Despite an honest attempt to seek out more great things about the East Coast, several readers actually proceeded to bash the West Coast instead! What’s up with that? Some curiously mentioned that the East Coast is fantastic because the horrendous weather for half the year makes the other six months so wonderful. Ummm, that’s like saying you appreciate your right hand more because you chopped off your left hand! Wouldn’t you rather have both hands?
The only positive takeaway from the comments I agree with is the cluster of historically significant cities within a several hours drive. Other than that, nobody came up with any stand out reasons other than the six I provided as to why East Coast living is great. Given that the West Coast was attacked, I feel it’s important to stand up and defend our honor!
WEST COAST > EAST COAST
* Beautiful Weather. With blue skies and sunshine, we have wonderful beaches, healthier, and happier people. There’s a reason why movie stars and other celebrities work and live on the West Coast. Why do you think there are so many songs about “California Dreaming”?
* Entrepreneurial Opportunities. Google, YouTube, Yahoo, eBay, Apple, Facebook, Twitter, Microsoft, Amazon and many more innovative, life changing companies are all based on the West Coast. How many self-made 35-year old or younger mega-millionaires or billionaires can you name from the East Coast? Not many.
* Access To Asia. Asia is where the growth is and not Europe. Travel to Asia is quicker, and doing business with Asia is therefore easier. When it’s 8am in China, it’s still only 5pm here on the West Coast. Communicating at 8pm EST is no fun, and therefore doesn’t happen as often.
* Vacation Paradise. Hawaii is just a quick and direct 4.5 hour flight away! Hawaii is seriously one of the top 5 greatest places on Earth to live, and anybody who tells you otherwise has never experienced the island. Besides Hawaii, there is Tahiti, Bora Bora, Samoa, and of course many wonderful vacation spots in Asia.
* World Class Winter Sports. Lake Tahoe and Whistler have 11,000 feet high mountain resorts whereas the East Coast has icy Killington in Vermont and the Catskills in New York. I’ve been to all four places, and I can tell you there really is NO comparison between West Coast and East Coast skiing/snowboarding. Can you imagine getting dumped on with no mountains to ski down? That’s like living on top of a hill with no view! There is no point.
* More Peaceful People. A large reason why many people are on the East Coast is because of a job opportunity or family. As a result, resentment builds for the region because they wouldn’t be there otherwise. This is a recipe for some very grumpy people. Meanwhile, a large reason why many people live out West is for a better lifestyle as well as job opportunities and family. Because people are living a better lifestyle, you have a much more pleasant social environment.
* Less Crooks. Do you think it’s a coincidence that some of the biggest crooks in America such as Bernie Madoff, Elliott Spitzer, Dennis Kozlowski (Tyco), and countless dirty politicians are all based on the East Coast? Of course not. I’ll leave it up to you to figure out why.
* Healthier People. Because the lifestyle is much better on the West Coast, there are much happier and healthier people in places like California. The healthier you are, the less you have to pay for health insurance and crucial life insurance if you have dependents. Take a look at the latest term life insurance policy rates with PolicyGenius. They make comparing term life insurance policies across all the major carriers easy. Given policy prices are regulated, you’re guaranteed to get the best rates possible.
* Lower Home Maintenance Costs. There’s no such thing as freezing pipes bursting on the West Coast. There isn’t snow, hail, and rain storms crushing the integrity of your house. As a result, maintenance and home insurance costs are much lower.
* Lower Power Bills. There’s never a need to use air conditioning to cool or heat yourself in many places on the West Coast given the moderate temperatures. Opening a window is all you need during the summer to get that draft going. Adjusting thermostats is a foreign concept! There is much less to spend on home maintenance as well.
* Less Auto Accidents. With better weather comes less accidents. Less accidents means lower auto insurance prices. Check with eSurance for a free auto insurance quote to see how much you can save. They are owned by State Farm and are one of the most trusted insurance companies online.
* Environmental Movement. People love the Earth out here. California was the first to ban smoking in public places, and the state is a pioneer in recycling and emissions standards. We are the home of organic cuisine (Chez Panesse Alice Waters), Tesla Motors (electric car company), as well as thousands of tree huggers! If you love the environment and want to help save the world, you’ll love the West Coast.
* Great Athletics. The Golden State Warriors won the 2015 and 2016 NBA Championship! Meanwhile, the San Francisco Giants won three world series in the last five years. During the winter, I can play golf on Saturday in 70 degree weather, and drive 2.5-3 hours on Sunday to go snowboarding in 2 feet of powder! We’re truly blessed with amazing athletics.
* Watching The Sunset Into The Ocean. If you live on the East Coast, you’ll never see the beautiful sunset into the ocean.
* Pride. If you live on the West Coast you won’t have to make sensationalist statements such as “Florida will be torn apart in the next Tornado”, “It’s so humid in Washington DC you can go swimming in your own sweat“, “You’ll die early because you’ll never want to go outside,” “Be careful about the next enemy siege,” and other ridiculous statements to make yourself feel better about yourself. You don’t have to disparage like some on the East Coast will do about West Coasters because you’re already living the dream!
THE WEST COAST IS THE BEST COAST
I know I don’t have to give any reasons why the West Coast is a much better place to live because it’s pretty obvious. It’s like wondering whether Bill Gates is rich, duh. I give reasons anyway to highlight to those who bash the West Coast what they’re missing. It’s easy to look down upon those out West if you’ve never experienced living out here. But as someone who has lived on both coasts, the choice is obvious. Perhaps this post will make things even more obvious!
I’m here to tell you that if you are miserable out East, do more than just make fun of the West Coast. Do something to change your life by moving! The settlers did so hundreds of years ago, and so can you in much quicker a time. Have no fear in seeking a better life. You deserve it!
* Shop around for a mortgage: Mortgage rates have collapsed after Brexit, and US assets are aggressively being bought by foreigners due to our stability. Check the latest mortgage rates online through LendingTree. They’ve got one of the largest networks of lenders that compete for your business. Your goal should be to get as many written offers as possible and then use the offers as leverage to get the lowest interest rate possible. This is exactly what I did to lock in a 2.375% 5/1 ARM for my latest refinance. For those looking to purchase property, the same thing is in order. If you’ve found a good deal, can afford the payments, and plan to own the property for 10+ years, I’d get neutral inflation and take advantage of the low rates.
Look into real estate crowdsourcing opportunities: If you don’t have the downpayment to buy a property, are sick of dealing with bad tenants, or don’t want to tie up your liquidity in physical real estate, take a look at Fundrise, one of the largest real estate crowdsourcing companies today. Real estate is a key component of a diversified portfolio. If you study the asset allocation mix of college endowment funds and high net worth individuals, you’ll see real estate weightings of anywhere between 5% -25%. Real estate crowdsourcing also allows you to be more flexible in your real estate investments by investing beyond just where you live for the best returns possible. For example, cap rates around around 4% – 5% in San Francisco, but over 10% in the Midwest if you’re looking for strictly investing income returns. Check out my Fundrise review as well.
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Updated for 2017 and beyond.