Why housing is so expensive in California

[bripat9643]

California is a more desirable place to live than Florida. Simple supply and demand. Are leftwing regulations forcing people to buy homes in California? Of course not. People want to live there.

Why a lot of people are moving out of California

The article explains that home prices are too high for some people because real estate in California is very desirable. Supply and demand. If the demand wasn't there the housing market would be a wreck. It isn't.

Kinda skipped over the part saying more people moved out than moved in didntcha sparky.

You are bullchit. Cali economy and population growth is on the up. It generates enough federal taxes to balance and subside the red states who need government aid to balance their budgets.

The shitty republican states like Kansas are in debt and California is running a surplus. States like CA and NY pay more into federal to help shit states like that. It's time these conservatives start paying their own way and get off the dem state tit.

Just end all those welfare programs if you don't like paying for them. Otherwise, shut the **** up.

 

[Toro]

There is simply too much regulation.

The housing shortage is being exacerbated by new local regulations that are meant to protect home buyers from another home price collapse. However, what the new regulations have done is make housing more expensive, and out of the reach of many first-time buyers.

The drip irrigation requirement is intended to deal with California's water shortage. Unfortunately, they are enforcing it against anyone who wants to make improvements to their home, not just on new housing. The result is that it drives up the price of housing for low-income buyers.

I really don't understand why they demand that you cut down perfectly beautiful mature trees and replace them with new mature trees. It must be so they can mandate the type of tree on your property. Just another heavy handed regulation that makes no consideration for the real world.

We wouldn't have water crises if Jerry Moonbeam hadn't cancelled the California Water Project (put in place by his father when he was governor) in the 1970s. We have plenty of rain in wet seasons that could be stored for our cyclical dry periods. Instead, it flushes into the ocean because Jerry has Daddy Issues.

I think that’s a hippie environmentalist west coast thing. When I lived in Vancouver several years ago, the environmentalists were making a similar argument against retaining fresh water run-off because it was bad for some ocean fish nobody had ever heard of, or something like that.

 

[Toro]

I like to watch the show "Flip or Flop" where a California couple makes a fortune buying delapidated houses and turning them into gems. On one show they wanted to redo the front yard of the home by installing sod. Their contractactor told them if they wanted to install sod, the newly updated local building code required them to install a drip irrigation system. Fixing the existing system wasn't allowed. They also had to cut down all the large trees on the property and replace them with mature trees. "Mature" means trees costing hundreds or even thousands of dollars. The total cost was estimated at $20,000

That's the way your local government promotes affordable housing!

The governent is here to help you. There's no such thing as bad regulations, right snowflakes?

Weekend before last the Wall Street Journal ran an interesting article on why homes are so expensive in California and why homelessness is such a huge problem. It seems that any squatter whop occupies a house or apartment, whether they sneak in at night during construction or sign a rent agreement and never pay, has a state supported lawyer. The State of California provides free lawyers to any squatter all the way up to the state Supreme Court. Homeowners and landlords are quickly bankrupted out of their property by their own tax dollars being used against them.
According to the author the going rate for a homeowner to rid himself of a squatter is about 20,000.00 which the state extorts and hands over to the squatter in exchange for leaving. The author, a lawyer, was involved in a case wherein the lady squatting was receiving her 3rd 20,000 payment of the year and had bankrupted a Mexican man who bought a small bungalow to provide an income for his daughter to attend college. He had to give up the bungalow.
The socialists not only destroyed another dream but ensured that the daughter will have to take out loans all the while funding their squatting voter.

The snowflakes like to blame it all on corporate greed, but we all know that government is responsible for the high cost of housing in California. Government is always the cause whenever you find such economic anomalies. The media will never report these stories, however.

That’s part of it. High prices in CA are also caused proximity to the ocean which restricts supply, beautiful weather which causes people to want to live there, a booming economy, and NIMBYism often by liberals who want to find a solution to the housing problem but not if it affects them in any way.

 

[bripat9643]

I like to watch the show "Flip or Flop" where a California couple makes a fortune buying delapidated houses and turning them into gems. On one show they wanted to redo the front yard of the home by installing sod. Their contractactor told them if they wanted to install sod, the newly updated local building code required them to install a drip irrigation system. Fixing the existing system wasn't allowed. They also had to cut down all the large trees on the property and replace them with mature trees. "Mature" means trees costing hundreds or even thousands of dollars. The total cost was estimated at $20,000

That's the way your local government promotes affordable housing!

