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Hopefully not to Cali.Are we going somewhere with this thread ?
Hopefully not to Cali.
Or SC. You would be surprised how many people are moving here from NY. You can sell a little bungalow in Ny or NJ, take the money from that sale, come to Columbia, buy a 3,000 sq foot lake home and pocket $200,000 of excess revenue from the little bungalow you sold in NY. I saw it happening over and over when I worked at TD bank here in Columbia- that bank is huge up in the NE so lots of those people banked with us...When a small single family ranch home costs 800k, 100k don't go that far.I don't understand how anyone making 70-80k can live in Ca or NY.The high income techies and illegal immigrants are moving in and the blue collar -lower income white collar are moving to Texas,Idaho,or Colorado.
Or SC. You would be surprised how many people are moving here from NY. You can sell a little bungalow in Ny or NJ, take the money from that sale, cone to Columbia, buy a 3,000 sq foot lake home and pocket $200,000 grand of excess revenue from the little bungalow you sold in NY. I saw it happening over and over when I worked at TD bank here in Columbia- that bank is huge up in the NE so lots of those people banked with us...
Are we going somewhere with this thread ?
Home? My cousin rents a modest 2 br 1 bath apartment in San Fran for $2200 a month. I promise you it’s nothing fancy$100,000 is nothing in California. You can spend that on your RENT in a modest home.
Exactly... that is over $25,000 a year just for rent! Think about your true take home from $100k after taxes, SS, any payroll deductions ... it is less that $50k net for most people.. how the Hell is someone supposed to live off that when over half your money is going just to pay your rent and then everything else costs more too? Pfft... They can keep Cali!Home? My cousin rents a modest 2 br 1 bath apartment in San Fran for $2200 a month. I promise you it’s nothing fancy
Happens all the time anywhere in the Southeast US. They also draw a six figure pension from the job in NY - many of them government pensions.Or SC. You would be surprised how many people are moving here from NY. You can sell a little bungalow in Ny or NJ, take the money from that sale, come to Columbia, buy a 3,000 sq foot lake home and pocket $200,000 of excess revenue from the little bungalow you sold in NY. I saw it happening over and over when I worked at TD bank here in Columbia- that bank is huge up in the NE so lots of those people banked with us...
Yup... Meanwhile, if I sell a home in Columbia and turn a nice profit- say 20-30 grand- then move to NY, it will barely pay for a down payment on a shack up there!Happens all the time anywhere in the Southeast US. They also draw a six figure pension from the job in NY - many of them government pensions.
Unbelievable. When I got out of AF in Jan '65 two of is rented a two bed 1 bath apt for $35 PM.Home? My cousin rents a modest 2 br 1 bath apartment in San Fran for $2200 a month. I promise you it’s nothing fancy
But why would you want to do such a thing? LOLYup... Meanwhile, if I sell a home in Columbia and turn a nice profit- say 20-30 grand- then move to NY, it will barely pay for a down payment on a shack up there!