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BajaNomad
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The California exodus continues as residents head south of the border
JUN 11 2022
by Dymond Green
@DYMONDGG_
Why Californians are fleeing to Mexico
More than 360,000 people left California in 2021, in what some are calling “The California Exodus” — many leaving for states like Texas, Arizona
and Washington.
And a rising number of former Californians are migrating out of the country altogether and are instead heading south of the border. Many are seeking a
more relaxed and affordable lifestyle in Mexico.
California continuously ranks high as one of the country’s most expensive states to live in. The median asking price for a home in California is
about $797,470 — only 25% of the state’s households could afford that in the fourth quarter of 2021.
California’s population growth has been declining for more than 30 years now. But thanks to the rise in remote work due to the Covid-19 pandemic,
those trends have accelerated. The ability to work anywhere has 62% of Americans considering moving to a new country.
However, there are some setbacks. Many critics argue that Americans are driving up the cost of housing for locals and pricing them out of the market.
Watch the video to learn more about the impact of this migration trend.
https://www.cnbc.com/2022/06/11/californians-working-from-ho...
When I was young, I admired clever people. Now that I am old, I admire kind people.
– Rabbi Abraham Joshua Heschel
We know we must go back if we live, and we don`t know why.
– John Steinbeck, Log from the Sea of Cortez
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TMW
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It's not only working people but businesses don't want to come to CA. I know two people personally that own businesses in TX and FL and when I asked
them if they would open or buy in CA they said no. CA is not business friendly.
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RFClark
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Mood: Delighted with 2024 and looking forward to 2025
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Costco Riverside Regular $5.79/Gal! San Felipe Chevron Regular around 22 Pesos/L - Target El Centro Brown Eggs 65 Pesos/Doz - SF Calimax Brown Eggs 42
Pesos/Doz!
Gosh! I can’t imagine why people are leaving (Not!)!
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JC43
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Leaving the US is very trendy, not only in CA. Q.: Do you know the best view of Texas??? ..... A.: In your rear mirror! Florida?? Oh Yea,
that´s the state where most people carry their nasty dogs on their arms as the dogs should not walk! The northern States of the US are still o.k.
Some people imigrate to Russia nowerdays. The land where people can invest and live free.
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JDCanuck
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It''s not just Californians fleeing. A very large number of Canadians I talk to are considering seriously moving into another country as well, mainly
Mexico. The rush to purchase property is already evident, and the willingness to relocate permanently also growing.
The past two years have been eye-openers.
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Don Pisto
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I dream of the day I can say adios to this country and move to california, unfortunately im still six lottery numbers away
there's only two things in life but I forget what they are........
John Hiatt
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JZ
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Made offers on 3 properties in Loreto last Spring. We were 3 months late entering the market. Ended up buying another place in Colorado.
Still very cheap in Baja though. We will buy something in the next 12 months.
Brandon has F'd the US economy all to hell.
[Edited on 6-13-2022 by JZ]
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JDCanuck
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You have to wonder what the effect on the average Mexican all this migration by people who earn considerably more or have far more purchasing power
is. Surely all the extra real estate demand must have some inflationary effect as it did in Vancouver over the past couple decades when all the Asian
investments were occurring?
The governments keep adding or boosting foreign investment taxes in a futile effort to squash demand.
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JZ
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Quote: Originally posted by JDCanuck | You have to wonder what the effect on the average Mexican all this migration by people who earn considerably more or have far more purchasing power
is. Surely all the extra real estate demand must have some inflationary effect as it did in Vancouver over the past couple decades when all the Asian
investments were occurring?
The governments keep adding or boosting foreign investment taxes in a futile effort to squash demand. |
I had a girl who worked for me and lived outside Vancouver. This was about 2013. She use to talk about the Chinese flying helicopters over her
neighborhood all the time searching for places to buy.
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AKgringo
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Even Anchorage is starting to look pretty good compared to urban California areas. The added cost of shipping goods to AK is offset by lower taxes,
energy, and housing.
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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JDCanuck
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I kinda prefer the remoteness of Baja myself, despite the snakes, scorpions and black widows. Being chased by a cloud of black flies or mosquitoes is
no fun at all.
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mtgoat666
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I have lived in CA, NW, NE, and midwest.
CA is still my fave place. WA is 2nd. Texas, FLA and san felipe are still bottom of the bottom of the list.
May be a bit more expensive in cali, but the pay is higher here too. All balances out.
I have found that cheaper places to live are usually not as desireable as more expensive places…
I dont have to shovel snow. The weather is warm in winter, moderate in summer. I have almost no elec or natural gas costs here in cali. I live 15 min
from great ocean. I live in a big city with big city attractions. Whats no to like?
Yes it cost more than lake havasu az.
Have you ever been to lake havasu? No thanks!
[Edited on 6-13-2022 by mtgoat666]
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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TMW
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Quote: Originally posted by JC43 | Leaving the US is very trendy, not only in CA. Q.: Do you know the best view of Texas??? ..... A.: In your rear mirror! Florida?? Oh Yea,
that´s the state where most people carry their nasty dogs on their arms as the dogs should not walk! The northern States of the US are still o.k.
