"PPIC said since 2001, California has lost more residents than it has gained to other states. "During the height of the pandemic, the flows out of the state became so large that almost every demographic and socioeconomic group experienced net losses," the report said. The nonpartisan research institute said the trends demand a "resolution if the state is to be a place of opportunity for all of its residents.""
"Most notably from the report has been the departure of lower-income adults, with a net loss of 532,000 individuals over the past 10 years, more than 10% of California's of lower-income adult population. The migration away from the Golden State is due to an array of factors including employment, housing or family. But housing costs have reigned higher for reasons to leave since 2015."
"Those who do leave the state have found their greener pastures. About half of those who left reported buying a house. Only one-third of those moving to California were able to do so. Remote work tempts residents to leave College graduates and higher-income households have been leaving the state in dramatic numbers since the pandemic, according to the PPIC"
Since 2001, California has lost more residents to other states than it has gained. Out-migration surged during the pandemic, producing net losses across nearly every demographic and socioeconomic group. Lower-income adults experienced a net loss of 532,000 individuals over the past decade, exceeding 10% of that population. Housing costs have been the primary driver of departures since 2015; 34% of residents have seriously considered leaving because of high housing costs and 21% because of a lack of well-paying jobs. About half of those who left bought homes elsewhere, while only one-third of newcomers could buy. College graduates and higher-income households have also left in significant numbers, aided by remote work.
Read at Modesto Bee
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