We’ve had a lot of posts about folks moving from high-tax states to lower taxed ones. A recent report from Realtor.com says Blue-State residents are fleeing to Red States for lower house Prices – but Locals Warn, ‘Don’t Bring … Politics’. They say a lot of this mass migration has to do with real estate prices, which have shot up astronomically in blue-state strongholds such as California and New York. Citing data from Stateline, they point out that Republican counties (defined by the 2020 presidential vote) gained 3.7 million more people than they’ve lost since 2020. While at the same time, Democratic counties lost 3.7 million more residents than they gained over that same time frame. Indeed…
America’s Republican-leaning red states are winning at drawing in new residents from blue states—but locals don’t like it one bit.
Bruce Ailion, a real estate agent and attorney with Re/Max Town and Country in Georgia, says it’s understandable why blue-state residents are buying properties in cheaper conservative areas. “Property values are protected in well-governed, pro-growth, pro-business states that are tough on crime. Increasingly, those are red states,” he says.
In addition to that, red states tend to offer lower taxes and fewer regulations, adds Mike Rhoads, owner of Wild North Home Offers in North Carolina.
Click here to read the full report at Realtor.com.