Some people imigrate to Russia nowerdays. The land where people can invest and live free. |
Russia !!!! You need to get back on your meds.
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TMW
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Quote: Originally posted by mtgoat666 | I have lived in CA, NW, NE, and midwest.
CA is still my fave place. WA is 2nd. Texas, FLA and san felipe are still bottom of the bottom of the list.
May be a bit more expensive in cali, but the pay is higher here too. All balances out.
I dont have to shovel snow. The weather is warm in winter, moderate in summer. I have almost no elec or natural gas costs here in cali. I live 15 min
from great ocean. I live in a big city with big city attractions. Whats no to like?
Yes it cost more than lake havasu az.
Have you ever been to lake havasu? No thanks!
[Edited on 6-13-2022 by mtgoat666] |
Nobody is questioning the attractions of CA. The climate is great. It has the ocean, mountains and deserts all great. But who can afford it. That's
why people are leaving. Businesses are taxed to the hilt that's why they are leaving and/or won't come here. The environmentalist have taken over the
Dem party and are forcing the shut down of the oil industry. Do you know how many people depend on working for the oil companies to live?
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BajaBlanca
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We saw that program on TV, shocking how many are leaving but in San Diego, you cannot rent a studio for less than $1500+ and its only 450 sq feet of
space. Prices for groceries, over the top expensive. I am very glad I don't have little kids and live there.
We moved to Turkiye this year after 16 years in BCS, as most of you are aware. So many ex-pats are moving here and buying that the gvt has decided to
limit the # of foreigners in any given area to 25%. No more resident permits will be given over that percentage.
Very few American and thousands of Brits, as well as Scandinavians with the latest influx being Russians and Ukranians. We are in the smallish city
of Alanya and there are 10,000 ex-pats in our social media group. What a change from La Bocana where we were total foreigners and nowadays number
around 15.
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SFandH
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Quote: Originally posted by TMW |
Nobody is questioning the attractions of CA. The climate is great. It has the ocean, mountains and deserts all great. But who can afford it. That's
why people are leaving. Businesses are taxed to the hilt that's why they are leaving and/or won't come here. |
Here are the 10 states with the highest corporate tax rate:
Iowa (12.00%)
New Jersey (10.05%)
Pennsylvania (9.99%)
Minnesota (9.80%)
Illinois (9.50%)
Alaska (9.40%)
Maine (8.93%)
California (8.84%)
Delaware (8.70%)
Vermont (8.50%)
the average is 6%
https://worldpopulationreview.com/state-rankings/corporate-t...
My biggest problem with CA is the population. IMHO it's too crowded.
However, moving to Mexico from CA is a major move in many ways. I bet a large percentage move back within a year or two.
[Edited on 6-13-2022 by SFandH]
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AKgringo
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I was unaware of the Alaska corporate tax rate. There is no state sales tax, or personal income tax.
If you are not living on the edge, you are taking up too much space!
"Could do better if he tried!" Report card comments from most of my grade school teachers. Sadly, still true!
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John Harper
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I think this is a rating of personal income tax rates, California the highest. Alaska rate of 0%.
https://worldpopulationreview.com/state-rankings/highest-tax...
Isn't Alaska state government almost 100% dependent on revenue from the extraction (drilling, mining, forest products, commercial fishing) industries?
Without that, I would imagine taxes would be structured differently. And, the population of Alaska is miniscule compared with California. Without
generous government subsidies, it would likely be prohibitively expensive to live in Alaska.
John
[Edited on 6-13-2022 by John Harper]
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SFandH
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Unfortunately, I've never been income taxed at the highest rate. That would be a nice problem to have.
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mtgoat666
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Quote: Originally posted by John Harper | I think this is a rating of personal income tax rates, California the highest. Alaska rate of 0%.
https://worldpopulationreview.com/state-rankings/highest-tax...
Isn't Alaska state government almost 100% dependent on revenue from the extraction (drilling, mining, forest products, commercial fishing) industries?
Without that, I would imagine taxes would be structured differently. And, the population of Alaska is miniscule compared with California. Without
generous government subsidies, it would likely be prohibitively expensive to live in Alaska.
John
[Edited on 6-13-2022 by John Harper] |
Alaska: cold in winter, buggy in summer, rains a lot in SE, etc.
I have observed that Alaskans are always fleeing to hawaii for vacation, and fleeing to seattle (and rest of lower 48) for all manner of things
unavailable in Alaska…
Socialism is alive and well in Alaska. They consume much more in federal funds than they pay in taxes, and the state owns massive amounts of land so
instead of taxing citizens they pay everyone for doing nothing nirvana. We
should send California homeless to Alaska!
Democratic-voting blue states tend to be wealthier and pay more to the federal government than they get. In contrast, Republican-voting red states
tend to have less wealth and receive more federal government funds than they pay.
https://www.moneygeek.com/living/states-most-reliant-federal...
Why are red states such moochers?
[Edited on 6-13-2022 by mtgoat666]
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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