San Diego Housing Market News and Analysis
Moving to SD - few questions
User Forum Topic
Submitted by Tin369 on June 8, 2020 - 2:30pm
This may be a bit unusual, but due to Covid and wfh we are trying to figure out something and need help with thinking it through and just using this a bouncing board.
We live in the east coast and have been thinking to move to SD but the high taxes and home prices have kept us away plus finding new jobs etc.
We have family in SD and want to be close to family and ofcourse because of the weather.
Due to Covid as we are working from home and will be atleast till the end of this year or even early into next year. We were thinking of moving to SD temporarily for 9-12 months and rent. We will in this time also try and watch the market for any dips and also look for jobs locally just incase our work wants us to come back to the offices. We don’t have office in SD.
We will be in the short term paying mortgage on our house here and rent in SD, but will be getting help from family with kids. Just in case the schools and daycares decides to go online in fall and winter.
Can we get short term rentals preferably with furniture so we don’t have to buy stuff there and save some money. Financially we will be taking a 30k hit paying our mortgage while also paying for rent in SD. But the savings from not sending kid to daycare will offset some of that.
I did some Income tax calculations between the two states and surprisingly we will be paying $400 more in CA vs. DE.
Where can we find short term rentals with the flexibility of extending it if needed.
Our family lives in La Jolla and it’s expensive but would like to start somewhere close.
Schools - if the schools in CA open, can we enroll our one kid who’s in kindergarten for next school year? How would that process look like. So we want to also like to be in a good school district.
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