Rumors About Bakersfield

[Francois Acosta]

Recently, I met a man who owns multiple properties and some in the Bakersfield area. He mentioned that the Bakersfield area is sinking? Is that true? Property is pretty “cheap” compared to other areas. Like to hear from others

[Sanjeev Advani]

@Francois Acosta I think the man that you were talking was correct about the sinking problems but that was studied a few years ago.  I live in Bakersfield and we have not seen any major structural damage as of yet.  In fact the city is growing at a rapid pace and striving to diversify its job growth from being known as the "oil & ag" town.  

As far as property being pretty cheap, everything is relative.  Is the property cheaper than almost anywhere else in CA with a similar size population? Yes.  Is the property cheaper than other parts of the country?  No.  

If you are interested I would love to chat further!  Feel free to PM me!