GhettoChild

Do you live in a state with an income tax? Why not move to a state with lower tax obligations and lower how much you spend on taxes that way.

Everything I have seen has indicated that cost of living in NYC is actually lower than in the SFBA but then again many people would not even consider in living in some of the boroughs

I have always been of the mindset that if companies were willing to pay SV salaries in cheap parts of the country they would be able to recruit smart people to move there. Money is an amazing motivator.

As someone who grew up in The Bay I never really comprehended the blandness of the Valley until I started traveling. Other than the weather there is nothing about SV that is all that special or unique. Its as if you dropped of Tulsa Oklahoma on coastal California.

Thats the case for every company in The Bay. Only the most senior of employees make enough to live in a home near work.

If their goal was to avoid taxes they should have moved to Wyoming instead.

I moved from the Bay Area to Houston in the summer. Having grown up in the bay I assumed that it would cool down at night like it does in California. I was wrong.

Property Tax rates are higher in Texas. But there is no major city in California near a job center where I am able to get a nice move in ready home for 250k. A comparable home to that house that is 250k in California will be paying more in property taxes annually.

https://www.redfin.com/TX/Houston/9730-Arched-Oak-Dr-77095/h...

Not at all.

Monterey >>> Santa Cruz

You still pay less money for a comparable property even though the rates are higher.

I am always amused by the people who think that being scared to move as an attribute. Yet, they hate people who have moved to where they live.

Thats just not true at all. All that means is that you're slow and forget to move your oil pan from underneath your oil drain to underneath the filter.

Then again I was raised by a single immigrant mom. I was taught to pinch pennies in ways many people cannot relate to.

They will just go to Microsoft that is located in Redmond that is not affected by the tax.

They really do think that big businesses are not able to relocate 10 minutes away to a place without this tax.

they can cut their pay and their employees could still be better off since they are going to be expaning in Austin where there is not state income tax.

Also, the company will be able to save more money since everything is cheaper from taxes to real estate in other states compared to California.

The article I read said that they were going to give their current employees the opportunity to relocate. It did not specify if there was going to be a change in their income though.

I have heard so many people justify companies locating in the Bay are due to the talent found in the area. While that may be true I have a hard time believing that companies would not be able to recruit in cheaper large cities like Austin, Dallas, Chicago, Philly, Etc if they offered Bay Area money.

How about double the size for 325k?

https://www.redfin.com/MO/St-Louis/1219-Washington-Ave-63103...

Salton City, CA

you can buy a nice new house in most of the country including many of the largest cities in the country. Only that people always try to find reasons why the cities that are cheap are not cool enough for them

Thats something that has always amused me about the peninsula (other than SF). Other than the weather there really isn't anything remarkable about the place.

Parts of Wyoming (Jackson area) have actually been having lots of people (relatively) moving there and is now surprisingly expensive.

Senior Vice President.

Time for google to buy it and really expand google fiber.

Nowhere in the world is perfect. Everywhere is a compromise.

Im sure you can.

Even when taking property taxes into account it is. look up how much comparable homes to that 350k home in illinois are in NY/CA and how much their property taxes are in addition to that significantly higher home prices.