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January 10, 2011 at 10:49 PM #652097January 10, 2011 at 11:43 PM #651013
Eugene
Participant[quote=bearishgurl]
Eugene, your first, Otay Mesa listing does not fit the demographics of the Austin listing and is also at least 14 mi from dtn SD. Your second, Valencia Park listing is perfect. That’s where the comps are.[/quote]I’m not sure if distance from downtown is a very meaningful metric. A person living in the first Otay Mesa house probably has more jobs available within the 15 mile radius than someone living in the Austin house.
One other neighborhood that mostly fits the demographics (income/education, if not the racial structure) is in the north county: Escondido between Lincoln and El Norte.
January 10, 2011 at 11:43 PM #651082Participant[quote=bearishgurl]
Eugene, your first, Otay Mesa listing does not fit the demographics of the Austin listing and is also at least 14 mi from dtn SD. Your second, Valencia Park listing is perfect. That’s where the comps are.[/quote]I’m not sure if distance from downtown is a very meaningful metric. A person living in the first Otay Mesa house probably has more jobs available within the 15 mile radius than someone living in the Austin house.
One other neighborhood that mostly fits the demographics (income/education, if not the racial structure) is in the north county: Escondido between Lincoln and El Norte.
January 10, 2011 at 11:43 PM #651663Participant[quote=bearishgurl]
Eugene, your first, Otay Mesa listing does not fit the demographics of the Austin listing and is also at least 14 mi from dtn SD. Your second, Valencia Park listing is perfect. That’s where the comps are.[/quote]I’m not sure if distance from downtown is a very meaningful metric. A person living in the first Otay Mesa house probably has more jobs available within the 15 mile radius than someone living in the Austin house.
One other neighborhood that mostly fits the demographics (income/education, if not the racial structure) is in the north county: Escondido between Lincoln and El Norte.
January 10, 2011 at 11:43 PM #651799Participant[quote=bearishgurl]
Eugene, your first, Otay Mesa listing does not fit the demographics of the Austin listing and is also at least 14 mi from dtn SD. Your second, Valencia Park listing is perfect. That’s where the comps are.[/quote]I’m not sure if distance from downtown is a very meaningful metric. A person living in the first Otay Mesa house probably has more jobs available within the 15 mile radius than someone living in the Austin house.
One other neighborhood that mostly fits the demographics (income/education, if not the racial structure) is in the north county: Escondido between Lincoln and El Norte.
January 10, 2011 at 11:43 PM #652127Participant[quote=bearishgurl]
Eugene, your first, Otay Mesa listing does not fit the demographics of the Austin listing and is also at least 14 mi from dtn SD. Your second, Valencia Park listing is perfect. That’s where the comps are.[/quote]I’m not sure if distance from downtown is a very meaningful metric. A person living in the first Otay Mesa house probably has more jobs available within the 15 mile radius than someone living in the Austin house.
One other neighborhood that mostly fits the demographics (income/education, if not the racial structure) is in the north county: Escondido between Lincoln and El Norte.
January 11, 2011 at 7:04 AM #651084EconProf
ParticipantThis house and its carrying costs show us why Californians are moving to Texas in big numbers. Whether you compare living there to San Carlos, El Cajon, or Chula Vista, the cost difference is stark for essentially the same house.
I just called my cousin in Austin for utility costs for the same sized structure. She paid in the $150s per month for electricity and gas in the summer, and pays in the $60s during the winter. Her water and sewage is in the $60s year round.
California’s utility rates per KWH or Gal. are sky high and about to go higher. Proposition 32 will really goose them very soon, since CA is going to solve the world’s global warming problem.
Much is made of Texas’ property tax, which averages about 2 1/2% of property value, vs. CA’s 1.2% on average. But with their property values half or less than ours for a similar structure, it evens out. BTW, when you move to Texas, you pay NO state income tax.
All of the big Texas cities are gaining residents from the rest of the nation, but Austin in particular is desirable because of its universities, the state capital, and more cultural attractions than Dallas, Fort Worth, San Antonio, and Houston. Austin’s unemployment rate is 8.2%, vs. California’s 12% plus, a result of their business-friendly policies.
People and companies are weighing all these factors and voting with their feet.January 11, 2011 at 7:04 AM #651152ParticipantThis house and its carrying costs show us why Californians are moving to Texas in big numbers. Whether you compare living there to San Carlos, El Cajon, or Chula Vista, the cost difference is stark for essentially the same house.
I just called my cousin in Austin for utility costs for the same sized structure. She paid in the $150s per month for electricity and gas in the summer, and pays in the $60s during the winter. Her water and sewage is in the $60s year round.
California’s utility rates per KWH or Gal. are sky high and about to go higher. Proposition 32 will really goose them very soon, since CA is going to solve the world’s global warming problem.
Much is made of Texas’ property tax, which averages about 2 1/2% of property value, vs. CA’s 1.2% on average. But with their property values half or less than ours for a similar structure, it evens out. BTW, when you move to Texas, you pay NO state income tax.
All of the big Texas cities are gaining residents from the rest of the nation, but Austin in particular is desirable because of its universities, the state capital, and more cultural attractions than Dallas, Fort Worth, San Antonio, and Houston. Austin’s unemployment rate is 8.2%, vs. California’s 12% plus, a result of their business-friendly policies.
