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Boise and Reno capitalize on the California real estate exodus

47 pointsby gshakirover 6 years ago

8 comments

dawhizkidover 6 years ago
Life hack: Move to the Bay Area and get a Bay Area tech compensation package, gain enough trust within your company/team to convince your manager to work remotely, move to a cheaper cost of living place and keep same compensation package...profit. Seen it done many times...
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protomythover 6 years ago
The article talks about two points of resentment. The more serious is people moving to red states not understanding why they are moving and voting for the same type of politicians that they fled from. If you move, at least try to understand your neighbors.
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chrisco255over 6 years ago
As a Floridian, I&#x27;m pretty familiar with how locals feel about folks piling in from out-of-state. A lot of retired Northeastern and Midwesterners live in FL that moved over the past few decades, and it totally changed the makeup of the state. Locals get uneasy, but it&#x27;s mostly a nervousness about how the transplants would change the area. In some cases, former rural areas were transformed into huge retirement communities and planned developments (PUDs).<p>While they certainly changed Florida, I also think that Florida changed them. Most of the snowbirds I met in central FL tended to vote Republican, though they might have been Democrats in their home states. The main reasons people move to FL are low taxes, good weather, and affordable housing. It&#x27;s a very pro-business, pro-development state. I think it&#x27;s hard to move to a state and not be influenced by its culture.
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everdevover 6 years ago
How about fleeing to lower cost of living states. I don&#x27;t think their politics have much to do with the cost of living. Some very blue states like Hawaii and Delaware have very low property taxes and Washington has no income tax.
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wnevetsover 6 years ago
Now if we could only stop giving subsidies to red states and let them pulls themselves up by their own bootstraps.
siberianbearover 6 years ago
Speaking for myself, I was glad to escape California. Not only because of real estate, but also because of taxation. A top marginal state tax rate of 13.3%? OUCH!
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kchoudhuover 6 years ago
We took one whiff of California&#x27;s tax and housing regime and bought a house in Las Vegas. So what if it&#x27;s a charnel house for three months every year, the lack of state tax and reasonable housing prices make it worth it.
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tartoranover 6 years ago
So a lot of voting demographics will change I assume, a lot of red states would become less red if this migration becomes a serious trend. Middle class New Yorkers are affected by high prices in housing as well