The governent is here to help you. There's no such thing as bad regulations, right snowflakes?

Weekend before last the Wall Street Journal ran an interesting article on why homes are so expensive in California and why homelessness is such a huge problem. It seems that any squatter whop occupies a house or apartment, whether they sneak in at night during construction or sign a rent agreement and never pay, has a state supported lawyer. The State of California provides free lawyers to any squatter all the way up to the state Supreme Court. Homeowners and landlords are quickly bankrupted out of their property by their own tax dollars being used against them.
According to the author the going rate for a homeowner to rid himself of a squatter is about 20,000.00 which the state extorts and hands over to the squatter in exchange for leaving. The author, a lawyer, was involved in a case wherein the lady squatting was receiving her 3rd 20,000 payment of the year and had bankrupted a Mexican man who bought a small bungalow to provide an income for his daughter to attend college. He had to give up the bungalow.
The socialists not only destroyed another dream but ensured that the daughter will have to take out loans all the while funding their squatting voter.

The snowflakes like to blame it all on corporate greed, but we all know that government is responsible for the high cost of housing in California. Government is always the cause whenever you find such economic anomalies. The media will never report these stories, however.

That’s part of it. High prices in CA are also caused proximity to the ocean which restricts supply, beautiful weather which causes people to want to live there, a booming economy, and NIMBYism often by liberals who want to find a solution to the housing problem but not if it affects them in any way.

One reason that housing is cheap in Tokyo is that fact that you can build on any size lot. If you have a 300 sq ft triangle shaped lot, you can build on it right up to the sidewalk, and many people do. There are no minimum sizes for bedrooms, kitchens or living rooms. In California there are all kinds of regulations saying you can't build within 10 feet of the property line, and so many feet from the road. You can't have more than two stories. and yada, yada, yada. There are also vast tracts of land that have been declared "open space" or "nature reserve" where nothing can be built. All these regulations drastically reduces the supply of buildable land.

 

[Toro]

I’m building a house right now in Florida. We just broke ground a few weeks ago. The second day, my builder found a gopher tortoise. It’s a protected species. I had to get a permit and a licensed turtle moving professional to move it. It cost me $4000 to move that thing a couple hundred yards and a week’s delay. It shouldn’t cost that much, and I don’t know why I need a licensed guy to move it.

 

[Mr Natural]

Unlike Gooberville in the middle of nowhere, California is actually a desirable place to live.

Hence the high property values.

Economics 101.

 

[Thinker101]

Wrong, assshole. The price of real estate in Florida is less than half of what it is in California. The average price of a condo in Tokyo Japan is less than half of what it is in California. California homes are expensive because of leftwing government regulations.

California is a more desirable place to live than Florida. Simple supply and demand. Are leftwing regulations forcing people to buy homes in California? Of course not. People want to live there.

Why a lot of people are moving out of California

The article explains that home prices are too high for some people because real estate in California is very desirable. Supply and demand. If the demand wasn't there the housing market would be a wreck. It isn't.

Kinda skipped over the part saying more people moved out than moved in didntcha sparky.

You are bullchit. Cali economy and population growth is on the up. It generates enough federal taxes to balance and subside the red states who need government aid in the first place.

And you are a dumbass. The only population growth that's up in California is the illegal immigrants.

 

[Thinker101]

Why a lot of people are moving out of California

The article explains that home prices are too high for some people because real estate in California is very desirable. Supply and demand. If the demand wasn't there the housing market would be a wreck. It isn't.

Kinda skipped over the part saying more people moved out than moved in didntcha sparky.

You are bullchit. Cali economy and population growth is on the up. It generates enough federal taxes to balance and subside the red states who need government aid to balance their budgets.

The shitty republican states like Kansas are in debt and California is running a surplus. States like CA and NY pay more into federal to help shit states like that. It's time these conservatives start paying their own way and get off the dem state tit.

This guy gets it!

No kidding, is that what a participation trophy looks like?

 

[boedicca]

There is simply too much regulation.

The housing shortage is being exacerbated by new local regulations that are meant to protect home buyers from another home price collapse. However, what the new regulations have done is make housing more expensive, and out of the reach of many first-time buyers.

