Declining Home Prices In These Cities

[Caroline Gerardo]

Sharing the Freddie Mac Worst Cities in terms of declining values. Boom towns zoom towns going down. 

Probably time to sell in Boise.

[Bill B.]

I saw a video talking about 2022 California to Texas migration. It said 53,000 households had moved. I thought, that sounds kinda small and insignificant. Then they said those households had more than $7billion in income they brought with them, saving over $700 million/yr in state income tax. 

That’s a household making $140k/yr. One well paid worker or 2 decently paid workers. That’s the real problem for California. People who can afford to leave will and with the top 1/2 of 1% of the population paying 50% of the taxes it’s a real top heavy load to bear. 

And let me tell you, they don’t even talk about their influence on Vegas any more, but we have become California East. The same people talking about the great California exodus insist on tying the same policies here. I always hoped to live long enough to see the California collapse, but I may leave Vegas by then. What’s left? Tennessee?