Goodbye to San Diego

User Forum Topic
Submitted by EconProf on February 22, 2021 - 2:26am

After 45 years in San Diego as teacher, real estate investor, and contractor we are leaving. Apparently, so are a lot of other people. The cost of living, and especially the housing cost difference is one of the many reasons, and here are the specifics:
1. Our brand new custom-designed house will cost about 1/3 the price we are getting for our current house and be 10% larger, all on one level.
2. Our HOA will fall from $495/month to about $100. For that HOA we will be a two-block walk from a clubhouse with an exercise room, two pools (one summer, one winter), tennis courts, pickleball courts, etc., etc.
3. Our property taxes will fall from $16,500 per year to about $3000.
4. Monthly utility costs will be vastly lower.

Piggs are invited to guess our destination.

Submitted by scaredyclassic on February 22, 2021 - 8:27am.

Idaho. Wait... vegas

Submitted by carlsbadworker on February 22, 2021 - 8:50am.

I will try to guess use math. 1/3 price means property tax rate is $3000*3/$16500 = 54.5% of the CA rate.

So that's the lowest property tax rate in the US. Top 3 lowest property tax rate states are: Hawaii, Alabama and Colorado. Alabama should be cheaper in per square feet and Hawaii does't need winter pool. So I would guess Colorado.

Submitted by carlsbadworker on February 22, 2021 - 8:51am.

scaredyclassic wrote:
Idaho. Wait... vegas

Utility bills will be much lower in Vegas? Come on, you know how hot it would be in summer?

Submitted by sdrealtor on February 22, 2021 - 9:03am.

Colorado is not 1/3rd the price. I'll go with Idaho or St George UT though there are parts of AZ or NV that could fit this bill.

Happy Trails! The reported demise of CA is greatly exaggerated

https://on.mktw.net/2Zvso2n

Submitted by Hobie on February 22, 2021 - 1:07pm.

summer-winter pools, ... cancel FL, how about Las Cruces,Prescott

Submitted by scaredyclassic on February 22, 2021 - 9:16am.

carlsbadworker wrote:
scaredyclassic wrote:
Idaho. Wait... vegas

Utility bills will be much lower in Vegas? Come on, you know how hot it would be in summer?

I assumed she would embrace the heat.

Submitted by Coronita on February 22, 2021 - 10:04am.

Some place outside of the US?

Submitted by scaredyclassic on February 22, 2021 - 10:34am.

Coronita wrote:
Some place outside of the US?

Cambodia? Mmmm...nicaragua?

https://www.century21global.com/property...

My wife gave me a hard no to cambodia. Values have bern going up so fast we are gonna get priced out of phnom penh.

sd hiking trails are a little ridiculously crowded. A move is not a bad idea. My final answer is idaho

Submitted by XBoxBoy on February 22, 2021 - 11:40am.

Wyoming?

This thread brings up one of the things that I think people overlook. We whine about how expensive housing in San Diego is, and get lots of talk from politicians about how they are going to create affordable housing. But expensive housing is how we discourage people from moving here (or to stay if they are here). Expensive housing is how we keep San Diego from being even more congested than it is.

Submitted by scaredyclassic on February 22, 2021 - 11:58am.

Also, what abput the riff raff.

Submitted by an on February 22, 2021 - 12:43pm.

AZ

Submitted by utcsox on February 22, 2021 - 2:14pm.

scaredyclassic wrote:
Coronita wrote:
Some place outside of the US?

Cambodia? Mmmm...nicaragua?

https://www.century21global.com/property...

My wife gave me a hard no to cambodia. Values have bern going up so fast we are gonna get priced out of phnom penh.

sd hiking trails are a little ridiculously crowded. A move is not a bad idea. My final answer is idaho

Guantanamo Bay?

Submitted by sdrealtor on February 22, 2021 - 3:47pm.

XBoxBoy wrote:
Wyoming?

