Why work until I am ready to drop dead at 70 when I can retire like a king in my mid 40’s and have great weather and gorgeous women?
Just try getting something done in a developing country though. It will drive you crazy! Everyone has to be paid off, and never mind the work ethic – we work the hardest here, and it shows.
As to why CA homes cost more, I would like to add that our labor costs are higher. Minimum wage here is much higher than other states, (like TX,) subsequently everything related to labor costs more, and when we’re talking about skilled labor, rates easily get way beyond minimum wage.
Another factor is Workman’s Comp insurance. As a manufacturer, it’s my second highest bill after my rent. Can you imagine what kind of rates builders pay? Astronomical. Arnie’s helped a bit, but they’re still way too high.