Golden State Exodus

California is experiencing a significant population decline, reversing decades of growth and marking a pivotal moment for the state. High housing costs, particularly impacting the middle class, are a primary driver of this exodus. The article highlights that even as California's economy thrives and job opportunities remain plentiful, the inability to afford housing is forcing many to leave. The article contrasts this with more affordable states like Texas, Arizona, and Nevada, which are attracting former Californians seeking a lower cost of living. Data indicates that while some move within California to less expensive areas, a larger number are leaving the state entirely. Furthermore, the COVID-19 pandemic accelerated this trend, as remote work opportunities allowed people to relocate without jeopardizing their jobs. While some argue the population shift is a natural correction, concerns remain about the long-term implications for California's economy and social fabric if it continues to lose middle-class residents. The state grapples with how to address its housing crisis and retain its population base. find the original article here: https://www.yahoo.com/news/americans-now-abandoning-california-once-220100220.html