[quote=no_such_reality][quote=SK in CV][quote=no_such_reality]However, my point was to counter the ‘everybody will come crawling back to SD meme'[/quote]
Point taken. People leave for a lot of reasons. I left and it had nothing to do with taxes. I’m quite content but still expect I’ll be back some day.[/quote]
Probably when you retire and have amassed a nicer nest egg than is possible in California.
As someone else said, California’s real problem is the out migration of the $75K-$200K crowd. The people that make lots of bank but in Coastal California are just getting by.[/quote]
What about all the Asian and East Indian immigrants who came to CA to go to school, graduated and then got jobs here in tech, medicine and law? They make “bank” and aren’t hankering to move to St Louis … that is, unless a random headhunter taps them with a more lucrative job offer elsewhere in the country.
They’re paying massive payroll taxes and not leaving by choice or because they have a “housing disconnect.”
The “housing disconnect” occurs primarily in American citizens who can’t accept that the calibur of the house they grew up in will never be theirs, likely because their parents sacrificed far more than they are willing to in order to keep it while they were growing up. It also occurs in the transferred-in employee who is “used” to more space and a newer, larger home out of state. It is very, very hard for these incoming transferees from the flyover states (ESP for their spouses) to “envision” themselves living in a circa 1961 remodeled 2150 sf 4/2/2 in Clairemont (92111) on a 6500 sf lot in order to be close to their new job in LJ.
These are the ones who tend to defect to lizardland and the IE to even get a semblance of the housing that they and their families were “used-to” in less-populous, less-desirable states, turning the transferee into a “road warrior.” The whole family tires of his/her “road-warrior” lifestyle and transfers out within five years instead of finding a place closer in.