U-Haul shows moves to California

[Coronita]

I’m guess considering that CA is still one of the major employers of various industries, that it’s still better off than a lot of places that people moved to…I’m guess some of the folks that moved out of state because they felt it was too expensive to own here and finding out that when times are good, you can take the “I’ll work in a lower cost area”…But when times are bad, some of those lower cost areas have no jobs and opportunities.

I think what made a lot of places like NV,AZ,OR thrive was the hype of real estate bubble, when “investors” that no longer could afford to speculate in CA for property started looking outside the state for a quick-buck flip opportunity like in NV,AZ,OR,NM, subsequently driving up home prices in those lower cost areas and with that stimulating the economy in those areas.

I was almost going to purchase RE in those states, and went with the crowd to those states to check things out. Aside from real estate appreciation, I was baffled how any of the local people would be able to afford the new high prices of those homes. Take Oregon for instance. Some homes that use to sell for $300k appreciated to $600k in a few months, when clearly the Oregon economy and job market could not support that sort of level. (Ever wonder why you cannot fill up your own gas in Oregon..Yup unemployment problem…And that was BEFORE this economic meltdown)..Digging deeper into some of those homes, I was finding a lot of those homes were being bidded up by CA folks who took out equity from their primary in CA to speculate…. So much of those local economies were heavily dependent strictly on RE bubble, with no other industry or job supporting those levels. Yet, those bubble times created a lot of fluff jobs in those areas that normally would not have existed.

Now that some of those Real Estate “Investors” are getting slaughtered, the so called strength in economies of those states are were nothing more than an illusion that went when as some of those CA “investors” lost their shirt. As screwed up as CA is, it probably still has more opportunities than some of those other states folks started moving to for “more affordable cost of living”.

Also, if you’re going to be unemployed/uninsured, the best state to be in is CA afterall…

For the longest time, the media was reporting how “well” Oregon real estate was holding up, and part of me was thinking that this can’t sustain because the employment scene was never that good in Oregon…Well looks like I was right. Oregon currently has the highest unemployment rate in the nation.

[waitingpatiently]

My Dad is one of those!! He moved out of state in 2006 because housing prices were insane. He is now looking to move back because as he says “he can afford it now”. I am one who is cheerleading another leg down in prices but i am beginning to think that it may not happen or may drag on for years and years to come.

[waitingpatiently]

My Dad is one of those!! He moved out of state in 2006 because housing prices were insane. He is now looking to move back because as he says “he can afford it now”. I am one who is cheerleading another leg down in prices but i am beginning to think that it may not happen or may drag on for years and years to come.

[waitingpatiently]

My Dad is one of those!! He moved out of state in 2006 because housing prices were insane. He is now looking to move back because as he says “he can afford it now”. I am one who is cheerleading another leg down in prices but i am beginning to think that it may not happen or may drag on for years and years to come.

[waitingpatiently]

My Dad is one of those!! He moved out of state in 2006 because housing prices were insane. He is now looking to move back because as he says “he can afford it now”. I am one who is cheerleading another leg down in prices but i am beginning to think that it may not happen or may drag on for years and years to come.

[waitingpatiently]

My Dad is one of those!! He moved out of state in 2006 because housing prices were insane. He is now looking to move back because as he says “he can afford it now”. I am one who is cheerleading another leg down in prices but i am beginning to think that it may not happen or may drag on for years and years to come.

[BuyerWillEPB]

temeculaguy said, “anyone I’ve ever known that actually left, R/E played a significant role”

BINGO!

We left 10 months ago and RE was the only reason. I was hanging on waiting with most of you Piggington folks until they announced the Land Bank scheme there in San Diego. Once I realized the govt. and corps. were going to do everything they could to keep the fraudulent house prices sky high, it was the last straw.

Now we’re doing much better. Our standard of living is 3-4 times better than what we could afford in San Diego. Plus, I can even afford to get my pilot’s license too. Yes, there is a whole big world out there besides CA.

Looks like I got out just in time too. What with all your new taxes and cuts coming down the pipeline. Oh yeah, the DMV still tried to send me the registration/smog renewal to my NEW address out of the state. Let me tell you what a joy it was to write across that notice in bold letters “I am no longer in California as of …” before mailing it back without my check. My 14 year old pick up would’ve been a guaranteed smog failure this year too. Looks like they lost out on squeezing those extra few $$$ out of me too.

Sweet justice.

[BuyerWillEPB]

temeculaguy said, “anyone I’ve ever known that actually left, R/E played a significant role”

BINGO!

We left 10 months ago and RE was the only reason. I was hanging on waiting with most of you Piggington folks until they announced the Land Bank scheme there in San Diego. Once I realized the govt. and corps. were going to do everything they could to keep the fraudulent house prices sky high, it was the last straw.

Now we’re doing much better. Our standard of living is 3-4 times better than what we could afford in San Diego. Plus, I can even afford to get my pilot’s license too. Yes, there is a whole big world out there besides CA.

Looks like I got out just in time too. What with all your new taxes and cuts coming down the pipeline. Oh yeah, the DMV still tried to send me the registration/smog renewal to my NEW address out of the state. Let me tell you what a joy it was to write across that notice in bold letters “I am no longer in California as of …” before mailing it back without my check. My 14 year old pick up would’ve been a guaranteed smog failure this year too. Looks like they lost out on squeezing those extra few $$$ out of me too.