This thread brings up one of the things that I think people overlook. We whine about how expensive housing in San Diego is, and get lots of talk from politicians about how they are going to create affordable housing. But expensive housing is how we discourage people from moving here (or to stay if they are here). Expensive housing is how we keep San Diego from being even more congested than it is.

Bay Area disagrees

Submitted by sdrealtor on February 22, 2021 - 3:50pm.

scaredyclassic wrote:
Also, what abput the riff raff.

The Villages are calling you and Econ Prof

https://www.dailymail.co.uk/news/article...

Submitted by scaredyclassic on February 22, 2021 - 4:32pm.

sdrealtor wrote:
scaredyclassic wrote:
Also, what abput the riff raff.

The Villages are calling you and Econ Prof

https://www.dailymail.co.uk/news/article-9147745/Inside-Utopian-Disneyland-retirees-belies-sinister-underbelly-racism-orgies.html

DEFINITELY want to see that movie!!!..there's a writer, carl hiassen, who writes about various dirtbags, real estate developpers, criminals, weirdos in florida, fiction, he's funny, ive only read SKINNY DIP, made me firmly commit to NEVER moving to florida, even though it was comedic fiction.

Submitted by sdrealtor on February 22, 2021 - 4:42pm.

You'd need a different wife to move there but finding one doesnt appear to be an issue there

Submitted by svelte on February 22, 2021 - 4:52pm.

sdrealtor wrote:

The Villages are calling you and Econ Prof

https://www.dailymail.co.uk/news/article-9147745/Inside-Utopian-Disneyland-retirees-belies-sinister-underbelly-racism-orgies.html

lol! Believe it or not, when I saw the OP, the first thing I thought of was The Villages!

I heard about it through Youtube...I stumbled across "The Villages Florida Newcomers" channel. While that channel doesn't talk about the debauchery discussed in your link and the couple running the Youtube channel are probably fine folk, the whole environment they discuss makes me recoil a bit. Maybe I'm not old enough yet.

Submitted by sdrealtor on February 22, 2021 - 4:58pm.

The Villages are filled with small town, mid america blue collar folks with 5 to 1 widowed females to males. Think bearishgurl as your typical resident

Submitted by barnaby33 on February 22, 2021 - 5:11pm.

Wherever it is, it sure seems affordable until all the locals slash your tires because you're a California equity locust driving up local costs! Still good luck.
Josh

Submitted by gzz on February 22, 2021 - 6:05pm.

Your 16k current property tax means you paid about 1.5M.

1/3 is 500k but only 3k property taxes. That’s absurdly low rate. Some Texas and NJ suburbs pay 15-20k on a 500k house. Place with ultralow property taxes like that either have few children or have a huge non residential tax base.

What makes less sense is why a long time resident of boomer age isn’t locked into a much lower rate because of an older purchase.

Vastly lower utilities? Our gas and water isn’t especially high. Our electricity is, but also is just about the cleanest mix outside of areas blessed with lots of hydro. I am OK paying a bit extra to not use coal.

New construction may be very well insulated. But when I lived in the Midwest we hated how stuffy the house would get in winter so we opened the windows a crack or two unless it was below 20. That was expensive but fresh air is worth it.

I am not against leaving SD, but the only dry and warm climate I could enjoy would be NV or AZ. Florida and south texas are too humid and insecty, everywhere else too cold.

Submitted by gzz on February 22, 2021 - 6:08pm.

Having 1 million less in RE in this market means you’re leaving a 150k equity gain on the table in my estimation. Sounds like you might have other exposure though.

Personally I will probably hold until the next RE bubble.

Submitted by scaredyclassic on February 22, 2021 - 6:22pm.

could be including mello roos?

Submitted by svelte on February 22, 2021 - 6:42pm.

sdrealtor wrote:
The Villages are filled with small town, mid america blue collar folks with 5 to 1 widowed females to males. Think bearishgurl as your typical resident

Wow. I didn't know that.

