Oh god no. I saw what a great California Migration could do to a place. Looking at you, Oregon. People I know in Montana voted Trump just because it would piss of Californians (that and Clinton had zero shot in MT).
I've also been noticing more west coast licenses on cars out here over the last few weeks. Not sure if that is due to Dunning-Kruger or a real blip in data.
My parents, who bought their house in the early 70's before the oil shocks, pay under $500 a year in property taxes. Their neighbor, who bought his house in 2014, pays just shy of $5000 according to online tools. Not sure what that adds to the conversation, but those numbers bring the whole debate into focus for me. Once you get lucky enough to get into a good house out there, you stay put else your taxes go way up.
An ex-girlfriend of mine moved out to San Francisco in '91, bought a house in the city proper, worked her ass off for five years before saying "this is insane out here" and moving back to the midwest. She lived in the place just shy of six years and made more on the sale of the property than she did working in that same time frame. I wish to hell I had my shit together back then to buy land, but what can you do? My parent's house is going to easily sell for $600K, even if there is a correction. Both have said that they are not leaving that house except in a hearse. I told them stay there because if things go south my brother and I can pay their taxes and insurance. Meanwhile, in 10 years out here my house and lot have gained about $10K in value in 15ish years. Then again I can afford to live out here and have a decent life outside of work.
Real estate is crazy. California real estate is a special kind of crazy. San Francisco real estate is a special kind of California crazy. Our house in suburban Seattle has more than doubled in value... since 2000. Our apartment in LA? Our landlord bought it in 2007. He was $150k underwater by 2009. When we moved out in 2013 he increased the rent $1000/mo and then sold it in 2015 to a $150k profit.