- This topic has 450 replies, 29 voices, and was last updated 2 weeks, 6 days ago by sdrealtor.
February 22, 2021 at 3:32 PM #820609February 22, 2021 at 3:42 PM #820610sdrealtorParticipant
You’d need a different wife to move there but finding one doesnt appear to be an issue thereFebruary 22, 2021 at 3:52 PM #820611
The Villages are calling you and Econ Prof
lol! Believe it or not, when I saw the OP, the first thing I thought of was The Villages!
I heard about it through Youtube…I stumbled across “The Villages Florida Newcomers” channel. While that channel doesn’t talk about the debauchery discussed in your link and the couple running the Youtube channel are probably fine folk, the whole environment they discuss makes me recoil a bit. Maybe I’m not old enough yet.February 22, 2021 at 3:58 PM #820612sdrealtorParticipant
The Villages are filled with small town, mid america blue collar folks with 5 to 1 widowed females to males. Think bearishgurl as your typical residentFebruary 22, 2021 at 4:11 PM #820614barnaby33Participant
Wherever it is, it sure seems affordable until all the locals slash your tires because you’re a California equity locust driving up local costs! Still good luck.
JoshFebruary 22, 2021 at 5:05 PM #820615gzzParticipant
Your 16k current property tax means you paid about 1.5M.
1/3 is 500k but only 3k property taxes. That’s absurdly low rate. Some Texas and NJ suburbs pay 15-20k on a 500k house. Place with ultralow property taxes like that either have few children or have a huge non residential tax base.
What makes less sense is why a long time resident of boomer age isn’t locked into a much lower rate because of an older purchase.
Vastly lower utilities? Our gas and water isn’t especially high. Our electricity is, but also is just about the cleanest mix outside of areas blessed with lots of hydro. I am OK paying a bit extra to not use coal.
New construction may be very well insulated. But when I lived in the Midwest we hated how stuffy the house would get in winter so we opened the windows a crack or two unless it was below 20. That was expensive but fresh air is worth it.
I am not against leaving SD, but the only dry and warm climate I could enjoy would be NV or AZ. Florida and south texas are too humid and insecty, everywhere else too cold.February 22, 2021 at 5:08 PM #820616gzzParticipant
Having 1 million less in RE in this market means you’re leaving a 150k equity gain on the table in my estimation. Sounds like you might have other exposure though.
Personally I will probably hold until the next RE bubble.February 22, 2021 at 5:22 PM #820617scaredyclassicParticipant
could be including mello roos?February 22, 2021 at 5:42 PM #820619
[quote=sdrealtor]The Villages are filled with small town, mid america blue collar folks with 5 to 1 widowed females to males. Think bearishgurl as your typical resident[/quote]
Wow. I didn’t know that.
I just went to their website (thevillages.com) and something did stick out…not one photo of anyone who wasn’t lily white.
Looking at Google Maps, that is one HUGE development!
https://www.google.com/maps/place/The+Villages,+FLfirstname.lastname@example.org,-82.0555099,30146m/data=!3m2!1e3!4b1!4m5!3m4!1s0x88e7c1561da39a99:0x553b129a94b4af67!8m2!3d28.927019!4d-82.0037608February 22, 2021 at 5:47 PM #820620
I am not against leaving SD, but the only dry and warm climate I could enjoy would be NV or AZ. Florida and south texas are too humid and insecty, everywhere else too cold.[/quote]
I’ve lived in my share of states west of the Mississippi and decided early on I’d rather be scraping by in California than rich anywhere else. When it comes down to it, money doesn’t mean as much to me as the environment where I live.
If others decide to leave, best wishes and I’m all for it. One less resident here!February 22, 2021 at 6:01 PM #820622EconProfParticipant
So far only one Pigg nailed it.
Another hint: great sceneryFebruary 22, 2021 at 6:35 PM #820623scaredyclassicParticipant
prescott it isFebruary 22, 2021 at 8:19 PM #820627ucodegenParticipant
[quote=EconProf]So far only one Pigg nailed it.
Another hint: great scenery[/quote]
Humm.. that makes me think St George, UT… which is about 40 miles outside of Zion National Park. It is also near Snow Canyon State Park and Red Cliffs National Conservation Area.
I went through there early fall 2020 on a visit to Bryce and Zion. It was a bit warm in St. George and Zion. Bryce’s weather was very nice though. Good timing on my part though because about a week later it snowed in Bryce.February 23, 2021 at 3:20 AM #820629EconProfParticipant
Bingo. sdrealtor also mentioned it.
Population about 150,000 in the metropolitan area and growing like crazy. Zion National Park about 30 minutes away and Vegas two hours south. Weather a bit better than Phoenix and Vegas because of higher elevation–5-10 degrees cooler in summer and winter.
Because of its growth, everything is new there–stores, housing developments, national chains, etc. Everything within about a ten minute drive, on great roads, and I-15, which runs through it.
The people are young, have conservative politics, good schools (they largely did not close down from COVID, and in gyms few wear masks), no visible homeless people, and economy booming. Yes, I’ll invest in RE there.
The people are about two-thirds Mormon, which we are just fine with. Makes for large, healthy-looking families, hard workers, clean government, old-fashioned family values, low taxes.February 23, 2021 at 5:52 AM #820630HobieParticipant
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