Lake Tahoe is absolutely beautiful. It is considered one of the most beautiful lakes in the world. For anyone who has been there, the feeling of majesty is simply overwhelming. It is also one of the most fun places in the world. World class ski resorts, alpine hiking, towering peaks, 5 star resorts, glitzy casinos, and a huge lake in which to play. Sounds great eh?
Right now I am converting what will probably be my last fractional owership home in the Lake Tahoe area. Don't get me wrong. I will sell every last share in this thing, but I have had it. I won't even have to try to sell the shares, because of the location, the price, and the absolute beauty. It will be an easy sale. But, not as easy as a few years ago.
The problem is that this house is in California. Years ago, that would have been the sole reason to buy the place. California was the Golden State. Everone wanted to move or go there. when on vacation in another state or land, just mention that you are from CA, and watch them fall in love with you. Not anymore.
I get calls from potential share buyers of my home. "Oh, its on the California side", "Will you be doing one in Nevada sometime soon, we are not interested in that state", "California, no thanks", etc. You can see how it goes. Like I said before, I will sell the entire home, but it will take a bit more work this time.
California has become unaffordable. Tax and spend. A fee for everything. Everything in life is regulated and taxed. "Sir before you can do that, you must fill this form out in triplicate and then pay a $35 filing fee". Government abounds. The entire state has been run into the ground by liberals. Well meaning liberals, but libs just the same. They want to control you and tax you. Basic Lib 101.
Over the last few years I have read where more people have actually left the state than have entered it. In our grandparents day that would have been surprising. Everyone wanted to live there. Now the only folks who want to live there, are illegals from Mexico, and even they end up moving on to other states, once they see how bad it is.
If we as Americans continue down the same road that California has over the last few decades, we will all want to leave our once great country.
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