Top 10 States People Are Fleeing...Guess who's #1? (New York, Hempstead: real estate, taxes)
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The key I feel is this.....
"The departures also have perilous budget consequences, since they tend to include residents who are better off than those arriving."
Numerically NY may not lose a lot of residents because a lot of people are coming in too.... but if the above trend keeps on, then we might just have Hempsteads and Hamptons out here, lol.
I speak to friends in Michigan, Florida and California who tell me how bad everything is in their states with 0 jobs or growth. Housing markets have collapsed in many areas of their state. I'll stay here and deal with the taxes and traffic!
49,000 out of nealy 20 million people. Wow, will anyone be left here?
I think you missed the entire point... The key is what demographic is leaving and what demographic is replacing them.
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