[quote=flyer]Much of what you are saying is true, BG, but, over half of our kids friends who don’t want to move out of San Diego did receive college degrees, and then decided they didn’t want relocate for jobs.
They can’t get the jobs they want here, and they don’t want to move. Not a pretty picture for them or their parents.
In addition, others who have left for jobs have not been able to get back with comparable jobs, let alone buy homes when they do return.
Just passing on what we’re seeing.[/quote]
You state here that your friends’ kids didn’t want to leave SD for a good job in their field. What about other parts of CA? If they accept positions in other CA coastal counties which pay higher than SD, they can save up money to buy a house and sell it 5-10 years later for a profit, giving them a downpayment to buy a house in (lesser expensive) SD County.
An engineer (civil, soils, petroleum, wastewater, etc) can make a LOT of money anywhere in CA, even Fresno or along US 395 (on the other side of the sierras).
If they take their first job in “flyover country” and even eventually buy a house there, they won’t likely be able to recover enough upon sale a few years later to return to SD for a job and buy a house. But they CAN save up money because their housing expenses will be lower, whether they’re buying or renting. I would advise them if they do this with the goal of returning to SD to NOT buy a house there but instead rent.
This assumes they relocate for a job to the southwest, midwest or south (NOT the rockies or most of the eastern seaboard [coastal] as it’s too expensive to live in those cities relative to what they will make there).
SD companies will hire experienced people from other locales. I would think having family in SD would be a bonus to a SD job applicant but most employers with good FT job openings here want experience and you have to get that somewhere if you don’t have any.
SD County is glutted with experienced and overqualified workers for their jobs and also has a lot of VERY experienced “retirees” who will work on an as-needed basis (with no benefits) and need little to zero training. This is very attractive to most local employers.