Sweet justice.

[BuyerWillEPB]

temeculaguy said, “anyone I’ve ever known that actually left, R/E played a significant role”

BINGO!

We left 10 months ago and RE was the only reason. I was hanging on waiting with most of you Piggington folks until they announced the Land Bank scheme there in San Diego. Once I realized the govt. and corps. were going to do everything they could to keep the fraudulent house prices sky high, it was the last straw.

Now we’re doing much better. Our standard of living is 3-4 times better than what we could afford in San Diego. Plus, I can even afford to get my pilot’s license too. Yes, there is a whole big world out there besides CA.

Looks like I got out just in time too. What with all your new taxes and cuts coming down the pipeline. Oh yeah, the DMV still tried to send me the registration/smog renewal to my NEW address out of the state. Let me tell you what a joy it was to write across that notice in bold letters “I am no longer in California as of …” before mailing it back without my check. My 14 year old pick up would’ve been a guaranteed smog failure this year too. Looks like they lost out on squeezing those extra few $$$ out of me too.

Sweet justice.

[BuyerWillEPB]

temeculaguy said, “anyone I’ve ever known that actually left, R/E played a significant role”

BINGO!

We left 10 months ago and RE was the only reason. I was hanging on waiting with most of you Piggington folks until they announced the Land Bank scheme there in San Diego. Once I realized the govt. and corps. were going to do everything they could to keep the fraudulent house prices sky high, it was the last straw.

Now we’re doing much better. Our standard of living is 3-4 times better than what we could afford in San Diego. Plus, I can even afford to get my pilot’s license too. Yes, there is a whole big world out there besides CA.

Looks like I got out just in time too. What with all your new taxes and cuts coming down the pipeline. Oh yeah, the DMV still tried to send me the registration/smog renewal to my NEW address out of the state. Let me tell you what a joy it was to write across that notice in bold letters “I am no longer in California as of …” before mailing it back without my check. My 14 year old pick up would’ve been a guaranteed smog failure this year too. Looks like they lost out on squeezing those extra few $$$ out of me too.

Sweet justice.

[BuyerWillEPB]

temeculaguy said, “anyone I’ve ever known that actually left, R/E played a significant role”

BINGO!

We left 10 months ago and RE was the only reason. I was hanging on waiting with most of you Piggington folks until they announced the Land Bank scheme there in San Diego. Once I realized the govt. and corps. were going to do everything they could to keep the fraudulent house prices sky high, it was the last straw.

Now we’re doing much better. Our standard of living is 3-4 times better than what we could afford in San Diego. Plus, I can even afford to get my pilot’s license too. Yes, there is a whole big world out there besides CA.

Looks like I got out just in time too. What with all your new taxes and cuts coming down the pipeline. Oh yeah, the DMV still tried to send me the registration/smog renewal to my NEW address out of the state. Let me tell you what a joy it was to write across that notice in bold letters “I am no longer in California as of …” before mailing it back without my check. My 14 year old pick up would’ve been a guaranteed smog failure this year too. Looks like they lost out on squeezing those extra few $$$ out of me too.

Sweet justice.

[Nor-LA-SD-guy]

Like I said in other threads, Ca unemployment is about 2% higher now than it would be because of people moving here from other states and looking for work here.

Not that unemployment is not bad here, but the numbers are being Exasperated somewhat.

I still say that there will be a spike in prices in the hardest hit areas when the economy starts to recover, other areas I think will be flat to slow increases.

One more note, (not necessarily a positive one),

Not everyone moves in a U-haul, especially the young and maybe not so rich ones (or just flat broke).

[Nor-LA-SD-guy]

Like I said in other threads, Ca unemployment is about 2% higher now than it would be because of people moving here from other states and looking for work here.

Not that unemployment is not bad here, but the numbers are being Exasperated somewhat.

I still say that there will be a spike in prices in the hardest hit areas when the economy starts to recover, other areas I think will be flat to slow increases.

One more note, (not necessarily a positive one),

Not everyone moves in a U-haul, especially the young and maybe not so rich ones (or just flat broke).

[Nor-LA-SD-guy]

Like I said in other threads, Ca unemployment is about 2% higher now than it would be because of people moving here from other states and looking for work here.

Not that unemployment is not bad here, but the numbers are being Exasperated somewhat.

I still say that there will be a spike in prices in the hardest hit areas when the economy starts to recover, other areas I think will be flat to slow increases.

One more note, (not necessarily a positive one),

Not everyone moves in a U-haul, especially the young and maybe not so rich ones (or just flat broke).

[Nor-LA-SD-guy]

Like I said in other threads, Ca unemployment is about 2% higher now than it would be because of people moving here from other states and looking for work here.

Not that unemployment is not bad here, but the numbers are being Exasperated somewhat.

I still say that there will be a spike in prices in the hardest hit areas when the economy starts to recover, other areas I think will be flat to slow increases.

One more note, (not necessarily a positive one),

Not everyone moves in a U-haul, especially the young and maybe not so rich ones (or just flat broke).

[Author]

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