Great information Lady and gentlemen! Thank you I appreciate it. Enjoyed the banter and the information. Let me give credence to Mr. James Dainard analysis. I didn't buy my homes in PHX at the price point that Mr. James Dainard is buying at. But over ten years ago, I purchased four homes in PHX that I still own at a much lower price than Mr. James Dainard purchased his house, but what he is saying is absolutely correct even at a lower price point. There are ~3 summer months were the A/C has to run each year which the utility bill can be offset with a few solar panels. All the best in Scottsdale! Depending on what entertainment you prefer, There's a lot to do in PHX & a lot of events come to phx!
One thing I've learned from urban planners on UA-cam is that urban areas subsidize suburbs. Suburbs lack density and depend on speculative growth to survive. If growing suburbs stop growing, they have trouble funding maintenance on roads, bridges, and government services. If you're in the suburbs for the longer term, be careful.
I moved from Maryland to Alabama because they do not tax your pension. Both my wife and I have government pensions. I was also able to take Maryland money and buy rentals in Alabama
doubt that climate change factors into the thought process of moving. However, political division definitely does. In 2020-2022 we saw leaders harp down on their constituents with demands of do what i say not what i do. If people love their state, they will stay but when the leaders put in yes high costs to feed their government/regulations to feed their government then they will move to a government that is not as offensive. Lack of law and order will cause movement as well, like in the city of st louis, people don't feel safe so not only are residents fleeing but so are the businesses...
Yall are talking about million dollar homes. Middle class isn’t buying million dollar homes and the middle class is wrecked. If their rich they can make the housing market look strong cause the houses being bought are expensive
I really don't think climates changing is controversial. The reason for the climate change is controversial. Facts show that climates are changing in some areas causing higher insurance rates.
Love the show still but y'all give James way too much shit about having money 😆 He frames problems in percentage to make it relatable. This is a Wealth building related podcast right? 😆 Don't change James!
A lot of people have been burned out, flooded out or have their house blown down. They moved because of climate change, not a fear of climate change. Today's host won't buy in flood zone and that should be a clear indicator on their real perspective on climate change.
Great information Lady and gentlemen! Thank you I appreciate it. Enjoyed the banter and the information.
Let me give credence to Mr. James Dainard analysis. I didn't buy my homes in PHX at the price point that Mr. James Dainard is buying at. But over ten years ago, I purchased four homes in PHX that I still own at a much lower price than Mr. James Dainard purchased his house, but what he is saying is absolutely correct even at a lower price point. There are ~3 summer months were the A/C has to run each year which the utility bill can be offset with a few solar panels.
All the best in Scottsdale! Depending on what entertainment you prefer, There's a lot to do in PHX & a lot of events come to phx!
Thanks for the "warm" welcome!
One thing I've learned from urban planners on UA-cam is that urban areas subsidize suburbs. Suburbs lack density and depend on speculative growth to survive.
If growing suburbs stop growing, they have trouble funding maintenance on roads, bridges, and government services. If you're in the suburbs for the longer term, be careful.
I moved from Maryland to Alabama because they do not tax your pension. Both my wife and I have government pensions. I was also able to take Maryland money and buy rentals in Alabama
Geo-arbitrage is a great house hack!
I can relate to James. I own property in Hawaii. I look forward to buying in Arizona.
Aloha to Hola!
You guys are always so awesome full of information . love the podcast all the time every time. Of course listen on UA-cam😊
Thank you!!
good stuff!
But values did go down about 10% in some markets. Look at Florida for example. The boom towns did go down.
😂James & his "$30mil unrelatable problems."😂
Great seg!
I need new friends.
WATER!! Nobody is talking about the future of water in these Sunbelt states. People will migrate to states that border on fresh water lakes.
How about massive layoffs and a major downturn in the stock market? I have to listening to realtors. Major slant,
doubt that climate change factors into the thought process of moving. However, political division definitely does. In 2020-2022 we saw leaders harp down on their constituents with demands of do what i say not what i do. If people love their state, they will stay but when the leaders put in yes high costs to feed their government/regulations to feed their government then they will move to a government that is not as offensive. Lack of law and order will cause movement as well, like in the city of st louis, people don't feel safe so not only are residents fleeing but so are the businesses...
Climate factored in my relocation decision heavily. To each their own :)
Yall are talking about million dollar homes. Middle class isn’t buying million dollar homes and the middle class is wrecked. If their rich they can make the housing market look strong cause the houses being bought are expensive
I really don't think climates changing is controversial. The reason for the climate change is controversial. Facts show that climates are changing in some areas causing higher insurance rates.
Florida is a mess. A Tax free state isn’t worth it .
Love the show still but y'all give James way too much shit about having money 😆 He frames problems in percentage to make it relatable. This is a Wealth building related podcast right? 😆 Don't change James!
THANK YOU! Trust me, I didn't think this was in the cards when I was living in my moms basement with my two kids lol
@@ProjectRE you're killing it man, big props to you!
@@yaobling Thanks bro!
A lot of people have been burned out, flooded out or have their house blown down. They moved because of climate change, not a fear of climate change. Today's host won't buy in flood zone and that should be a clear indicator on their real perspective on climate change.