"Salaries don't really match the rent prices," said Alyssa K., a two-time Boston resident who returned to the city after getting a master's degree in social work in Chicago but now plans on returning to the Windy City. "If the prices were more affordable, I would stay." This highlights the disconnect between wages and cost of living prevalent in Greater Boston.
The rise of work-from-home policies during the pandemic meant people could work from anywhere and were no longer tethered to an office. Why not work under the palm trees of South Florida? This illustrates how remote work has influenced migration patterns.
On the tax policy side, the state's passage of the so-called millionaires tax has critics saying Massachusetts will lose some of its wealthiest residents to states with a more favorable tax rate. This showcases concerns around the competitiveness of Massachusetts due to fiscal policies.
The 2023 National Movers Study by United Van Lines cited retirement, lifestyle, and job opportunities as the leading reasons for Massachusetts' out-migration. This reflects broader demographic shifts and priorities among residents.
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