What's the story behind the more affluent going to Wyoming? Would love to understand this
Goodbye, New York, California and Illinois – Hello where?
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Re: Goodbye, New York, California and Illinois – Hello where?
#42Re: Goodbye, New York, California and Illinois – Hello where?
#43Earlier quoted context omitted.
> $600k avg home price. > homeless encampments on our bike trails These seem linked somehow...
Are they really? An honest question - suppose the housing does a nosedive to 100K. I still find it hard to believe that those living on the streets in tents with no jobs will rush to buy houses. The other category of “invisible” homeless - those living in cars and at friends places/garages will of course benefit if the average price of the housing drops
For those already homeless, special assistance will be required to get them back into "moneyed" society. However, a lower entry point to homeownership would make this assistance less costly.
Re: Goodbye, New York, California and Illinois – Hello where?
#44Considering that Florida is slowly but surely going underwater it is weird to see it as the most popular destination to move to.
Migration numbers don’t lie, lots of folks love Florida, or at least like it enough to move and stay put.
Re: Goodbye, New York, California and Illinois – Hello where?
#45Re: Goodbye, New York, California and Illinois – Hello where?
#46The numbers are shown in tables with Net Migration (taxpayers and dependents) and their Average Income of departing taxpayers. So 75,386 (taxpayers and dependents) moved from IL to FL and their average income was $135K. That seems to imply that they all took their high paying jobs with them somehow.
This may be slightly skewed by the effect of retirees (people earn the most before they retire). Illinois has high taxes and terrible weather. A lot of affluent people leave the state and retire to Florida. I'm not sure if the article's analysis is really concerned with these nuances.
That said, anecdotally, I do know a fair number of people who have left California and essentially no one who has moved there absent a work-related reason to live there. The state has things going for it but also a lot of negatives--especially CoL in a lot of places.
Re: Goodbye, New York, California and Illinois – Hello where?
#47I'd like to cordially invite more folks to leave New York to make room (and depressed housing prices) for the rest of us. Thanks in advance!
Re: Goodbye, New York, California and Illinois – Hello where?
#48We made a map using domestic migration data: https://twitter.com/LechMazur/status/1202655115628466177
perhaps put the arrow at the end, that way one can see which connection is a source and which one is a target
Re: Goodbye, New York, California and Illinois – Hello where?
#49 State 1850 1900 1950 2020
NY 3 7 17 19
IL 1 4.8 8.7 13
CA .1 1.5 10.5 39
TX .2 3 8 29
FL .1 0.5 2.7 21Re: Goodbye, New York, California and Illinois – Hello where?
#50Having left NYC for Texas 5 years ago, I can confirm the grass is greener on the other side.