We had several posts about the intestate moving habits of Americans – where they’re moving to/from, why, etc. However, now we’re hearing more and more that people are fleeing California in droves and heading to lower-cost places like Arizona, Texas and Nevada. According to a recent report on CNBC, some of the primary reasons include lack of affordable housing and high taxes (go figure?). In fact, the Census Bureau said that from 7/16 through 7/17 over 138k people left the Golden State for greener pastures. Good thing we still live in a free country.
“…Dave Senser, who lives on a fixed income near San Luis Obispo, California, and now plans to move to Las Vegas. ‘Rents here are crazy, if you can find a place, and they’re going to tax us to death. That’s what it feels like. At least in Nevada they don’t have a state income tax. And every little bit helps.'”