The drip irrigation requirement is intended to deal with California's water shortage. Unfortunately, they are enforcing it against anyone who wants to make improvements to their home, not just on new housing. The result is that it drives up the price of housing for low-income buyers.

I really don't understand why they demand that you cut down perfectly beautiful mature trees and replace them with new mature trees. It must be so they can mandate the type of tree on your property. Just another heavy handed regulation that makes no consideration for the real world.

We wouldn't have water crises if Jerry Moonbeam hadn't cancelled the California Water Project (put in place by his father when he was governor) in the 1970s. We have plenty of rain in wet seasons that could be stored for our cyclical dry periods. Instead, it flushes into the ocean because Jerry has Daddy Issues.

I think that’s a hippie environmentalist west coast thing. When I lived in Vancouver several years ago, the environmentalists were making a similar argument against retaining fresh water run-off because it was bad for some ocean fish nobody had ever heard of, or something like that.

Yep. The same people wonder if it violates their vegan ideology if they breastfeed their babies.

 

[BrokeLoser]

I like to watch the show "Flip or Flop" where a California couple makes a fortune buying delapidated houses and turning them into gems. On one show they wanted to redo the front yard of the home by installing sod. Their contractactor told them if they wanted to install sod, the newly updated local building code required them to install a drip irrigation system. Fixing the existing system wasn't allowed. They also had to cut down all the large trees on the property and replace them with mature trees. "Mature" means trees costing hundreds or even thousands of dollars. The total cost was estimated at $20,000

That's the way your local government promotes affordable housing!

The governent is here to help you. There's no such thing as bad regulations, right snowflakes?

10 million illegal wetbacks packed in like the cockroaches they are...14 to a two bedroom have driven rents through the roof which has consequently blown up home values.

 

[DOTR]

That’s part of it. High prices in CA are also caused proximity to the ocean which restricts supply, beautiful weather which causes people to want to live there, a booming economy, and NIMBYism often by liberals who want to find a solution to the housing problem but not if it affects them in any way.

I guess I would agree that it is overkill to lay it to any one problem. There are multiple reasons real estate is so high in California...but every one is made worse by big government policies.
I also agree California is a beautiful state. Broke but beautiful. They have squandered so many of their advantages and become, at least in the cities, sort of third world. Two bedroom houses that go for a million dollars and mansions for the Silicon Valley elites with an undocumented underclass doing the lawns and nanny work.
Anyhow I dont live there and never would. And I dont want to pay for it. Trumps reduction of property tax deductions had Pelosi running to the tax office to beat the deadline for a few dollars..."crumbs" I think she called it...but it will be better if I dont pay the bills for another state to hand out.

 

[bripat9643]

I’m building a house right now in Florida. We just broke ground a few weeks ago. The second day, my builder found a gopher tortoise. It’s a protected species. I had to get a permit and a licensed turtle moving professional to move it. It cost me $4000 to move that thing a couple hundred yards and a week’s delay. It shouldn’t cost that much, and I don’t know why I need a licensed guy to move it.

Why didn't you just pick it up and carry it the couple hundred yards and slip your contractor $500 to shut his ******* yap?

 

[bripat9643]

Unlike Gooberville in the middle of nowhere, California is actually a desirable place to live.

Hence the high property values.

Economics 101.

Real estate prices are high in California because the government there sucks ass, and for no other reason.

 

[Thinker101]

Unlike Gooberville in the middle of nowhere, California is actually a desirable place to live.

Hence the high property values.

Economics 101.

No doubt California is nice, the scenery and weather is great. Having the highest income taxes, highest state sales tax, highest gas tax, highest homeless population...not so great.

 

[Issa]

Lots of bs in thread, here is the real reason real estate is expensive in California:

It is a desirable place to live.

Wrong, assshole. The price of real estate in Florida is less than half of what it is in California. The average price of a condo in Tokyo Japan is less than half of what it is in California. California homes are expensive because of leftwing government regulations.

Supply and demand sweet heart. I dont think you been to Tokyo. Its extremely expensive and wages are low. They mostly rent and the size of the houses are extremely small.

California is a highly desirable area because of: good economy (work opportunities), good weather, good hospitals, good schools, ect....

You are just jealous and hating.

I just refered you to a site that shows housing is half the price that you pay in California. I watched an hour long video about the price of housing in Tokyo.

