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Californians Are Being Priced Out of the State. Where Are They Going?

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Californians Are Being Priced Out of the State. Where Are They Going?
⚡ TL;DR · AI summary

Many Californians are leaving the state due to high housing costs and seeking more affordable living conditions in neighboring states. The trend of out-migration has been ongoing for over two decades, with a significant spike during the COVID-19 pandemic. Those leaving often find better financial opportunities and homeownership prospects in their new locations.

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Newsweek
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By Giulia CarbonaroSenior Housing ReporterShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.Thousands of Californians are being priced out of the Golden State and are leaving it for more affordable communities in neighboring states, according to new data from the nonpartisan California Policy Lab (CPL). Many of those turning their back on the state are doing so because they cannot achieve the life they want, but are seeing their wealthier neighbors doing so, researchers found.

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