Everyone Wants to Leave California. Should Retirees Follow the Crowd?
· finance.yahoo.com
A couple in their early 70s sits on a paid-off California home and watches a familiar pattern unfold. Friends leave for Texas, Tennessee, Arizona, and Florida, lured by lower taxes, cheaper housing, and the promise of stretching retirement dollars further. The temptation is understandable. On paper, selling a California house and relocating can unlock hundreds ... Everyone Wants to Leave California. Should Retirees Follow the Crowd?
Quick Read
Prop 13 saves California's long-term homeowners up to $11,000 annually in property taxes compared to what a new buyer pays on the same home.
Texas ...