Goodbye to San Diego

[sdrealtor]

NY and Boston not cheap. Denver not cheap anymore. Austin not cheap anymore. Raleigh still cheap but getting more expensive by the day. Seattle and Portland not cheap. Phoenix not cheap anymore. Cleveland is cheap.. Have at it

[Sdcateacher]

Idaho is over, the fabled day sof getting a spread and agreat house are gone. The #1 destination according to the WSJ is Northern Idaho. Want a great house, low taxes a cheap cost of living? North Carolina or and hour outside of Knoxville. Oklahoma as well. Buy your spread, bank money and spend your free time traveling.

[Sdcateacher]

Hahah
I was telling people Ohio, Oklahoma and Iowa will become hot markets for people that can either work from home or retiree and enjoy low taxes and a low cost of living. Plenty of nice areas in those states and you can spend your spare time traveling.

[EconProf]

Some observations from living here in St. George/Washington City for 4 weeks now.
The people here are friendly, overwhelmingly white (a mixed blessing), young (Utah has the youngest state population), and athletic. Hiking, bicycling clubs abound, gyms aplenty, and everything is cheap, from gasoline to restaurants, to taxes. Ethnic restaurants aplenty, and I count 8 Thai restaurants for SDR to try. No ocean views, but snow-capped mountains visible from everywhere in town. Last of the snow just disappeared however.
Our Brio development of 800 or so homes is about half built out. Since prices are going up so fast, the developer is no longer setting a fixed price and then committing. Instead, you get to bid on a finished product, and then it could become a bidding war. Average time on market for homes in town is 6 days. The broker sets a price, then gives people 5 days to come in with their best offer over that–all cash or pre-qualified only need apply.

[svelte]

Have a friend who sold their house for $1M and moved to Texas and purchased a similarly priced house. They got about 1,000SF more and pay 3.3 percent property tax.

They are bored. And their San Diego house has went up 40% in value since they sold it.

Another friend moved to Texas about 5 years ago, then moved to Oklahoma last year. He said leaving California is the worst mistake he ever made…now he’s priced out of the areas he liked in CA so it is impossible for him to come back.

I know there are many who move to other states and are happy as a clam. I just don’t personally know them.

[sdduuuude]

I wonder if “snowbirding” will become popular for working empty nesters if the working-remote thing sticks.

Could I sell my home in San Diego and buy two kick-ass properties in two different cities – one for Summer living and one for Winter living ?

Tucson for the Winter, Denver in the Summer, for example.
or Phoenix / Idaho or Austin / New Hampshire, etc.

[The-Shoveler]

[quote=sdduuuude]I wonder if “snowbirding” will become popular for working empty nesters if the working-remote thing sticks.

Could I sell my home in San Diego and buy two kick-ass properties in two different cities – one for Summer living and one for Winter living ?

Tucson for the Winter, Denver in the Summer, for example.
or Phoenix / Idaho or Austin / New Hampshire, etc.[/quote]

I think actually a condo would work better than a SFH in this type of case (Need someone to look after it while your gone for months at a time).

Although in general I am against owning condos.

[gzz]

EP: Sounds like Park City UT in the summer, except it wasn’t cheap.

A bidding way in a small Utah town, or anywhere outside large coastal cities, sounds like a very bad move for the buyer.

Short term factors could see a 20% jump in prices in one year, but long term Utah should see housing prices rise only at the level of construction costs.

That’s probably on a 2 to 3% long-term growth trendline in middle america.

Utah will see its electricity costs go up when it has to close down its legacy coal power plants. It won’t go up to California levels, but the gap will partly disappear.

[sdrealtor]

[quote=sdduuuude]I wonder if “snowbirding” will become popular for working empty nesters if the working-remote thing sticks.

Could I sell my home in San Diego and buy two kick-ass properties in two different cities – one for Summer living and one for Winter living ?

Tucson for the Winter, Denver in the Summer, for example.
or Phoenix / Idaho or Austin / New Hampshire, etc.[/quote]

Nobody wants to live in Tucson

[The-Shoveler]

“Nobody wants to live in Tucson”

Sounds like the Girl in the flatbed Ford looking for an escape.

My bad that was Winslow

[Coronita]

I actually like san diego. I don’t consider it a liberal cesspool. I think it’s pretty well balanced.
I like the bay area, because of the tech scene.

Given the two, I won’t mind switching between the two locations to live.

I don’t care about L.A. L.A. is an armpit imho.

I’ve contemplated selling one of my properties and cashing in on the appreciation. Don’t need the money, it rented out $1000/month more than last year. I’ll let it ride.

[sdrealtor]

[quote=The-Shoveler]”Nobody wants to live in Tucson”

Sounds like the Girl in the flatbed Ford looking for an escape.

My bad that was Winslow[/quote]

Its sdudes hometown 😉

[scaredyclassic]

[quote=The-Shoveler][quote=sdduuuude]I wonder if “snowbirding” will become popular for working empty nesters if the working-remote thing sticks.

Could I sell my home in San Diego and buy two kick-ass properties in two different cities – one for Summer living and one for Winter living ?

Tucson for the Winter, Denver in the Summer, for example.
or Phoenix / Idaho or Austin / New Hampshire, etc.[/quote]

I think actually a condo would work better than a SFH in this type of case (Need someone to look after it while your gone for months at a time).

Although in general I am against owning condos.[/quote]

One nice van.

[sdduuuude]

[quote=sdrealtor]Nobody wants to live in Tucson[/quote]

Tucson is a great place to be from.

[sdrealtor]

[quote=sdduuuude][quote=sdrealtor]Nobody wants to live in Tucson[/quote]

Tucson is a great place to be from.[/quote]

That’s what I always say about the Philadelphia area

[Author]

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