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Started By
Message
re: The house that sold for $800K over asking price speaks to the inequity of California
Posted on 11/19/17 at 8:27 am to StupidBinder
Posted on 11/19/17 at 8:27 am to StupidBinder
quote:
I don’t think that people in Silicon Valley earn ten times what tech earners in other parts of the country earn.
They definitely don't unless you're talking senior management and up at the top companies. The typical SDE isn't making enough to cover the housing differential
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Posted on 11/19/17 at 8:32 am to Sayre
She'll still benefit from things made possible due to the nursing unions there.
Never lived or worked there, but knew many travelnurses that worked there. They raved about how nurses in CA get automatic overtime anytime they work 8 hours in one day(so that is 4 hours of overtime for every 12 hour shift you work...which is usually the standard shift at a hospital). Also...California is one of the few states that has mandatory nurse to patient ratio laws.
So means nurses in CA are paid much better than any other state and have better working conditions.
Never lived or worked there, but knew many travelnurses that worked there. They raved about how nurses in CA get automatic overtime anytime they work 8 hours in one day(so that is 4 hours of overtime for every 12 hour shift you work...which is usually the standard shift at a hospital). Also...California is one of the few states that has mandatory nurse to patient ratio laws.
So means nurses in CA are paid much better than any other state and have better working conditions.
Posted on 11/19/17 at 8:37 am to Sayre
Companies with good long-range planning have relocated operations to other states because of housing issues in California.
Posted on 11/19/17 at 8:38 am to member12
quote:
Why can't developers knock down smaller houses in places near CalTran in San Mateo County and replace them with multi-story condo or apartment towers?
2 reasons
1. NIMBYs, who hold a lot of power in CA due to
2. very strict local/county regulations that inhibit growth
that's a major reason why there is a housing shortage in these areas. most affluent areas in CA refuse to allow a Houston-like sprawl
California progressives want it all and that's just not possible. you can't create economically prosperous areas with high regulation and property taxes (Which is what the author in OP wants) and have poor people live like/with those directly participating in the prosperity
Posted on 11/19/17 at 8:43 am to Sayre
quote:
That home has probably increased greatly in value over that ten years. They should be able to sell it for a tidy profit.
see but that doesn't even accomplish what the intended goal is
if you force the "normal people" to sell their home b/c outsiders have jacked up the rates, then all you're doing is indirectly tearing up these communities. you still force out the middle/low class people and create class divides in areas
Posted on 11/19/17 at 8:43 am to lsunurse
I like California and my wife is a nurse in California. She makes a lot of money and the work conditions are very, very good (low census, etc)
However, I am from the middle of nowhere and I own acreage in Oklahoma that I like to hunt and hang out at. There's a trade off in every single place you live. I have lived in 8 states in the past 20+ years and they all have their good and bad points.
However, I am from the middle of nowhere and I own acreage in Oklahoma that I like to hunt and hang out at. There's a trade off in every single place you live. I have lived in 8 states in the past 20+ years and they all have their good and bad points.
Posted on 11/19/17 at 8:46 am to lsunurse
quote:
She'll still benefit from things made possible due to the nursing unions there.
She most definitely is.
Posted on 11/19/17 at 8:48 am to El Segundo Guy
quote:
There's a trade off in every single place you live
Very true.
I just don't get this board's obsession with hating on California.
Posted on 11/19/17 at 8:49 am to lsunurse
quote:
Never lived or worked there, but knew many travelnurses that worked there. They raved about how nurses in CA get automatic overtime anytime they work 8 hours in one day(so that is 4 hours of overtime for every 12 hour shift you work...which is usually the standard shift at a hospital). Also...California is one of the few states that has mandatory nurse to patient ratio laws.
