sdr & others: I’ve tried to let this thread die a natural death but you keep reviving it. It appears I must be a threat to your livelihood.
Contrary to your statements, I did not leave SD unappreciative of the amenities and livelihood it gave me in abundance. The recent (and increasing) exodus to other states from CA is prompted by differences in cost of living, government policies (esp. taxes and utility costs), and lifestyle choices.
Incidentally, while you often cite RE differences between my St. George/Washington City area vs. San Diego, I’d remind you that CA refugees are fleeing to all neighboring states, plus Florida. Let’s think beyond St. George vs. San Diego.
Regarding your “proof” that St. George is not doing well RE-wise, your data is not accurate. A major local realtor said our average price is up 8% over the past year and there are 13% more “pending” sales. My four rental properties here never have turnover, and I raise the rent annually (as promised when they begin).
Hollywood has discovered us, as Kevin Kostner is in love with the area, and will be building a 120,000 S/F “Territory Studio” near our airport, since he has made & starred in movies here of late.
Speaking of the airport, the work-from-home trend has many people keeping their job in San Diego and L.A. and flying to their big-city job a few times a month. They are here for the lifestyle and cost of living.
Finally, you seem to take pride in the high and rising cost of housing in San Diego, and especially your rarefied neighborhood by UCSD and the ocean. Good for you and the rich people around you, but I bet the average Piggington reader does not take comfort from this.
Our lower cost of housing is largely due to abundant land, cheaper construction costs, decent government, etc. Your own figures show that a $950,000 ticky-tack 50-year old Mira Mesa house will get you a new 3000 SF mansion with forever views in St. George suggests that current trends will continue.
