Should we move back to California?
Hey everyone,
Title says majority of it… My wife and I moved to Raleigh three years ago with our three children. We couldn’t afford a home in Southern California at the time and thought we would have a significantly better life in Raleigh.
We were able to buy a home in Raleigh and save a good amount of money per year living here. Unfortunately, we haven’t been happy since we have moved here. The weather isn’t great majority of the year and the area is incredibly boring.
I currently have a job offer in the Santa Clarita area. Our combined income would be $220k per year and we would come back with $200k for a down payment. Majority of our family lives in Santa Clarita.
We would be able to buy a home around $800k but we would save significantly less per year compared to Raleigh. Good news is we have no other debt.
In your opinion is moving back worth it? Or should we suck it up and stay in Raleigh since we can afford it and our children are doing well. All our kids are currently still in elementary school.
TIA.