Earlier quoted context omitted.
The death penalty, and heavy incarceration with atrocious conditions.
Most Texans, let alone Californians fleeing high prices, don't have to worry about such things. Besides, the death penalty isn't exactly a negative if the alternative is life in (a Texas) prison.
California's skyrocketing housing costs, taxes prompt exodus of residents
241–250 of 313 posts
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#242Anyone else alarmed that a doctor was leaving because the rent was too high? A doctor is one of the jobs that is expected to pay top dollar in American society. If a doctor can't make it in the Bay Area, who's going to cut your hair, serve your beer, or mow your lawn? If wages don't rise in line with skyrocketing living costs, then the only alternative is a permenantly impoverished underclass. People of the Bay Area:…
What else can people do? The choices I see (with no mention of efficacy) are: leave, demand better pay, lobby for cohesive regional zoning and transportation planning that meets growth.
I agree that this is the right answer in theory. The challenge is that, in practice, by the time the critically important rail line or subway or high speed bus lane (or whatever) is built and put into operation, you're halfway to retirement and your kids are out of high school.
So, practically speaking, a lot of people conclude that the only effective voting is the kind done with the feet.
Too often state and local governments are not capable of doing their jobs quickly enough to solve the problems.
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#243Earlier quoted context omitted.
Yeah, I lived over half my life up there. West coast geography is just what I consider "normal". I don't think I could live in other regions of the country as happily. I didn't find housing costs to be that far out of whack with the increased salary when I moved to the Bay Area, though. And I found the soul crushingly bad traffic at the time to be worse in Seattle than in the Bay. My #1 reason was the weather, though…
I like the rain in Seattle. It makes things peaceful, and the wet air smells good. (I grew up in Arizona, where 367 days of clear blue sky gets a bit boring .)
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#244I wonder if some enterprising landlord will put in a clause into the lease to own your intellectual property and communications while in your residence. Would people sign the lease for a 20% rent discount ?
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#245Earlier quoted context omitted.
There's social security, retirement funds, and savings. Why does 'government job' mean anything special?
Government jobs are often very low pay. Many government workers who are promised a pension are locked out of social security. If you are being paid so low that you cannot save for regular expenses, let alone retirement, then what are you going to do when you turn 65? Turn over and die immediately? Also, the reason you assure pension to government employees is because they tend to be stable and dependable workers over…
I'm unconvinced. I believe they get special treatment only because they are a large lobby group.
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#246I have literally never heard anyone cite California taxes as having any contribution on them leaving. The only people I've heard mention 'high California taxes' are people who are explicitly trying to solicit Californians to move to wherever they are ('come to Texas! We have way lower taxes than you!').
Local income tax is more or less nonexistent in California (and the US in general, really). Property taxes are some of the lowest in the country. We do have a high state income tax compared to other states, but it's still negligible compared to federal income taxes.
I guess your federal income taxes will be higher in California because you'll make more money here than in most other states.
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#247All control of Bay Area housing should be put into the hands of a single "housing czar" with absolute authority to rezone. Usually democratic methods are preferable, but in this case it's clear they've failed in an absolute sense, and a new approach is needed.
Same with transportation. The reason transport is such a mess is because of all the different municipalities involved. To continue to think of the Bay as a group of totally independent cities is ridiculous.
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#248Earlier quoted context omitted.
It's not just SF. It's big cities around the world. They are drawing in more people than ever. Most have housing/transport issues that present as high cost of living. People still keep pouring in and successful cities stand out in terms of household income. Even as the internet makes geography less relevant, the competition for living in cities keeps growing.
I've seen the "alpha cities" phenomenon explode since 2000. Where you live has become a proxy for your competence, importance, etc. I'm not convinced it's not the Internet. Google "FOMO" for a possible mechanism. The Internet makes it easy for large cities, by sheer social mass, to send out a louder cultural signal and convince everyone else they are missing something by not being there. Talk to a young midwesterner…
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#249Earlier quoted context omitted.
There are other accounts/instruments that can replace public pensions. The reality is that politicians over promise on pensions and create unsustainable obligations for future generations.
They could just use defined contribution then there's no future liability.
Public sector unions are strongly against that sort of arrangement. They prefer that the taxpayer guarantee them a defined level of pension benefit (no matter what the investment markets do).
In other words, it seems that public sector unions want the taxpayer to insulate them from the real world shocks which the other 80% of people have to endure. It's a very valuable benefit and it's understandable that they fight for it. But it is super expensive for the cities and states.
In LA there was an attempt about 5 years ago to gather signatures just to put a measure on the ballot to transition city workers from defined benefit to a 401K style defined contribution pension plan.
But certain public sector unions made it known that they planned to send their people out to sign those petitions with unverifiable, fake names and addresses. This would increase the likelihood of a failed signature verification process, meaning that the petition would probably not succeed at getting the measure on the ballot. So they dropped the whole effort.
Re: California's skyrocketing housing costs, taxes prompt exodus of residents
#250I'm fine here. I have a job in tech and I'll be able to put down roots and buy a home, Etc. However by virtue of living here I basically force all of my children to do the same or move away. it's simply too hard to live here unless you're working in tech.
To enjoy a halfway decent life in the Bay Area (to not require roommates to meet expenses, own a car, and not have to commute from the Central Valley everyday) I'd say you have to make 6 figures. Or be married to/BFF with someone who does. Moving from the Bay Area to Portland, my salary increased by 8%, but I can afford my own apartment and s brand new car, middle class hallmarks that were way out of my league in Sun…
Granted, the level of income you'd need for this is still hard to achieve without a tech job. But you don't need six figures.
Unless by the Bay Area you meant living in San Francisco. Then all bets are off.