I just went to their website (thevillages.com) and something did stick out...not one photo of anyone who wasn't lily white.

Looking at Google Maps, that is one HUGE development!

https://www.google.com/maps/place/The+Villages,+FL/@28.9018879,-82.0555099,30146m/data=!3m2!1e3!4b1!4m5!3m4!1s0x88e7c1561da39a99:0x553b129a94b4af67!8m2!3d28.927019!4d-82.0037608

Submitted by svelte on February 22, 2021 - 6:47pm.

gzz wrote:

I am not against leaving SD, but the only dry and warm climate I could enjoy would be NV or AZ. Florida and south texas are too humid and insecty, everywhere else too cold.

I've lived in my share of states west of the Mississippi and decided early on I'd rather be scraping by in California than rich anywhere else. When it comes down to it, money doesn't mean as much to me as the environment where I live.

If others decide to leave, best wishes and I'm all for it. One less resident here!

Submitted by EconProf on February 22, 2021 - 7:01pm.

So far only one Pigg nailed it.

Another hint: great scenery

Submitted by scaredyclassic on February 22, 2021 - 7:35pm.

prescott it is

Submitted by ucodegen on February 22, 2021 - 9:19pm.

EconProf wrote:
So far only one Pigg nailed it.

Another hint: great scenery


Humm.. that makes me think St George, UT... which is about 40 miles outside of Zion National Park. It is also near Snow Canyon State Park and Red Cliffs National Conservation Area.

I went through there early fall 2020 on a visit to Bryce and Zion. It was a bit warm in St. George and Zion. Bryce's weather was very nice though. Good timing on my part though because about a week later it snowed in Bryce.

Submitted by EconProf on February 23, 2021 - 4:20am.

Bingo. sdrealtor also mentioned it.

Population about 150,000 in the metropolitan area and growing like crazy. Zion National Park about 30 minutes away and Vegas two hours south. Weather a bit better than Phoenix and Vegas because of higher elevation--5-10 degrees cooler in summer and winter.
Because of its growth, everything is new there--stores, housing developments, national chains, etc. Everything within about a ten minute drive, on great roads, and I-15, which runs through it.
The people are young, have conservative politics, good schools (they largely did not close down from COVID, and in gyms few wear masks), no visible homeless people, and economy booming. Yes, I'll invest in RE there.
The people are about two-thirds Mormon, which we are just fine with. Makes for large, healthy-looking families, hard workers, clean government, old-fashioned family values, low taxes.

Submitted by Hobie on February 23, 2021 - 6:52am.

.

Submitted by sdrealtor on February 23, 2021 - 9:04am.

EconProf wrote:
Bingo. sdrealtor also mentioned it.

Population about 150,000 in the metropolitan area and growing like crazy. Zion National Park about 30 minutes away and Vegas two hours south. Weather a bit better than Phoenix and Vegas because of higher elevation--5-10 degrees cooler in summer and winter.
Because of its growth, everything is new there--stores, housing developments, national chains, etc. Everything within about a ten minute drive, on great roads, and I-15, which runs through it.
The people are young, have conservative politics, good schools (they largely did not close down from COVID, and in gyms few wear masks), no visible homeless people, and economy booming. Yes, I'll invest in RE there.
The people are about two-thirds Mormon, which we are just fine with. Makes for large, healthy-looking families, hard workers, clean government, old-fashioned family values, low taxes.

Looks like the guy who's usually right was right again. First one to nail it:)

A buddies twin brother is bailing and going there also. Great for outdoorsy people. The drive through the Virgin River Canyon on 15 is one of my Top 5 drives in America. Like a real life video game. Went on a walk with a neighbor friend this weekend that has a place up in Brian Head. He grew up in Mass so loves the winter fun and snowmobiling up there. They have great golf courses in St George also.

That's not a place I could ever live as I love being in the thick of things but I see the attraction for many. Congrats and enjoy!

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.