"It's Just Too Expensive" - Almost Half Bay Area Residents "Want Out"

Reports of an 'exodus' from California are no longer click-bait headlines, but the very real life-affecting decisions sending the 'great middle-class' anywhere but 'here' are becoming more vivid every month.

The latest example of widespread pain comes from the San Francisco Bay Area where a poll released this week by a local advocacy group showed that 46 percent of Bay Area residents surveyed said they want to move out of the area within the next few years. That number is up from 34 percent in 2016 and 40 percent last year in the same poll.

As SacBee's Michael McGough reports, the reason for the urge to leave might be pretty obvious, at least to anyone knowledgeable on California: It's just too expensive.

Cost of living (45 percent) and housing prices (27 percent) were the main reasons cited among the 461 residents who said they want out.

On top of that, 42 percent of survey respondents called housing costs/availability the most important problem facing the area, beating out traffic (18 percent) and poverty/homelessness (14 percent).

They may be the highest there, but housing prices aren't just booming in the Bay Area.

A statewide poll conducted by UC Berkeley last year showed 56 percent of voters have considered moving due to the housing crisis - and 1 in 4 of those residents said they'd leave the state.

Some are already making good on that promise. Recent data confirm that Sacramento is experiencing its highest rate of domestic migrationin over a decade.

It's not just housing prices driving the exodus, of course. Punitive taxes - more than twice as much as some other states, are eating away at disposable income. Nearby Arizona's income tax rate is 4.54% vs. California's 9.3%, while the new tax bill may accelerate the exodus.

 

As Snyder notes:

"But now the new tax bill has made some major changes, and some experts believe that this will actually accelerate the exodus out of the state of California.  The following comes from CNBC…"

In an op-ed in the Wall Street Journal headlined “So Long, California. Sayonara, New York,” Laffer and Moore (who have both advised President Donald Trump) say the new tax bill will cause a net 800,000 people to move out of California and New York over the next three years.

The tax changes limit the deduction of state and local taxes to $10,000, so many high-earning taxpayers in high-tax states will actually face a tax increase under the new tax code.

So where are people going?

The top destination for Bay Area residents is either a cheaper part of the state such as Alameda, Sacramento, San Juaquin or Placer counties, where homes can be found for $500K - $894K less than Santa Clara. Silicon Valley residents heading out of state are setting up camp in Arizona, Nevada, Idaho and Texas. 

And as South Bay Silicon Valley residents in particular are flocking to nearby Alameda County - one of the top destinations for in-state moves, Alameda County residents are being pushed further east to lower-cost Contra Costa, San Juaquin, Sacramento and Placer counties. 

Meanwhile, the median home price in Sacramento County — $357,000 — has risen each month for the past six years, the Sacramento Bee reported last week, jumping by 12 percent in the past year. -Mercury News

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Comments

mbutler101 wadalt Thu, 06/07/2018 - 02:43 Permalink

Precisely....which slave plantation will the sheeple run to? They can run, but they'll just die tired, because they're pussies and have been mindfucked into complete and utter submission. The herd will go where they are directed to go. These social engineers aren't going to like the end result of the world they helped create, karma bitches. Suck it up. Your baby is all grown up now and very hungry, and it's about to devour you in toto. That is going to be priceless when the cognitive dissonance settles in and they realize they engineered their own demise...their hubris has reached a comical level. Shits about to get real, and you're going to be smelling it up close, very close.

In reply to by wadalt

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In reply to by wadalt

August espirit Thu, 06/07/2018 - 02:26 Permalink

The famous conservative intellectual, Mr. Kevin Williamson, cheerfully points out that if Legacy Americans cannot afford a decent life in one of our nation's urban powerhouses, there are many creative and hard-working folks in Tokyo, London or Hong Kong who would find the cost of living quite reasonable.

In reply to by espirit

Hmmm... IridiumRebel Thu, 06/07/2018 - 14:17 Permalink

Regarding:

" Heroin needles on the city streets, turds just beyond, million for a 650 sq ft shit shack "

 

Yep, it's pretty bad in many low lying ares of San fran...but every body isn't suffering the same fate there my friend.  Some in San fran are doing quite well now.  In fact better than they have been for quite a while. The difference between the levels of equality there are indeed shocking to see but the 'tourist' industry and the constant influx of the youth effectively "clouds" the truth of the place & keeps a lot of it's secrets ...its darkness in place.  That "darkness" seems to be one of the major driving forces for people who want to have those types of experiences.  Naievity's not gonna' help with this one.   You gotta' know what's going on there. 

Yes, the rent is completely insane there.  Much of San fran has already been purchased by the Chinese.  It's pretty much a purchased playground now.   You either have it or you don't.  It's a sad state of affairs...but it's the truth.

And yes, the assless chaps are quite common during certain parades, events & festivals.  They're also worn in bars, at parties...heck you name it.  I wouldn't wear them, but a great deal of folks there do & seem to enjoy the whisp of a cool breeze against their glutes a great deal.   Punky & I briefly admire their charm in their crazy costumes & look away. 

