Is it Time to Move out of California?
The housing market is still down, but somewhat stabilizing. The economy is still bad. California’s leaders throw away lots of money. And as much as our politicians say they want to get things done, very little ever gets done. But let’s get back to the home market side.
With all of these home renovation and home selling shows, we see couples in Middle America buying huge houses on sizable pieces of property for what would be the cost of a two or three bedroom home here in California. True, you would have to figure out the cost adjustments for the living condition of each state. Everyone else’s minimum wage is not eight dollars an hour. But houses that would be millions here in California are half the price in other states.
Many people have already taken flight from California, as conditions get worse and no clear solutions are in sight. And who could blame them? Aside from the cheaper housing, many other states offer more freedom. California has just become synonymous for one big set of rules you have to follow. If you want to do any work on your house, there is a whole series of hoops to jump through to get permits and pass inspections. It is a whole ordeal. While ideally under the guise of safety, it has more so just become a money making scheme. But again, I digress.
California has its high points and low points, as I assume all of the states do. Maybe it is just a touch of the grass being greener on the other side.