Your Survival Guy

Preparing your investments and family for when disaster strikes.

Disclosure

  • Home
  • Your Survival
    • EMP Threat
    • Tucker Explains
    • Newport Gas Outage
    • Water
      • Emergency Water Storage
      • Let There Be Water
    • Get Your Gun and Your Training Now
    • Satellite Phones
    • Navy SEAL Survival Kit
  • Your Money
    • Coronavirus Infects Stock Market
    • Looking for a Better America
    • You Invest, They Win
    • Where to Keep Your Cash
    • Paris
    • How to Buy a Boat
    • Dead or Alive? The Future of Long-Term Investing
    • Is Vanguard too Big?
    • Cryptocosm and Life After Google
    • The Last Intelligence Report
    • The Truth Behind the S&P 500
    • RAGE Gauge
    • How Many “Retirees” Will Keep Working?
    • Your Retirement Life
    • You’ll Love This if You’re Dreaming of an Active Retirement Life
  • Weapons
    • Self Defense
    • Every Family Should Own at Least One Shotgun: Here Are Three
  • About Me
    • Preparing for Times Like These
    • My Videos/Pics
    • Music
      • RIP Neil Peart: You Will Always Be Remembered as a “Modern-Day Warrior”
  • You
    • Our Cabin on Kodiak, Alaska
    • If You Are in Pain, this May Help. It Helped Me.
    • How to Save for a Grandchild
    • FIRE! Financial Independence, Retire Early
    • Compound Interest
    • Arithmetic of Portfolio Losses
    • Maximum Portfolio Withdrawal Rate
    • An Efficient Frontier
    • Retirement Compounders
    • Counterbalanced Total Returns
  • Survive & Thrive
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • March 2020
    • February 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • Welcome

Where Can You Live the American Dream for Less than $2 Million Bucks?

May 31, 2017 By E.J. Smith - Your Survival Guy

California is dreaming. Where else in the world do regular homes go for well over $2 million bucks? There are cracks in that foundation. As an aside, take a look at the chart. The top three holdings in the MSCI USA Growth Index are: Apple, Amazon.com, and Facebook. Look familiar?

 

Source: BofA Merrill Lynch Global Investment Strategy

Now forget about this chart. It’s scary. I don’t want to scare you.

I want to point you to one of my favorite annual reports.

Every year around this time, like Christmas in May, demographer Joel Kotkin and Pepperdine University public policy professor Michael Shires publish The Best Small and Medim-Size Cities For Jobs 2017. I’ll talk about that more fully in another post. But today I want to point out one part of the report to you.

Here’s where it gets fun.

In this year’s edition for the largest cities, for the first time this decade, San Francisco lost its No. 1 slot to, drum roll please, Dallas.

Dallas?

You got it.

As Kotkin points out, Dallas, like most other fastest-growing metros, boasts lower costs and taxes, and has created more middle-class jobs than its California rivals.

Haven’t we been pointing out that Texas is open for business? It’s no joke.

Taxes and costs actually do matter to businesses.

And being able to buy a regular home for less than $2 million bucks is important to employees too.

OK, California is not dead. Kotkin notes that the San Francisco area which includes San Mateo remains vibrant.

But, as Kotkin explains from his extensive number crunching: “More troubling may be the weakening of the adjacent San Jose/Silicon Valley economy, which dropped six places to eighth — respectable, but not the kind of superstar performance we have seen over the past several years.”

California Dreamin’ – The Mamas & The Papas

The following two tabs change content below.
  • Bio
  • Latest Posts
My Twitter profileMy Facebook profileMy Instagram profile

E.J. Smith - Your Survival Guy

E.J. Smith is Founder of YourSurvivalGuy.com, Managing Director at Richard C. Young & Co., Ltd., a Managing Editor of Richardcyoung.com, and Editor-in-Chief of Youngresearch.com. His focus at all times is on preparing clients and readers for “Times Like These.” E.J. graduated from Babson College in Wellesley, Massachusetts, with a B.S. in finance and investments. In 1995, E.J. began his investment career at Fidelity Investments in Boston before joining Richard C. Young & Co., Ltd. in 1998. E.J. has trained at Sig Sauer Academy in Epping, NH. His first drum set was a 5-piece Slingerland with Zilldjians. He grew-up worshiping Neil Peart (RIP) of the band Rush, and loves the song Tom Sawyer—the name of his family’s boat, a Grady-White Canyon 306. He grew up in Mattapoisett, MA, an idyllic small town on the water near Cape Cod. He spends time in Newport, RI and Bartlett, NH—both as far away from Wall Street as one could mentally get. The Newport office is on a quiet, tree lined street not far from the harbor and the log cabin in Bartlett, NH, the “Live Free or Die” state, sits on the edge of the White Mountain National Forest. He enjoys spending time in Key West and Paris. Please get in touch with E.J. at ejsmith@yoursurvivalguy.com
My Twitter profileMy Facebook profileMy Instagram profile

Latest posts by E.J. Smith - Your Survival Guy (see all)

  • Be Dangerous: Biden’s Progressive Puppeteers’ E.O. Gun Grab - April 9, 2021
  • It’s as Simple as 4%? No, Not Anymore - April 9, 2021
  • One Word Explains the Worth of Your Neighbors’ House - April 8, 2021
  • Your Survival Guy Stock: Witness This Dividend Miracle - April 7, 2021
  • Why Your Life Before COVID Isn’t Coming Back - April 6, 2021

If you enjoyed this post, email it to a friend:

  • Email
  • Print
  • Facebook
  • LinkedIn
  • Twitter
  • WhatsApp

Related Posts

Trending

  • Biden Tax Hikes: I’m Here to Help, But Only if You’re Serious
  • Be Dangerous: Biden’s Progressive Puppeteers’ E.O. Gun Grab
  • One Word Explains the Worth of Your Neighbors’ House
  • Constitutional Carry: Another State Chooses Second Amendment Freedom
  • Biden Prepares First Wave of Assault on Second Amendment With Executive Orders
  • April RAGE Gauge: Are Your Bond Funds Dead or Alive?
  • You Need To Be Dangerous: Democrats Want You Harmless
  • You're Telling Me Friends Ask You This Question
  • Your Survival Guy Stock: Witness This Dividend Miracle
  • It’s as Simple as 4%? No, Not Anymore

YOUR SURVIVAL GUY MUST READS

  • How Can You Make Money in Your Sleep? Read on…
  • H2O, Skiing, Hiding A$$ET$, Bitcoin, Ammo & More
  • Is Your Stock Portfolio Suffering from the Dunning Kruger Effect?
  • Your Retirement Planning Can Feel Like Catching an Airplane
  • It’s the COVID Stupid: Don’t Stop BELIEVIN’
  • Living Your Best Life: FIRE! (Part I)
  • Your Retirement Life: “You Want Maine Lobster”
  • Can You Even Afford To Retire in Biden’s America?
  • Buying Time When You Need to Flee
  • Californians Desperate to Escape: Look for the Island Life
Only if You’re Serious
Second Amendment
See Who's Missing the Boat
Find Freedom in America
Great Reset
Financial Independence, Retire Early
Richard  Young Reports
Why Fidelity is Number One
The Best States for Survival
Pandemic Creates Virtual Panopticon
Emergency Water Storage
You Invest, They Win
Escape the City
How You Can Save Money for Your Grandchild
Why Vanguard is Too Big for YOU
Money 101
Island Life
Smith Family Robinson

Copyright © 2021 | Terms & Conditions

loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.