5 Reasons Why People are Moving to Southern California Today
Every year thousands of people move to Southern California and it really should come as no surprise as to why. Between its incredible weather, excellent employment opportunities, diverse culture, real estate, and laid-back attitude Southern California truly has something to offer everyone. Let’s look at some of these amazing benefits that the area offers.
Weather
Everyone knows that the weather in Southern California is outstanding.
Residents never have to worry about waking up to a cold floor or driving
through whiteout conditions. Southern California experiences almost always
sunny and warm weather.
Employment
The state of
California is an expensive place to start a business, especially when compared
to states throughout the mid-west and the south. The parking regulations,
permits, and taxes are all significantly higher, but there is one thing that
the state offers more than almost any other- the number of potential customers
who like to spend their money.
The city of Los Angeles also has more jobs available than ever. In fact, Los
Angeles County decreased to less than 5% in 2017. In fact, as of January 2017,
unemployment declined by 7,000 jobs and civilian employment increased by 6,000
reaching a high of 4,810,000.
Diversity
When you live in Los Angeles, you live in a rich tapestry of cultures,
lifestyles, and adventures. In fact, many consider Los Angeles to be the ideal
location for those who want to be surrounded by and embrace a variety of
lifestyles.
Real Estate Investing
Real estate
investors from around the world consider Southern California to be among one of
the most strategic places to purchase their next property and add to their
portfolios.
For example, Chinese investors consider homes in California’s coastal cities to
be comparatively inexpensive and Chinese investors surpassed Canadian’s in
United States property purchases. In fact, the Chinese outbound capital to the
United States reached approximately $10 billion last year. The National
Association of Realtors reports that international purchasing in the United
States is at an all-time high, with $92.2 billion foreign dollars being pumped
into the United States, with much of that being pumped into Southern
California.
It isn’t just foreign real estate investors who are using the Southern California area to expand their property portfolio. American investors are embracing the many opportunities that the area has to offer.
The Attitude of Southern California
In Southern California, the
dress and attitudes are significantly more casual than many other places. This
casual attitude permeates almost all areas of daily living with a
live-and-let-live attitude. Many people migrate to Southern California to
reinvent themselves, and so people here are less interested in family pedigree
and traditional class status.