So means nurses in CA are paid much better than any other state and have better working conditions.
there are costs, to this, too
just like he said he gets paid more as an electrician but has to pay $2500/mo for his condo. nurses are in a similar boat
when you're a service worker in a hot market, you will get paid more than BFE or the south, but you'll always be a renter and your primary long-term equity will likely be tied up in some sort of union-created pension. you are kind of a wage slave in the nexus of economic opportunity
so yeah you' make more, but you're never going to be able to afford a decent home within a reasonable distance from your work and you are tied to that job/system or you lose your retirement. it can definitely work but there are trade offs for those cushy deals/wages
Posted on 11/19/17 at 8:49 am to El Segundo Guy
quote:
However, I am from the middle of nowhere and I own acreage in Oklahoma that I like to hunt and hang out at. There's a trade off in every single place you live. I have lived in 8 states in the past 20+ years and they all have their good and bad points.
Absolutely.
I really feel for people like my apprentice I had on my first job in CA last year. He was in 4th of 5 years of apprenticeship. 27, spent a tour in the Navy. Wife and two young kids. He makes good money,but he's having to live with relatives, because every time he makes an offer on a house, someone swoops in and pays cash for it before he can close.
Posted on 11/19/17 at 8:54 am to SlowFlowPro
Or...you could temporarily live in California as a travelnurse.
You still make the big bucks that CA nurses make and are also given free fully furnished housing (with all utilities paid for as well). They will even pay for a rental car for you as well if you need one(if you don't...then you will usually get a higher hourly base rate from the travel complany).
You still make the big bucks that CA nurses make and are also given free fully furnished housing (with all utilities paid for as well). They will even pay for a rental car for you as well if you need one(if you don't...then you will usually get a higher hourly base rate from the travel complany).
Posted on 11/19/17 at 8:55 am to lsunurse
quote:
I just don't get this board's obsession with hating on California.
the coastal south and SF/SV areas of the north are progressive havens who happen to have stumbled into some major industries
5M people left CA b/w 2004 and 2013 for a reason
and the author in OP was hating on California much more than people in this thread. most were just responding to Sayre being inflammatory about Cali
Posted on 11/19/17 at 8:57 am to lsunurse
You're right. My wife has a max census of 4 and mandatory lunch time. If someone asks her 1 work related question during a break, the nurse gets paid for the lunch break.
Posted on 11/19/17 at 8:58 am to StupidBinder
quote:
In most parts of the country, that house wouldn’t sell for $200K, much less north of $2MM.
I’ve only been to California once (as a kid) so I don’t know what it’s like to live there. I sure hope it’s absolutely amazing.
This isnt normal even for most of California.
Sunnyvale is the IT capital of the world probably.
Posted on 11/19/17 at 9:03 am to Sayre
My first job was at the legacy Intel campus in Santa Clara on Bowers, where all the mask are made that Intel makes their chips from
Intel is spending a couple billion dollars re-gutting the two main buildings there. They're replacing the complete life safety systems, adding an incinerator to burn production by products, replacing every single electric motor on the site, etc, etc.
I had the opportunity to ask some of the Intel people why they just didn't build another site somewhere else. They said it's because they have a lot of the very best people in their fiends working there. They're on the cutting edge of chip production, and are in the middle of one of the huge retrofits they have to do in their process every five years or so as things advance. If they built somewhere else, they're afraid they'd lose those highly valuable employees to companies like Global Foundries, NVIDIA, etc, because they simply like living in the region so much. So, Intel spends twice what they would if they built elsewhere, to ensure they're continues market domination in their industry.
Intel is spending a couple billion dollars re-gutting the two main buildings there. They're replacing the complete life safety systems, adding an incinerator to burn production by products, replacing every single electric motor on the site, etc, etc.
I had the opportunity to ask some of the Intel people why they just didn't build another site somewhere else. They said it's because they have a lot of the very best people in their fiends working there. They're on the cutting edge of chip production, and are in the middle of one of the huge retrofits they have to do in their process every five years or so as things advance. If they built somewhere else, they're afraid they'd lose those highly valuable employees to companies like Global Foundries, NVIDIA, etc, because they simply like living in the region so much. So, Intel spends twice what they would if they built elsewhere, to ensure they're continues market domination in their industry.
