Quote:
Originally posted by thrown_hammer
Just doing a little math. If I punch my salary into one of those “relocation salary calculators” My wages would basically have to double to live in southern CA, but the home prices go up six times for a much smaller house. If I compare apples to apples it is over ten times! So how does a normal person afford even an average house? Fuzzy Math?
|
You don't move to California unless one of the following conditions are met:
1. You just won a lottery, a large lottery.
2. You just inherited a house already located in California, which is good since you'll inherit the low tax rate too.
3. You work for a company that will buy down your mortgage as a perk for you moving there.
There could be others, but that's a start.
There are very good reasons to move FROM California; which my wife and I did last fall. When we sold our house, we cashed that check and ran as fast as possible.