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You will find San Jose is nice especially just outside of it in say Los Gatos or Los Altos. Takes about 30 mins to get to Santa Cruz from here and you can get to SF in about 45 mins. San Jose might be to big for you though. Population is 1,000,000+ and is now a bigger city than SF. 10th largest in the US I think but has been rated the safest city in the US for a number of years.
Advantages for San Jose:
1. If you HP takes a crap you can go beat on their door.
2. Want a better Yahoo PR? Get to know some of their employees. LOL.
3. You are 10 minutes from Google.
4. Weekend in Carmel/Pebble Beach.
5. All the Asian chicks you could ever want as well as some Cali Babes.
6. Wow, this list could get long so I'll end it here.
Economic concerns? FL is cheaper to live in than CA and there is also no personal state income tax in FL. No tax on groceries either. If you happen to go bankrupt in FL by law they cannot take your house and sell it to pay off debts unless of course you owe the mortgage company as they can foreclose.
I lived in the WPB area for 10 years. It is nice but too hot and humid in the summer. If I went back I'd live on the Gulf Coast in the Sarasota Area. Long Boat Key is beautiful.
Hope that helps!
PS Pensacola to Panama City has a cute nickname - The Redneck Riviera!! LOL
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