It's all for fun & attention, that's all!  {smile}

Have a great day!  {smile}

Pam&Punky.  {smile}

 

In reply to by IridiumRebel

Chris2 overbet Wed, 06/06/2018 - 22:07 Permalink

Those with money stay. Not all is crazy liberal. These people like good food, first class services and it's all available here. They want "something to do" 24/7. It evolved into this. I will stay because I own a business and have clients that I wouldn't have if I moved. I am old, nobody would hire me. I can work till I die. House paid for (that I love) next year, property tax with Prop 13 is $300 per month. I can lower that next year and get out of the school taxes because I am older. The weather is great, if you are broke you won't freeze to death or burn up, you could use no heating or cooling. I live outside the city and I love my neighborhood sort of like the 50s here. The crazy stuff makes the news but people in SF are fed up with tents, filth and mentally ill homeless. The city is changing due to Tech jobs.

And I love California, the land the vibe nothing to do with the people. It is far from the swamp, and I myself am a maverick. That is who migrated here for the past 150 yrs.

In reply to by overbet

CultiVader Chris2 Thu, 06/07/2018 - 03:12 Permalink

Sounds like you're all right. Most of my friends are like myself and half of us didn't buy after the crash. Some of us lost our homes and the capital we put up. I've got a bunch of friends in the BA who are Union plumbers, sparkys, glaziers, iron workers. They make $50/hr abouts take home and can't afford to buy a house.

In reply to by Chris2

Hmmm... Chris2 Thu, 06/07/2018 - 16:47 Permalink

Regarding:

"And I love California, the land the vibe nothing to do with the people. "

 

Punky & I agree with your above statement as well as alot of other stuff that you shared.  There really are a great deal of advantages to being here in the Northern port of the state, isnt it?  Yep, in-spite of the distant, craziness of San fran.  My husband & I are at a questionable point.  Should we  stay or should we go?  We shall see.  I'm gonna check your face avatar, check what you say in comments to folks & ask to friend you if I may.  Punky & I have lots of opinions to share!  {smile} 

Thanks for that post!  {smile} 

Pam&Punky

In reply to by Chris2

J S Bach Stan522 Wed, 06/06/2018 - 21:50 Permalink

"It's just too expensive."

Yeah... never mind the perversions of justice and nature which envelope your precious Bay Area.

"No... we're perfectly fine with all that.  It's just the prohibitive costs that we don't like.  But, don't worry, wherever we move, you can rest assured we'll bring all of our open-minded wisdom and amorality with us."

In reply to by Stan522

SgtSchultz Stan522 Wed, 06/06/2018 - 22:16 Permalink

Twenty five years gone now since I left.  No state income tax. Twenty five years of what would have been California state income tax in my pocket, oh, and by the way, still have all my firearms.  I would wish Californians good luck but I would be the last to trash luck in such a way.

You're stuck.

In reply to by Stan522

Hmmm... J S Bach Thu, 06/07/2018 - 16:57 Permalink

Regarding:

"  But, don't worry, wherever we move, you can rest assured we'll bring all of our open-minded wisdom and amorality with us." "

 

Some do but many don't.  There are quite a few conservative people who are older, with a more seasoned & rational way  of looking at life who carry great values & behavior where ever they go.  Everyone isn't  a nutcase.  There  are many of them, yes...but not all.  Personally, I think that people of Cali on the whole, add a great deal of beauty and color to the world. ..To the places that they immerse themselves in.  Maybe I'm just speaking for myself & those that I know.

Most of our existence on this planet is very, very gray despite what continue to insist that we believe.

Have a great day & thanks for the post!  {smile}

Pam&Punky

In reply to by J S Bach

Katos Stan522 Thu, 06/07/2018 - 11:52 Permalink

I made my escape last month to the beautiful land of Idaho.  I haven't looked back. Not only is it equally beautiful here, but the people are sensible,  logical,  and conservative!!! Everyone is friendly,  prices on everything are substantially lower, and the dropping of my rent by close to 50%, has eased the burden of finances I was beginning to feel as my rent jumped a 100 dollars a year over 7 years. Good riddance to the idiots running California,  and the idiots who keep voting them in!!

In reply to by Stan522

Banker Buster LetThemEatRand Wed, 06/06/2018 - 22:17 Permalink

Do everyone a favor Cali people, leave your political ideas at the state line because they are worth dog shit.  Accept that there are many reasons you want to leave and most of those reasons are because of the political ideology in that area that have led to most of those problems.  Realize that you are a new born baby when it comes to politics and you don't know shit and allow yourself to learn and take in outside ideas.  Most of you are basically a refugees from a place you help burn to the ground.  One last thing, you are not allowed to wear any other shirt other than the one that says "slap me i'm from California" for at least 1 year.  Good luck

In reply to by LetThemEatRand

Katos Banker Buster Thu, 06/07/2018 - 11:59 Permalink

People moved to California for different reasons, and just because you lived there, does not mean you agreed with the political system thier. That is stupid and short sighted. I moved to California because a lot of my family was there. We lived in Monterey which is probably one of most beautiful places I've ever been. Sadly, as the rents in san Francisco and san Jose climbed to record levels, the property owners in Monterey got greedy and wanted thier share of the pie. Family or no, there's only so much I'm willing to spend to be close, and they exceeded that this year. I moved to Idaho,  and anticipate recuperating my expenditure to move in 6 months.