Posted on 11/19/17 at 9:10 am to SlowFlowPro
quote:
just like he said he gets paid more as an electrician but has to pay $2500/mo
I split the rent with another traveling electrician.
I make a nice amount back in tax refunds with deductions related to traveling to work, although this new tax bill will likely mean I end up paying more taxes now.
I've made $118 this year, and have only worked 6 months.
You're goddamn right this place is awesome.
quote:
your primary long-term equity will likely be tied up in some sort of union-created pension
Actually, there's a pension and an 401k type annuity.
Plus killer health insurance.
quote:
but you're never going to be able to afford a decent home within a reasonable distance from your work
I went from sitting for sitting every day fighting the traffic northbound on LA1 into Baton Rouge to a 7 mile commute down San Tomas expressway. I can make it to work in under 15 minutes, and get home in about 30.
Granted, I don't own the condo. But I'm able to much more quickly save a down payment for a nice place to retire to someday.
This post was edited on 11/19/17 at 9:13 am
Posted on 11/19/17 at 9:12 am to Sayre
oh yeah the whole SF/SV area has grown around Big Tech
Big Tech is a primary economic driver of our entire national and international economy (along with petro)
articles like the one in OP want to siphon a bigger cut of this economy via government and that's how you kill the goose laying golden eggs
it's the same as the union contracts nurse referenced (and that i'm sure you enjoy the fruits of). however, those are deals negotiated via groups while this is a forced wealth redistribution via government, so it's a bit different (even with the government aid unions enjoy in CA)
there are benefits and costs of having major industries. articles like the one in OP just try to be way too negative about the costs and they frame their arguments terribly. that's why people end up hating California as a concept, b/c it's one of the most progressive states in the US and this is an example of that mindset.
the sad part for NorCal is that it's subsidizing the major welfare state of SoCal. i was always shocked that they don't support breaking up CA for this reason. they could become even more affluent if they weren't bearing the burden of SoCal
Big Tech is a primary economic driver of our entire national and international economy (along with petro)
articles like the one in OP want to siphon a bigger cut of this economy via government and that's how you kill the goose laying golden eggs
it's the same as the union contracts nurse referenced (and that i'm sure you enjoy the fruits of). however, those are deals negotiated via groups while this is a forced wealth redistribution via government, so it's a bit different (even with the government aid unions enjoy in CA)
there are benefits and costs of having major industries. articles like the one in OP just try to be way too negative about the costs and they frame their arguments terribly. that's why people end up hating California as a concept, b/c it's one of the most progressive states in the US and this is an example of that mindset.
the sad part for NorCal is that it's subsidizing the major welfare state of SoCal. i was always shocked that they don't support breaking up CA for this reason. they could become even more affluent if they weren't bearing the burden of SoCal
Posted on 11/19/17 at 9:13 am to lsunurse
quote:
I just don't get this board's obsession with hating on California.
I’ve lived and worked there twice. I didn’t like the superior and entitled attitude that is prolific. And I’ve also lived in Northern Virginia, Hawaii, Scottsdale so I do have a reasonable frame of reference. It’s just not my cup of tea.
Posted on 11/19/17 at 9:15 am to Sayre
quote:
But I'm able to much more quickly save a down payment for a nice place to retire to someday.
*not in the area you work
i'm not hating on your decisions just speaking about the issues, generally
you're not making any mistakes and i'm not criticizing your choices
Posted on 11/19/17 at 9:17 am to SlowFlowPro
quote:
most were just responding to Sayre being inflammatory about Cali
Pointing out that there's a lot of bullshite out there is inflammatory?
quote:
5M people left CA b/w 2004 and 2013 for a reason
And more than that have moved into CA. Net migration is positive.
You can cherry pick your stats all you want. There's another side to all of them.
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