California's challenge in attracting new residents is underscored by a troubling statistic: 58.9% of van relocations from the state were exits in 2024, marking the second lowest arrival share since 2004.
While California has had 41.1% of moves linked to arrivals, it shows a decline from 43.8% the previous year and below the overall average of 42.3% since the pandemic, revealing a shrinking appeal.
The state's demographic trends indicate a decrease in net outmigration, with 197,000 residents moving to other states by July 2024 compared to over 250,000 the previous year; this reflects a lessening trend of residents leaving California.
Data from U-Haul illustrates a slight shift in traffic patterns, showing nearly equal proportions of inbound and outbound DIY relocations, suggesting a more stable yet stagnant relocation situation in 2024.
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