People and companies are weighing all these factors and voting with their feet.January 11, 2011 at 7:04 AM #651734ParticipantThis house and its carrying costs show us why Californians are moving to Texas in big numbers. Whether you compare living there to San Carlos, El Cajon, or Chula Vista, the cost difference is stark for essentially the same house.
I just called my cousin in Austin for utility costs for the same sized structure. She paid in the $150s per month for electricity and gas in the summer, and pays in the $60s during the winter. Her water and sewage is in the $60s year round.
California’s utility rates per KWH or Gal. are sky high and about to go higher. Proposition 32 will really goose them very soon, since CA is going to solve the world’s global warming problem.
Much is made of Texas’ property tax, which averages about 2 1/2% of property value, vs. CA’s 1.2% on average. But with their property values half or less than ours for a similar structure, it evens out. BTW, when you move to Texas, you pay NO state income tax.
All of the big Texas cities are gaining residents from the rest of the nation, but Austin in particular is desirable because of its universities, the state capital, and more cultural attractions than Dallas, Fort Worth, San Antonio, and Houston. Austin’s unemployment rate is 8.2%, vs. California’s 12% plus, a result of their business-friendly policies.
People and companies are weighing all these factors and voting with their feet.January 11, 2011 at 7:04 AM #651869ParticipantThis house and its carrying costs show us why Californians are moving to Texas in big numbers. Whether you compare living there to San Carlos, El Cajon, or Chula Vista, the cost difference is stark for essentially the same house.
I just called my cousin in Austin for utility costs for the same sized structure. She paid in the $150s per month for electricity and gas in the summer, and pays in the $60s during the winter. Her water and sewage is in the $60s year round.
California’s utility rates per KWH or Gal. are sky high and about to go higher. Proposition 32 will really goose them very soon, since CA is going to solve the world’s global warming problem.
Much is made of Texas’ property tax, which averages about 2 1/2% of property value, vs. CA’s 1.2% on average. But with their property values half or less than ours for a similar structure, it evens out. BTW, when you move to Texas, you pay NO state income tax.
All of the big Texas cities are gaining residents from the rest of the nation, but Austin in particular is desirable because of its universities, the state capital, and more cultural attractions than Dallas, Fort Worth, San Antonio, and Houston. Austin’s unemployment rate is 8.2%, vs. California’s 12% plus, a result of their business-friendly policies.
People and companies are weighing all these factors and voting with their feet.January 11, 2011 at 7:04 AM #652197ParticipantThis house and its carrying costs show us why Californians are moving to Texas in big numbers. Whether you compare living there to San Carlos, El Cajon, or Chula Vista, the cost difference is stark for essentially the same house.
I just called my cousin in Austin for utility costs for the same sized structure. She paid in the $150s per month for electricity and gas in the summer, and pays in the $60s during the winter. Her water and sewage is in the $60s year round.
California’s utility rates per KWH or Gal. are sky high and about to go higher. Proposition 32 will really goose them very soon, since CA is going to solve the world’s global warming problem.
Much is made of Texas’ property tax, which averages about 2 1/2% of property value, vs. CA’s 1.2% on average. But with their property values half or less than ours for a similar structure, it evens out. BTW, when you move to Texas, you pay NO state income tax.
All of the big Texas cities are gaining residents from the rest of the nation, but Austin in particular is desirable because of its universities, the state capital, and more cultural attractions than Dallas, Fort Worth, San Antonio, and Houston. Austin’s unemployment rate is 8.2%, vs. California’s 12% plus, a result of their business-friendly policies.
People and companies are weighing all these factors and voting with their feet.January 11, 2011 at 9:36 AM #651193evolusd
ParticipantI’ve been very interested in this market as a relocation destination for my family. Finally in touch with a recruiter who has a potential opportunity.
Based on my math, for 25% less gross income I could live like a king in a nice home within 20 miles of downtown and have the same disposable income after my largest expenses (housing & taxes). Schools seem to be better in the neighborhoods I’m looking at based on GreatSchools rankings, anyway.
Definitely something I’d consider for the right opportunity.
January 11, 2011 at 9:36 AM #651261ParticipantI’ve been very interested in this market as a relocation destination for my family. Finally in touch with a recruiter who has a potential opportunity.
Based on my math, for 25% less gross income I could live like a king in a nice home within 20 miles of downtown and have the same disposable income after my largest expenses (housing & taxes). Schools seem to be better in the neighborhoods I’m looking at based on GreatSchools rankings, anyway.
Definitely something I’d consider for the right opportunity.
January 11, 2011 at 9:36 AM #651842ParticipantI’ve been very interested in this market as a relocation destination for my family. Finally in touch with a recruiter who has a potential opportunity.
Based on my math, for 25% less gross income I could live like a king in a nice home within 20 miles of downtown and have the same disposable income after my largest expenses (housing & taxes). Schools seem to be better in the neighborhoods I’m looking at based on GreatSchools rankings, anyway.
Definitely something I’d consider for the right opportunity.
January 11, 2011 at 9:36 AM #651978ParticipantI’ve been very interested in this market as a relocation destination for my family. Finally in touch with a recruiter who has a potential opportunity.
Based on my math, for 25% less gross income I could live like a king in a nice home within 20 miles of downtown and have the same disposable income after my largest expenses (housing & taxes). Schools seem to be better in the neighborhoods I’m looking at based on GreatSchools rankings, anyway.
Definitely something I’d consider for the right opportunity.
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