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We’ve seen various people move out of CA and other locations for various reasons–finances, kids can’t afford to buy a home, family ties, politics–etc., etc.

In EP’s case, he and his family lived the good life in CA for more years than most people ever will, so I don’t think he should have any regrets about his move at this point in time. He’s been here, done that.

Now, for those who need, or say they choose to leave, or check out permanently in their 30’s, 40’s or 50’s–the good life was cut short– so, no matter how they rationalize, they might, if they’re honest with themselves, still have regrets–if, in fact, they’re still among the living.

Personally, we, including extended family, would never be interested in leaving CA completely, for any reason, but if it works for others, hopefully, they’ll be happy with their choices.

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Totally agree with Ecclesiastes 5. Everything, including we ourselves, are transitory. All of the “achievements” of this life simply provide creature comforts to make this life more pleasant for the short time each of us are here.

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Esco, creating generational wealth for your kids is a good thing, and that is something you are definitely on track to do, should you choose to.

I remember when our parents, and most of the family got into the real estate game. As kids, my wife and I had no idea then, what great decisions they were making, and, at the time, I don’t think they could have realized the full potential of their actions either. Of course, we continued to build on their gains, so it’s worked out well for all of us, just as it should for you and your family.

Interestingly we know many families who have done the same, and most of their stories are very interesting. One involves some good friends of my parents who started out buying tons of fixers and building the portfolio–with Dad and 5 sons doing all of the work themselves–fast forward to an empire that includes mega apartment complexes, shopping centers, etc., etc. Impressive for a guy who moved his family of 12 (10 kids + Mom and Dad) out to San Diego from Wisconsin where he was a milkman:) Sure, over the years they have had to fine-tune their business based upon changing market conditions, but all of them are still doing well.

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Nice to see more success in real estate investing. As sdr mentioned, and as we’ve seen, you’ll find the ROE will get better and better over time, and your kids will thank you.

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Understand your concerns, EP, and they may well prove to be true. That said, I feel that many of us who decide to stay in CA, despite all of the issues, and have what we and our families need to live wonderful lives here for many years to come, don’t really factor the negatives into our decision.

As I’ve said before, I’m sure you could have chosen to stay also, but you made your choice based upon other criteria that was more important to you. I wish you the best in that, but I don’t think you’ll receive too much support from those who choose to stay in CA.

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We’ve also seen a demographic change among those renting and those buying everywhere we have property, and, as mentioned, it isn’t just happening in San Diego.

Along with other variables in play, it seems the pandemic unleashed an inner awareness among renters and buyers that, for those who can afford it, they might as well live life the way they want to live it here and now, rather than wait for retirement–which is a philosophy I’ve always espoused–especially since life is short.

Whether this new normal is sustainable, and, if so–what the negative impact of this new normal might be for society as a whole–only time will tell.

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Agree, even though we also live elsewhere, we’ll never completely leave CA. Real estate can be a wild ride, but it’s fun making deals, and downturns have worked in our favor every time. CA has been great to us on so many levels–can’t imagine our lives anywhere else, but for those who feel the need to go–I still wish them the best.

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EP, glad to hear things are working out in Utah. Congrats on your investments. Those, along with the wealth you accumulated in CA should serve you and your family well for many years to come.

Even though the information you’re sharing about your new investments is interesting, I honestly don’t believe you’re ever going to receive the validation you seek here, but you shouldn’t care, because it seems you did the right thing for you and your family, and, regardless of mere opinions on an internet forum, that’s all that really matters.

It’s an interesting fact to note that, in the final analysis, none of us will even need a house, but it’s nice to pass things along to family to enjoy–as we are now–and so the inevitable cycle goes.

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Scaredy, I think we’re all fine, just as we are. Like us, many who post share infinite details about their business and other ventures, their successes, and other aspects of their lives, which, to me, is very interesting, and does not indicate a desperate screaming cry for status. We’re simply sharing these aspects of the lives we’re living with others.

I would think your quest to live your life in the “Persona du Jour” mode is an extremely interesting way to live. Your aspirations to achieve multiple identities will definitely keep your life interesting. No need to settle on just one–you can embrace all of them–as you choose. In fact, you may even want to start your own blog in this vein, which might reveal to you some kindred spirits. At the very least, it could be an impressive psychological experiment.

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“It is difficult in our status oriented society to not compare outcomes.” Agree, and yet, even with the history you mentioned that seems to haunt you, you can choose to break free of all of that and realize those things are no longer your reality, and no longer control your destiny. When you fully accept that the past does not need to control your future, I think you’ll find a greater sense of peace. Anyway, JMHO.

Hope everyone has a nice long weekend.

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Don’t be so hard on yourself. You have a great family, a great career and a great life. Just enjoy it.

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Agree. Definitely not worth it on that basis.

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No, thanks. Just posting wrt our kids University experience as several others have.

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Youngest son loved UCSD. He felt he found exactly what he was looking for close to home. Other kids attended elsewhere–daughter, Harvard, eldest son, USC.

You younger parents out there will find, as my wife and I have found, that watching your kids reach for and achieve their dreams is more fulfilling than most anything else you will experience in life, and that all of the work you and they put in is definitely worth it.

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Agree, everyone should do what they love. It’s all good.

sdr, we’ve played at many private and public courses, but not the ones you mentioned. Have a great trip, and enjoy!

Grew up playing at La Jolla Country Club with the family, and still enjoy that course, along with others in San Diego, Cypress Point at Pebble, Riviera, Troon in Scottsdale, etc. We also particularly love Kapalua, Mauna Kea, Poipu, Wailea, Princeville, etc. with more to look forward to in the future. All beautiful.

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