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Message
re: Are wages in CA really that much higher than LA?
Posted on 4/15/16 at 10:42 am to Goldrush25
Posted on 4/15/16 at 10:42 am to Goldrush25
quote:
Wages are higher here, but not enough to compensate for the cost of living. It's simply more expensive to live here.
Also, we're leaving out the fact that money from outside the state of California buys up property there as well.
Not many tycoons from China or Russia want to buy a house in Louisiana for the views.
This post was edited on 4/15/16 at 10:43 am
2
Posted on 4/15/16 at 10:48 am to Teddy Ruxpin
quote:
Not many tycoons from China or Russia want to buy a house in Louisiana for the views.
Obviously they haven't toured NO east.
Posted on 4/15/16 at 11:44 am to Teddy Ruxpin
quote:
Also, we're leaving out the fact that money from outside the state of California buys up property there as well.
Not many tycoons from China or Russia want to buy a house in Louisiana for the views.
Yep, regular Los Angelenos get pushed out by all-cash Chinese buyers. So they move to Bywater where they think $400K for a lead paint-ridden 3/2 is a "steal." Which causes the New Orleanians to move to St. Charles Parish. Where those people move I have no clue.
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