[The-Shoveler]

I could not imagine moving from say a Palos Verdes home to the Dallas area holds much appeal.

[The-Shoveler]

I am fairly sure Toyota did not consult with their employees in this case.

I would Imagine very few would choose to move to plano tx.

I would also imagine they will need to find many replacements, maybe that was the plan.

[The-Shoveler]

There are several Biotech firms in Valencia now along with a Film studio (they do a lot of filming in Valencia also now).
Then you got amgen out in the Thousand-Oaks,west-lake area.
It’s all about the Burbs!

[The-Shoveler]

[quote=flu]http://www.utsandiego.com/news/2014/apr/29/toyota-flees-california-economic-problems/

Leading the list is high-cost housing and horrible traffic congestion, which raised employer costs and chased away skilled workers. Next comes a generally unfriendly business climate. L.A. County received a “D” in the 2013 Thumbtack Small Business Friendliness Survey, a grade that reflects a high level of taxes, regulations, licensing, zoning and other burdens.

[/quote]

Funny the biggest complaints in the Dallas area are Bad schools, smog, traffic congestion, and high housing costs LOL.

That and budget defects.

Welcome to cal-tex.

They’re just doing a little better job at selling it for the moment LOL.

Property Taxes in TX can be quite large as well. You buy a house make sure it’s on a small lot, that was the tip I got from a colleague in the Dallas area.

[The-Shoveler]

OK lets say you move to Plano tx,,
Toyota has a falling out and decides to downsize, now what?
move to Austin LOL.?

[The-Shoveler]

10% more than almost nothing is still mostly almost nothing.

[The-Shoveler]

Maybe a 10 or even 20 % increase but I think the level is still very low compared to is say a 20 year average.

I think the biggest issue is “lack of new homes”

Takes a long time to start a project from full stop.

[The-Shoveler]

was a little surprised to see Riverside jumping about 50 spots to make #17 in job growth.

I think most of that was the resurgence in the housing market over the last year.

But you would be surprised there are quite a few start-ups (mostly L.A. refugees looking for a decent home and a little less commute).

But the City of L.A. is just a big financial drain on the whole region.

Still there are a lot of Tech jobs in L.A. right now, recruiters calling all the time.

[The-Shoveler]

In this regard I think CA is kind of like NY.
People and companies in general don’t migrate domestically anymore into CA or NY.

They start here (emigrate here).

[The-Shoveler]

my nephew just got out of UCLA engineering program last year, been working at Broadcom in Irvine since then,
Had a lot of Job offers in the L.A. area.

It’s not a problem to find engineering work in L.A. right now.

[The-Shoveler]

Your just moving Ca to Tx,

Your just going to end up with the same issues only with a lot worse weather and no nice beach.

give it ten years.

[The-Shoveler]

The only problem with L.A. is it is spread out all over the place.
Your next job is always going to be 40 miles away no matter close you live to work today.

and it will be in a far flung suburb (not in the City).

In L.A. at least, it’s the Burbs that are the real story.

The whole county is just a collection of far flung burbs.

[The-Shoveler]

OK point taken, but its not going to be that big a hit for L.A. County.

There are more engineering Jobs in L.A. county than San Jose, San Francisco the entire bay area.

The City of L.A. on the other hand is in deep #!$@%
financially.

[The-Shoveler]

Torrance is just part of a very large metro area several times larger population than the entire SD county.

Most of the people who live near the beach area’s don’t even work in Torrance.

It is very close to LAX, LA harbor, long beach harbor etc..
a very large Asian community and commute distance to much of OC as well.

Downtown LA is maybe 30 minutes,
Irvine maybe 45 minutes.

I would bet 2018 rolls around and most those people don’t move.

[The-Shoveler]

Not quite, They are not even close to the largest employer in that area.

There is the big refinery, a lot of import/export and shipping etc….

It is quite Diverse as far as employment, it will be a big hit no doubt though.

As far as the rental market, I know someone who has several large apartment complexes in the area.
They are doing very well, never vacant long.

I would not worry too much about it.

Would you pick up and move to Dallas ?

Think about it.

[Author]

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