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California, at least Bay Area in particular, has a slightly different problem that is keeping people stuck here. People can’t live here without both husband an
by harikb 7y ago
California, at least Bay Area in particular, has a slightly different problem that is keeping people stuck here.
People can’t live here without both husband and wife working full time. Now to move to a different city or state, both husband and wife needs a job there or the new salary + cost of living must equal the other person quitting their job. That is just a difficult mental model to get over. It will happen, but only at the breaking point
- hcknwscommenter 7y agoTotally agree. Add in the fact that, if you do move to a lower cost area it is typically a mostly an irreversible step. You'll never save up enough to move back. By the time you change your mind, CA house prices and rent will have risen another 7% yoy, and inventory will be in the gutter because prop 13 discourages people from selling and rent control discourages people from moving. For some, that is not an issue. For me, well, I have lived here almost my whole life. I'd like the option to change my mind.
- CalRobert 7y agoAlso, throwing your kid in a new school, giving up your friendships, etc. is not withoud downsides.