Dai asked in Social ScienceEconomics · 10 months ago

Why is it so expensive to live in California? ?

What would you say some are the main factors that contribute to the high prices of rent.

10 Answers

  • Anonymous
    10 months ago

    It's supply and demand. A lot of people want to live there so the prices skyrocket. San Francisco, California has one of the best job markets in the United States. People get higher salaries so prices are driven up. There are higher standards of living, a lot to see and do, and the newest innovation in technology (for the USA). Apple, eBay, Facebook, Netflix, etc. were all started in California for a reason. Even Yahoo was started in California! :-)

  • 10 months ago

    largely government caused inflation

    a few examples from say 75 through 1985

    rent, a lot fewer govt rules & regs for homeowners to get some extra income by renting a b room in OC,( orange cty),200-250 bucks,, the rent by market choice,meant use if the kitchen and bathroom,( std in the lease that all had to have)

    a fram GM big guy air filter,CA 136, 3 bucks, WD40,11oz buck 37, 30 weight penzoil motor oil,49 cents, armor all,16 oz 1 37, 6 oz,99 cents,

    qt refill armor all,5.64,,,,

     colleges and unis admin salaries, 6 figures,, double jobs,one PT and full time, pensions set by crony pols and admins,,double dipping.

    greed????????? greedy government is the sucker of cheaper housing,,taxes on property long ago paid off in loan obligation,,govt assumes the bank control so they can keep feeding themselves and idiot dead end projects and waste,,,,,,which waste?  long beach high speed railroad,,dams up north neglected,,dead underbrush and 40m dead trees that fed the last round of wildfires

    california drought ruins fruit & veggie farming in sanfern valley,,in order to save the snail darter californias 2-5.-000.000 non citizen latinos,,free bennies to them at whose expense doya think?,anyone purchasing anything for the house a regular necessity,,from TP to garden hose rugs on the floor pictures on the wall,everything is more costly because the wholesaler or factory where they are made,passes the increased cost on to the purchaser,,which would be you,,for those in rio linda

    now blame the rich not paying their fair share

  • Oiy
    Lv 6
    10 months ago

    The rich are gathering around there. Money is nothing for them.

  • 10 months ago

    As more rats gets packed in a cage; everything goes up, violence; cost of living, everything.  Overpopulation causes all kinds of problems.  I am a former California resident.  Got the hell out of there in 1994, because it is expensive as hell.  I came to Kansas, which is a conservative, republican state.  Yet, out here we don't have to shoot each other over a parking space.  You might have to give up weed; if you come out here.  However, rent is cheap; and air is clean.  

    Source(s): Former California resident.
  • What do you think of the answers? You can sign in to give your opinion on the answer.
  • 10 months ago

    it's a desirable place to live because of the climate, and because of the ocean, secondly. It's much more expensive to live in San Francisco than it is inland.

    I live in California and yes, it's expensive.

  • JuanB
    Lv 7
    10 months ago

    Everyone wants to live there.  And some of the people (everyone) are extremely rich and willing to pay more to be there, driving prices up even more.

  • 10 months ago

    Lots of people move to California for the great year around weather.  And they tend to concentrate near the coast.  Lots of people for limited amount of space - rents go up.  

  • Anonymous
    10 months ago

    Higher standards of living, higher pay, everything costs more.

  • Anonymous
    10 months ago

    One person starts charging more and that makes all the property values go up. Then everybody thinks their one bedroom shack is worth a king’s ransom. 

  • 10 months ago

    Demand. The demand for living spaces is high because of the high level of population and that is in the large metro areas.Not all of California is expensive. Why is New York so expensive? Not all of New York is expensive. Manhattan is crazy expensive because of the amount of people in the area. .

Still have questions? Get answers by asking now.