Home › Forums › Closed Forums › Properties or Areas › Rural Urban Divide, Millennial Lifestyles & City of the Future
- This topic has 104 replies, 17 voices, and was last updated 5 years, 9 months ago by
FlyerInHi.
-
AuthorPosts
-
August 28, 2019 at 1:56 PM #813392September 11, 2019 at 1:00 PM #813493
FlyerInHi
GuestWow. I have new tenants in Vegas. They are a retired couple.
They lived in Palmdale and commuted daily 100 miles to Van Nuys. Nuts!
They got a killer deal during the recession and just sold. Now they are looking at buying a brand new house in a “nice” neighborhood in the middle of nowhere. I can’t imagine being retired, being so isolated, and dependent on the car, so far from everything.September 11, 2019 at 1:23 PM #813494The-Shoveler
ParticipantHow do you “KNOW” that they are not walking distance to the nearest grocery store and a mile or two from the hospital?
My mother lives on a golf course (with club house pool etc..) is waling distance from a stater brothers (and restaurants etc…) and a mile from the nearest urgent care .
This is in Valencia.
September 11, 2019 at 1:51 PM #813495spdrun
ParticipantThe Shoveler — kids in NYC (generally the outer boroughs, but not the suburbs) actually have more opportunities than suburban kids. Get into a decent high-school and they have co-op programs where they can help do research at local universities like CUNY and Rockefeller.
September 11, 2019 at 1:54 PM #813496The-Shoveler
ParticipantIf they can afford it great!!!
September 11, 2019 at 2:07 PM #813497spdrun
ParticipantIt’s actually cheaper in some ways if you’re lower-middle-class … higher income taxes, but much lower property tax. Transit for $2.75 per ride is also a nice perk — you can get away with one “beater” car if any. The trick is to live like a recent immigrant family and lower your expectations (I have none).
Also, better social welfare programs. Free pre-K, high limits for CHIP, eligibility for $50/mo insurance up to $100k/yr income for a family of four. Defense contractors and big corporations take welfare, no reason why the little guy or girl shouldn’t as well.
And free college for the kids up to $120k/yr family income is another decent perk.
September 11, 2019 at 2:20 PM #813498FlyerInHi
GuestThey told me they had a 3400sf on a hill in the nice part of Palmdale. I’d rather live in an old house near work in Van Nuys. Van Nuys is the suburbs already and Palmdale is like the exurbs. 100 miles to work is nuts! They are late 50s and 60s.
These people are considering a brand new house in Lake Las Vegas which is 1 hour away from the city.I could do a golf community like Laguna Woods. It’s fairly conveniently located in OC.
My cousin in OC bought a retirement house in Fairfield up north. They don’t even go up there because it’s so far from everything and nobody would ever visit. I think retired people should be in a big city or a tourist area such as Santa Barbara so family and friends will visit. If you’re 1 hour away from attractions, people will stay at hotels and never visit.
I was talking to recent Central American refugees. They said gringos are lonely solitary people who live separated by distance and have few family and friends.
September 11, 2019 at 2:34 PM #813499The-Shoveler
ParticipantI went there once (Lake Las Vegas)
Seemed like a decent place to retire to me LOL.
https://www.marriott.com/hotels/travel/laswi-the-westin-lake-las-vegas-resort-and-spa/
September 11, 2019 at 3:43 PM #813500The-Shoveler
Participant[img_assist|nid=26863|title=Lake Las Vegas|desc=|link=node|align=left|width=100|height=67]
Seems like it has grown some since I was there last.
Maybe not a place for me (staying in SD thanks), but probably better than a crappy part of town near the city IMO.
36 minutes from strip.
[img_assist|nid=26864|title=Minutes From strip|desc=|link=node|align=left|width=100|height=32]September 12, 2019 at 10:33 AM #813512Myriad
ParticipantI remember in 2009 when people were concerned Lake Las Vegas was going to drain.
September 12, 2019 at 10:46 AM #813513Myriad
Participant[quote=spdrun]The Shoveler — kids in NYC (generally the outer boroughs, but not the suburbs) actually have more opportunities than suburban kids. Get into a decent high-school and they have co-op programs where they can help do research at local universities like CUNY and Rockefeller.[/quote]
One of the problems of having kids NYC is that your kids have to test in to get into one of the better high schools (Bronx Science, Stuyvesant, etc).
https://www.manhattan-institute.org/performance-of-new-york-specialized-high-schools-shsat
The other schools are not nearly as good, so some parents feel compelled for private schools if they don’t get in. Of course that sets you back $40k/year.On the other hand, here in CA an other states, you buy your way in to a better school district with higher home prices.
But the worst is NJ. High income taxes, high property taxes >2%), schools can be crappy, roads are terrible.
September 12, 2019 at 11:12 AM #813515FlyerInHi
GuestShoveler, if you ever decide to retire in Vegas, look at the Las Vegas country club. It’s right in the middle of the city. The houses are old but nothing a good renovation can’t fix. You’re 5 min from everything. A place like that in any world metro would be worth so much more. No state income taxes on your non-California income.
Btw, the gps does not show door to door time. It’s more like 1 hour to 1.5 hours from lake Las Vegas. I think Celine Dion went by helicopter.
September 12, 2019 at 11:45 AM #813516The-Shoveler
ParticipantI was there a several years ago, did not seem that far at the time (not sure right now why I went there, maybe some RE advertisement we wanted to check out).
But that was non-traffic hours (which if retired is easier to drive during those times).
September 12, 2019 at 1:48 PM #813519FlyerInHi
GuestI am very time and distance sensitive. If you live on a hill, it takes about 15 minutes just to drive down to the main road.
September 13, 2019 at 6:36 AM #813523temeculaguy
ParticipantI’ve toyed with the idea of retiring in Nevada for tax avoidance purposes. Some friends just retired to Henderson and we have other friends who have moved there as well. They purchased a home there and spend 8 moths a year there so they do not pay Ca income tax. Their tax savings equals their mortgage. I realize they are an anomaly with a 250k annual retirement income. They gave their paid off house in SD to their adult son and his wife and grand kids under the agreement that they can keep a bedroom and summer there 4 months a year to avoid the heat in Vegas. Plus they tend to travel abroad during that time too.
Flyer, what do you think of Henderson? Options I’ve looked are a house in henderson or summerlin or a condo or a condotel on the strip in retirement and keeping the Temecula house, I would avoid about 1500/ mo in state income taxes but with the added expenses of two residences (utilities, repair, taxes, housekeepers) always keeps me at bay. We would not be able to rent out the Nevada place for more than 5 months a year or we’d forfeit the tax savings (making the condotel inviting), we may not rent out either place so we could come and go as we please. We do have a very large family who could make use of whichever property we were not at. More than likely we will just have one house in retirement and just pay our taxes and bitch a lot.
-
AuthorPosts
- The forum ‘Properties or Areas’ is closed to new topics and replies.
