Monday, August 2, 2010
California's Housing Bubble And The Primary Care Physician Shortage
If you are a medical school graduate from say UCLA or USC, how likely would you go into primary care if homes in decent neighborhoods start around $500,000? Can you justify dragging your family through years of debt working down a six figure student loan while paying a rising federal income tax, California income tax of 10%, an LA County sales tax of nearly 10%, taking care of hordes of MediCare, MediCal, and indigent illegal immigrant patients all the while making less than $200,000 a year? It's no wonder that doctors are avoiding primary care or leaving the state entirely. Other than the greater New York City area, a doctor can get a pretty decent house elsewhere for less than $500,000, even in large cities like Chicago or Dallas. In California, you either learn to become a specialist or you're just another schmuck who's been drinking up the Koolaid of primary care nobility the medical schools and government have been feeding you. Yes people appreciate your sacrifices but nobody will pay you a living wage for your services. Oh, that's right. You didn't go into medicine for the money, did you?