Author Topic: Great Migration: Wealthy Gen X-ers Are Moving  (Read 1031 times)

Mackin USA

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Great Migration: Wealthy Gen X-ers Are Moving
« on: August 11, 2019, 12:42:55 PM »
Baby boomers, ages 55-75, have long been migrating to Southern states as they enter retirement years. Now a new study shows wealthy Generation X, ages 40-54, are doing much of the same.

https://www.zerohedge.com/news/2019-07-30/great-migration-gen-x-ers-are-moving-these-states

#3 North Carolina
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rcjordan

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #1 on: August 11, 2019, 01:18:41 PM »
>NC

'Cause we have everything --beaches, mountains, 5.25% state income tax, high gasoline tax, city & county property taxes.

Mackin USA

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #2 on: August 12, 2019, 10:45:16 AM »
...............and
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Drastic

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #3 on: August 15, 2019, 12:34:19 PM »
The states that aren't typically warm on this list? Legal weed. lol

rcjordan

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #4 on: August 15, 2019, 03:26:55 PM »
NC #8 best

The 10 Best and 10 Worst States to Retire in 2019 | National Real Estate Investor
https://www.nreionline.com/seniors-housing/10-best-and-10-worst-states-retire-2019/gallery?slide=2

<added>
SC & Calif on the bad list.
« Last Edit: August 15, 2019, 03:29:53 PM by rcjordan »

ergophobe

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #5 on: August 15, 2019, 06:27:00 PM »
The 10 Best and 10 Worst States to Retire in 2019 [/b]| National Real Estate Investor

The problem is that, because of my hobbies and tastes, I'd rather be working where I am than retired in most of the states on that list. One unifying factor for the "best" states is that most of them are pancake flat. I just can't do it. I did five years in Wisconsin and it was really hard for me.

Drastic

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #6 on: October 29, 2019, 02:18:08 PM »
>SC & Calif on the bad list.

Missed this earlier. I almost wish our city would make some bad lists. It's constantly on top10 lists to move to and these mfs won't stop pouring in. I'm going to have to gtfo soon.

rcjordan

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #7 on: October 29, 2019, 03:14:58 PM »
>won't stop pouring in

The same happened to Wilmington NC. It really went crazy when they finished I-40 to it, making it only 2 hours from Raleigh.  I still love it there, but now it's a big, sprawling mess traffic-wise.  ....And all the good bistros and restaurants get overwhelmed.  About a year ago, my daughter told me they've finally found a little mom & pop Italian place hidden in an old strip mall.  She said the locals were keeping it a secret.  Didn't work. Now it's slammed.  Going out to eat anywhere that's good is like that Biscuit place we ate in Asheville --crowds lined up out to the sidewalk.

rcjordan

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #8 on: October 29, 2019, 03:22:50 PM »
<added>

>Calif on the bad list.

I've been wondering what the fires and power outages are going to do to Calif migrations.  Even telecommuting goes to hell when you can't rely on power and access.

ergophobe

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #9 on: October 29, 2019, 05:11:52 PM »
>NC

'Cause we have everything --beaches, mountains, 5.25% state income tax, high gasoline tax, city & county property taxes.

My brother keeps saying he's headed your way now that the kids are done with school.

Me, I subscribe to the Daniel Pinkwater philosophy of suffering. Explaining his choice of car, he said that everyone has a quota of suffering in life and you can fill your quota by owning a Peugot.  I'm planning to fulfill mine by living in California... I write this on short sleep after listening to my absentee neighbor's generator run for 60 hours straight. All night long.

littleman

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #10 on: October 29, 2019, 05:16:25 PM »
>Calif on the bad list.

The only positive I can see about the fires and the PG&E failings is that maybe it will stem the tide of people flooding into this state.  I am so sick of the crowds.

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #11 on: October 29, 2019, 05:24:01 PM »
>>The states that aren't typically warm on this list? Legal weed. lol

And Washington has no state income tax.

We are seeing a big flood of people moving to Spokane from California, Portland, and Seattle. Talking to my real estate agent friend many of them are selling their homes there and are able to make all cash offers on houses twice as big as they are coming from. $250K will get you a nice 4 bedroom, 2500 sq foot house in a good neighborhood. $400-500K gets you an excellent house in an excellent neighborhood or a good house with 10-20 acres of land.


rcjordan

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #12 on: October 29, 2019, 07:16:29 PM »
>My brother keeps saying he's headed your way now that the kids are done with school.

No, no, no. Tell him to go to, ummm, ummm, Greenville SC. He'll like it there, I swear.

Mumble, mumble. Sumbitches keep moving in and screwing up my state.

>schools

Yeah, while we have top-notch universities, our secondary school system is crap.

ergophobe

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Re: Great Migration: Wealthy Gen X-ers Are Moving
« Reply #13 on: October 29, 2019, 09:44:37 PM »
He already works for a company in NC. Part of the reason for the move is he's tired of being the only person in a satellite office. So he doesn't have "the world" on the table.

Mackin USA

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