Since we've seen many topics bashing California I want to say THIS NOT ANOTHER ONE!!! While I have many issues with California I really would just like to know from Californians. How can you live there; and I don't mean because of the politics or the immigration. I mean literally how can you live there? According to this information from the census burrow http://quickfacts.census.gov/qfd/states/06000.html The average salary for 2013 was 61K The median home value was 383K I'm not even talking crime or anything, I'm just talking money. The income and house correlation is all I mentioned, but the cost of living is generally higher.
I live here because I have no choice. it takes a lot of money to move, unless you want to be hoofing it with only your shirt on your back and everything you own in a back pack. i'd love to live in a state that is less restrictive on me. I'd love to live in a culture that allows me to make my own choices and find things out for myself. I'm tired of people telling me that they know better and that i have to conform to them.
ever been here?...i have lived her my entire life..i have been to 46 of the 50 states and i would never leave here to live back east...weather is so much better here....it is hard to buy a house out here..for your first house you buy a home and do some minor work on it and you can double your money in less than 4 to 5 years...but too many people want the perfect house first which is a big mistake to do..crime?...nothing like up northern eastern area or back east...and dont believe the news reports that we are in a real drought for the last 3 or 4 years..not true..a little dry maybe but not even close to a drought ,,,earthquakes...heck you would be lucky to feel one over 6.0 once in your like...i felt one like that i think it was 1957 but never felt a big one since...
Thanks for the info, but I'm more specifically talking money. I've heard rumors that you can get 50 year loans and i even heard one story that you get a loan to pay only the interest. You never pay on the principle. Based upon what my wife and I make we could probably live in California, but it would take everything we have. I do plan on retiring one day and not dying at work.
you get loan like that everywhere in all the states..but it isnt a good idea...how the news tell the people what calif is like is not really true...sure you can but homes for millions but there are plenty of nice homes ..sq ft of 3000 for under 250,000 in nice areas too...like today napa had a earthquake...the press is making it look really bad here...but i was just 20 miles away from there and i didnt feel anything...and i was awake at 3.30 am...early riser...
I can't live in "that place". I can't even go there. The CONUS has been abandoned there, and freedom has been criminalized. Don't believe it? I normally carry bug out supplies in my car. This includes guns and ammo. In Nevada, I can open carry my sidearm legally. In Ariz., I can carry it open or concealed, legally. In "that place", if I'm caught with it, I am automatically a felon/terrorist/evil person. There are about 379,000 more points, but that's the really big thing.
California is home to houses ranging from 40,000 all the way up to 50 million+ and everything in between. They take the average of it all and then you get your average home value. It is misleading statistics.
It is an expensive place to live- in the most desired parts of the State. We make it work. By the way, gorgeous day in the Bay Area today.
I agree with you. That said, if California had 10% of the population it has now, I'd move there in a heartbeat. The climate there is wonderful. The food is good and generally very fresh.
That's not how you calculate a median average. The median means that as many houses cost more than the median price as do the number of houses below.
A friend of mine, when I lived in Colorado bought his widowed mother a small house in San Diego. My friend and his siblings were paying the mortgage and his mom was living on a small pension and SS. Then, in a short period of time, the neighborhood went to hell with shootings, home invasions, muggings, crack houses, and the usual. My friend and his sibling wanted to move their mom out of California but they could sell the house. And, where I lived in Colorado we had a massive influx of Californians. They sold houses they'd bought thirty years ago for $25,000 for $500,000 only to see the house immediately leveled and something worthy built. Not wanting to pay capital gains taxes, they move to Colorado and put all the profit from the sale of their home into a lovely mansion in Colorado. Unfortunately, the people often had really nothing jobs making big bucks. They got to Colorado and learned that working at a Home Depot didn't make you the kind of money it did in California. But the great thing from the California immigation was what they brought us. Homeowners Associations, gated communities, and laws to drive "them" out of town. I have to say it worked. They drove me out. The really sad thing is after destroying an incredibly beaufitul place the people leaving want to make their new homes just like southern California, but with no black people.
Mebbe dat's what caused the Napa Valley quake?... Western US Drought Causing Earth's Crust to Rise August 22, 2014: The major drought gripping the western United States is not only drying the landscape, its causing the land to rise.
Youi guys know that when the big earthquake hits and most of California falls into the sea there really will be ocean front property in Arizona don't you?
Home ownership is probably lower in California than in many other states. There's a huge market for apartment-style living out here.
Loans that only pay the interest is available anywhere in the United States and these type of loans are used for houses that exceed $750k. However, what you are doing is taking a snap shot at a specific moment in time. House value has nothing to do with income or the ability to afford such a home, it has to do with the value of a property over a period of time. If you look at the stats more closely, especially home ownership rate and how long you lived in the home for over a year, it is interesting. For home ownership rate, it is lower than the national average while those who live in the home is on par with the national average. To me, this tells me that prices in the homes are probably overvalued, which makes it harder for a person to buy a new home, but those that have already bought a home, they are able to afford living there because their income has kept pace at the rate of inlation. But the median income is skewed due to the recession. I would be that income dropped if you look at median income from 2004 to 2008 and compare that median income from 2008 to 2012.
Is the Big One coming?... Are earthquakes on the rise? Is California's 'Big One' coming? Tue August 26, 2014 ~ The 6.0-magnitude quake Sunday was not on the San Andreas Fault; Some predict the "Big One" will strike along the fault in the next few decades; USGS: Los Angeles and San Francisco will one day become next-door neighbors Granny says its a sign o' the end times - Jesus comin' back purt soon.
You don't know statistics. They said median, not average home price. Median means you line up all the house values, count them, and take the middle. It's not as skewed by high values, as average is.
You know that isn't what is going to happen. The way the plates are moving is that the California Coastline is moving north. The interior of California is moving south. The San Andreas fault is roughly where the plates meet. Really, what's going to happen is that LA is going to be where San Franciso now is, and San Francisco will be somewhere in Oregon.
Meh. You can rent a U-Haul from California to the MidWest for probably $2500. - - - Updated - - - Gay lumberjacks! Yikes.
So if you have prices on a product ranging from 1000 to 1000000 the median is somewhere around 500k? That is still misleading because plenty of people enjoy said product at 50-200k and get by just fine.
