Why Are People Leaving California? The Truth About the “Exit Tax” & Prop 13

Are you thinking about escaping California or wondering how the massive migration out of the Golden State works? In this video, Tammy Goolsby dives deep into the real migration data, the hidden financial costs of moving, the truth about the California “exit tax” myth, and what is really happening with Proposition 13 and Prop 19.

Discover where former Californians are relocating (including top destination states like Nevada, Arizona, Texas, and Florida), how out-of-state buyers leverage equity, and why California’s housing market inventory remains frozen despite the ongoing exodus.

Key Timestamps:

[00:00] Introduction: The California Exodus & Migration Data

[00:50] Why Are People Leaving? Cost of Living & Housing Prices

[01:33] Top Destination States for Relocating Californians

[02:38] How California Buyers Impact Out-of-State Real Estate Markets

[04:19] The Inventory Paradox & The Sub-5% Mortgage “Lock-in Effect”

[05:40] Debunking the California “Exit Tax” Myth & Audit Risks

[07:39] The Truth About Prop 13 & Prop 19 Inheritance Rules

Connect with Tammy Goolsby (California Real Estate Expert):
📍 Serving Amador County
📧 Email: tammy.goolsby@cbrealty.com
📞 Call/Text: (209) 332-0118

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California has always been a popular place to call home, but things are changing.

Between high home prices, the cost of living, and California’s Proposition 13 property tax rules, buying a home today can look very different from buying one years ago.

At the same time, more Californians have been moving to other states looking for more affordable housing and a lower cost of living.

So, is the “Great Migration” really changing California’s housing market?

Let’s talk about it. What do you think?

#CaliforniaHousing #Prop13 #Proposition13 #GreatMigration #CaliforniaRealEstateMarket #HousingMarket #TeamGoolsbyRealEstate

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