[quote=flyer]Another interesting turn to this thread.
Agree that many Boomers, and younger people just starting out, will most likely have to leave CA for retirement, employment, housing, and tax purposes, but many, like myself, and just about everyone I know, plans to stay–because (after checking out most of the world), there’s no other place we want to live.
Yes, other less expensive, and more tax-friendly areas such as AZ (where we also have some rentals) and TX, etc., are booming again, and I think they will continue to attract many who are looking for financial relief.
As the current population ages, I think you will see places like those mentioned above continue to flourish. CA, and San Diego in particular, is a tough place to sustain a high standard of living from the working years all the way through the retirement years.
Even those who are making the “big bucks” here today, may not be able to sustain their lifestyles here for the balance of their lives–should they choose to do so. Overall, it will be interesting to see how this all plays out over the years.[/quote]
flyer, I agree with this post. Even though I could afford to stay, I just don’t like what SD County has become. I may very well keep my largish house for a rental for a few years in lieu of selling it, just to make “sure” I do not want to come back here in “retirement.” If I do that, I could still purchase a modest house elsewhere if I wished to do so.
I can keep going indefinitely in SD County because I don’t have a very high “overhead.” Taxes are not a big issue with me.
It’s just that I’ve spent nearly my entire adult life living 1100-1700 miles from most of my family members (excepting those still alive in the SF Bay area). The rest of my family members still alive are now 1500+ miles away. I wouldn’t mind living a little closer to them.
There comes a time when one realizes that life can be short, our daily obligations to others are over with and we are free to do what moves us (literally speaking).
I dream of “retiring” in a mountainous setting near a major ski resort 🙂
