The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early CampFIRE

URL:  http://boards.fool.com/i-dont-know-why-it-never-occurs-to-the-30544886.aspx

Subject:  Re: California vs Texas Date:  2/15/2013  4:42 PM
Author:  TheBaronAndrew Number:  671698 of 744743

I don't know why it never occurs to the California bashers that there might be a number of reasons why people are willing to pay more to live in California than in a Super Walmart mecca like Texas. If you want to use these cherry-picked statistics to bash California, as if it's a *bad* thing for a state's lifestyle and real estate values to command higher prices, you'd be forgetting some basic free market principles in order to do it.

I suppose that you could argue that it might be better for some people's bottom line to live in a low income, low property value, low cost (and standard) of living state like Texas. I could move to Texas and enjoy a lower cost of living, but I won't get paid as much, so it would be kind of wash. I could sell my modest house in the Bay Area and buy a McMansion in Texas. But then, I'd have to live in Texas.



I, for one, would rather live in a broom closet in San Francisco than in a McMansion in Texas. If you're lucky enough to live in one of the great world cities, the entire city is your "living room", in a sense.

It's been my observation that the places with the lowest cost of living tend to be the most boring ones.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us