me a little leeway to make generalizations. I realize that not everyone in the Midwest is as I describe and not everyone in LA is as the previous posters described. However, my comments are based on lots of years of observation. Have you lived for any length of time in the Midwest, CA, and other parts of the country?
As for CA taxes, Prop 13 is the reason the other taxes are so high. It would be nice if they could fix this so we wouldnt have such high income and sales taxes. The chances of this are pretty slim though (changing Prop 13 and lowering any taxes)