In reply to by Banker Buster

Hmmm... Katos Thu, 06/07/2018 - 15:43 Permalink

Howdy Partner!

Regarding:

" I moved to California because a lot of my family was there. "

 

It's true.  There are many stories related to peoples decisions to move there or away from there.  We initially moved to San fran because of a family member.  A Godfather who passed 5 months ago.  Dennis Peron, RIP. 

In spite of the fact that San fran has always been my city by the bay, we never would have made the decision to move there had it not been for Dennis.  It was ridiculously expensive.  But our circle of friends provided a bubble that considerably softened the blow so we never really had to deal with much of the awful truth regarding San fran.  We had different set of experiences there,

That is... until we had our first & last up close & personal encounter with homeless criminality there.

Our car had been broken into directly in front of the Castle on 17th street in the Castro 2 years ago.  After spending the night there, we were horrified to come outside to discover that.  That event totally "broke our spirit" too.  It completely changed our perspective about a whole host of things related to crime & the homeless in San fran.  I was always terribly sympathetic to nearly everything there but when we awoke to see that our car had been broken into, the side and back windows completely bashed out, Punky's new carrier and our two thick new sweaters & a heavy jacket stolen---I was pissed!  Fuck being sympathetic to a bunch of low life's running around destroying peoples property for their own self interest.  That stuff wasn't free to us.  Somebody had to pay for that.  All of it!  We aren't rich.  We're struggling too!  My husband works like a dog to make sure that we had / have what we need to survive here.  That was a major, "fuck you, whoever you are!" violation to us from somebody that we didn't know from a can of  paint!  It negatively clouded my way of seeing things there.  I used to want to help the homeless but after that event, the only thing I wanted to do was look way.  It's unfortunate too, because that kind of criminal activity pisses people off to the point that they become resentful & unwilling to ever help at all, when they could actually do something.  It seems like a catch 22 thing that hurts everybody involved.  My husband & I had to pay for that shit.  It cost us a great deal, on a whole host of levels.  We had to sweep up our car glass from the street, patch up our 2 windows with cardboard & then make a rough, winding & windy treacherous 3 and 1/2 hour drive up the mountains home.  Since he's the lone provider & needs his car for his work, he couldn't work until he made that car repair.  Because of all of the intricacies, it took nearly 3 months.  What a fucking nightmare.  I was enraged.  We both were.  That effectively changed or rather altered our trips to visit there and we didn't appreciate having to be punished like that.

There are many places to go outside of Cali, my husband & I are very much aware of that, especially now that our godfather has past.  Dennis Peron, RIP.

In spite of this incredibly beautiful & protective bubble of paradise that we're blessed to be here in Mendocino, we're also realistic.  Painfully so.  The differences & the values are so glaring & extreme between us here...that if the Northern portion of Cal doesn't completely pull away from the Southern portion of Cal,  we will be in the midst of reconsidering too.

Thanks again for the great post.  It gave Punky & I a wonderful place to respond.  Have a great day!  {smile} 

Pam&Punky

In reply to by Katos

Chris2 wisehiney Wed, 06/06/2018 - 21:55 Permalink

SF is a rich town now. 15 yrs ago this guy who was American living in Italy said "SF is too cheap, it's a Pacific Rim city." I was like ...WAT? He was right.

My kid is making 250K and his wife 150K working in Tech. It's all about the jobs, weather, natural beauty,  location.

In reply to by wisehiney

Canoe Driver espirit Wed, 06/06/2018 - 23:39 Permalink

I have a similar income. It will take a married couple with a slowly increasing $400k annual income an average of 15 working years to save $1M if they also have a house payment. At the end of their careers the 2 of them, if still married, will have maybe $3M in assets if they never screw up. They will also usually by that age be tied to the area and will remain, trying to live on $5000 a month when an outhouse is selling for $2M. The American Dream is not for them, either.

 

 

In reply to by espirit

Chris2 overbet Wed, 06/06/2018 - 22:11 Permalink

How is that income inequality? Both are high achievers.

My kid is a rainmaker, he brought in revenue to the company of 1.4 million last quarter.

He is a superstar, they know it, he is courted by all these companies because its a very small pool in Tech.

They work hard, he shows up at 4:45 am and leaves at 7 pm. He drove Uber to get himself through college, his wife took 10 yrs to finish her education and working full and time and being a mother.

Come on...they are the American Dream realized.

In reply to by overbet