How many do you think are moving to Houston, TX from California?
I know of a few people that are g concerned regarding selling their house in the Danville,CA area. This is a tough market to sell a house.
I took the package and I am retiring. Not sure I want to stay in this area. However, perhaps it is better to just move versus being constantly reminded about the presence Chevron previously had in the area.
I moved to Houston and I love it. There are a few challenges but nothing unexpected and much less grief than in CA. The traffic is actually much better if you can believe that. Not great but better. I love the supermarkets like Fiesta and HEB. We have nothing like that on the west coast and nothing that reasonably priced.
@tk That’s ‘cause MW moved into the neighborhood 💩💩💩
@OP, since you are retiring and don't have to sell your house right away, I'd wait and see if you can get the best price possible before moving. It depends on what you enjoy doing in your free time or in retirement to decide where to move. If you like the outdoors, then pick a place that offers that. If you want a low cost of living and plenty of cultural offerings (art, music, sports, food, golf, and more), a big metropolitan area like Houston is a good place to be. Houston is a diverse city with many safe neighborhoods. All the best to you.
Houston smells bad
@jx maybe 2040.
He’s using that 2032 as the end of the TCO concession. It’s actually a pretty braindead date to set. If there’s any M&A stuff going on, it could be before or after 2032, who the f knows.
Chevron is big enough that it’s probably doing most of the acquiring. For any mergers, it’d be pretty close to 50/50 such that you’ll be probably fine if you want to stay working. Many will just exit the industry. There are other jobs in Houston.
All the talented people in CA have already left the company. Anyone left is close to retirement, desperate for insurance or has no self worth.
wait, chevron houston is uncertain after 2032?
@OP It’s crazy to uproot your family and move to HOU when the company is struggling and can’t promise you a job when you get there. You would have to think carefully about what you’re signing up for.
@gz You are spot on, it is a win win. Super happy that you enjoy living in Texas and thrilled that I am not.
@OP aww are you sad? Does the sight of an office building trigger you? The Texans couldn’t care less if any of you move here at all. No hard feelings. We don’t like you and we know you don’t like us. Best we go our separate ways.
Those close to retirement in next 5 years will go as it makes sense to stay as long as possible for retirement reasons. Those early or mid career may go or say they will go to Houston to buy some time to find another job in a bad economy. Those with no California roots may go, if they can tolerate Texas. When final numbers for move come up for CA it will be about 30% going and 70% finding another job in CA. I do not see many making the move when the future of Chevron in Houston after 2032 is uncertain.
If you're relocating on a package then let Chevron sell it and take FMV
Zero! They don’t want to go from elite to the outhouse!
The cringe in driving by will go away but deciding where to live is a decision that is harder to reverse. When bbl plunges it affects oil towns to a huge extent. Decide where you want to live based on how you envision your future.
It would be much harder to come back to California after selling a house. I know more people who want to move here but can’t afford it than people wanting to leave.
Good luck
CVX is like a supertanker, once you fall off the boat the wake immediately closes and it’s like you were never onboard. Don’t give the company a single thought, just live your life. BTW, the average time on market for houses in Danville is only about one month.
Better to take the package and retire in Texas. You will save a fortune on income tax.
Fu---n' cringe.
The more that move the better as it improve the intelligence level in both states.
I retired and remained in the area for 2-3 years. Once you leave, and begin your next chapter, previous work recedes. It wasn’t difficult. You drive right by.
Do you need a hug?