Article

2022-04-16 Economy

Two Years Of Migration Trends Show Americans Fled To Sun Belt States

[ZeroHedge] New migration trends published in a report by Realtor.com revealed Americans who had the economic mobility to pick up their bags and bug out during the pandemic fled from expensive coastal cities and liberal technology hubs to Sun Belt states, according to Bloomberg.

Now for the exodus. Rent growth in some Northeast and Mid-Atlantic cities was flat to negative. Buffalo, New York and Washington, D.C. recorded negative to flat rent growth over the last two years. Rents were muted in liberal technology hubs, such as San Jose, California; San Francisco, California; and Seattle, Washington.

Posted by Skidmark 2022-04-16 00:00|| || Front Page|| [5 views ] Top

#1 Flight from big cities INCREASES despite end of pandemic with record numbers of homebuyers relocating from coastal cities like San Francisco, Los Angeles, New York and Seattle to more affordable areas to beat inflation and work from home

Posted by Skidmark 2022-04-16 09:30|| 2022-04-16 09:30|| Front Page Top

#2 Smart people gonna smart. They called it white flight back in the day.

Posted by jpal 2022-04-16 13:57|| 2022-04-16 13:57|| Front Page Top

08:13 Grom the Reflective
08:05 Procopius2k
07:33 Bobby
07:29 Huputle+Cherelet4131
07:29 Mullah Richard
07:28 Skidmark
07:22 Cesare
07:15 Huputle+Cherelet4131
07:12 Besoeker
07:08 Skidmark
07:06 Skidmark
07:05 Besoeker
07:01 Skidmark
06:58 Skidmark
06:54 Skidmark
06:53 Besoeker
06:52 Skidmark
06:51 Skidmark
06:48 Skidmark
06:48 Besoeker
06:44 Skidmark
06:41 Skidmark
06:35 Besoeker
06:16 Besoeker