The bottom line is that California sucks, and it's all due to the leftwing government. The schools in California are the worst. They are ranked 49th in quality. The hospitals are no better than anywhere else. The weather has nothing to do with the government. The economy is good only because Silicon valley is located there. That's purely an historical accident that occured before the left took over the state.

You just stated your hate and no facts. When I was planning to move to the US it was known to most that one should move to a blue state or area...because of the opportunities, the universities and most importantly the people are open minded. It's a known fact that red areas generally are poor regressive and less accepting.

My wife was born in here in late 60s and she is practically the only one I know that was born here. Most caucasian Americans I met or I know migrated from mostly red states for better life.
In our area the average property tax is 30k a year now that's a salary. But keep in my mind people have a better life quality. We have a year pass to the best amusement parks that are only few minutes drive, we have ski resorts within a short drive and we have the beach within few feet. And my kids school celebrates the end of ramadan and diwali...and we never come across bigots...now tell me what red state or area that offer all of this ?

 

[OnePercenter]

We have the same building codes in Vegas as they do in California, but the price of a home in California is twice as much as Vegas so your theory doesn't hold water.

No they don't, dumbass.

Yes we do dumbass.

No you don't, dumbass. Which building codes are you referring to, the ones in San Francisco, or the ones in Bakersfield? Do houses in Las Vegas have to be built to withstand earthquakes? Of course they don't.

You're a liar, plain and simple.

Who pays you to be stupid, the Koch Brothers?

"(NV‐3) 278.580 Chapter of the NRS: Mandates that any governing body shall amend its building codes to include seismic provisions of the International Building Code and the standards for the investigation of hazards relating to seismic activity including, without limitation, potential surface ruptures and liquefaction."

Nevada - Western States Seismic Policy Council

Nevada is not an earthquake zone. There are no "siesmic provisions," numskull.

Better let the Koch Brothers know you failed again!

The State of Nevada is located in “earthquake country.” It lies within the Basin and Range Province, one of the most seismically active regions in the United States. Along with California and Alaska, Nevada ranks in the top three states subject to the most large earthquakes over the last 150 years.

Earthquake Information

 

[OnePercenter]

Lots of bs in thread, here is the real reason real estate is expensive in California:

It is a desirable place to live.

Wrong, assshole. The price of real estate in Florida is less than half of what it is in California. The average price of a condo in Tokyo Japan is less than half of what it is in California. California homes are expensive because of leftwing government regulations.

Supply and demand sweet heart. I dont think you been to Tokyo. Its extremely expensive and wages are low. They mostly rent and the size of the houses are extremely small.

California is a highly desirable area because of: good economy (work opportunities), good weather, good hospitals, good schools, ect....

You are just jealous and hating.

I just refered you to a site that shows housing is half the price that you pay in California. I watched an hour long video about the price of housing in Tokyo.

The bottom line is that California sucks, and it's all due to the leftwing government. The schools in California are the worst. They are ranked 49th in quality. The hospitals are no better than anywhere else. The weather has nothing to do with the government. The economy is good only because Silicon valley is located there. That's purely an historical accident that occured before the left took over the state.

You just stated your hate and no facts. When I was planning to move to the US it was known to most that one should move to a blue state or area...because of the opportunities, the universities and most importantly the people are open minded. It's a known fact that red areas generally are poor regressive and less accepting.

My wife was born in here in late 60s and she is practically the only one I know that was born here. Most caucasian Americans I met or I know migrated from mostly red states for better life.
In our area the average property tax is 30k a year now that's a salary. But keep in my mind people have a better life quality. We have a year pass to the best amusement parks that are only few minutes drive, we have ski resorts within a short drive and we have the beach within few feet. And my kids school celebrates the end of ramadan and diwali...and we never come across bigots...now tell me what red state or area that offer all of this ?

Where exactly do you live with 30k/yr property tax?

 

[Mr Natural]

Unlike Gooberville in the middle of nowhere, California is actually a desirable place to live.

Hence the high property values.

Economics 101.

Real estate prices are high in California because the government there sucks ass, and for no other reason.

That's just ******* stupid on your part.

 

[Wolfstrike]

the more money that changes hands, the more the government passes rules to Nickle and dime

 

[froggy]

Map: Illegal immigration costs California most, $23B, all states $89B