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What do you call somebody moving from California to Illinois? A backslider.
Population Drops Even More in California, San Francisco Bay Area, Coastal Southern California. San Francisco -8% from Peak! But 19 Inland Counties Grow
by Wolf Richter • Mar 30, 2023
Where is demand for homes supposed to come from when the population keeps dropping like this? ...
I’m going to look at this with an eye on the housing market because these shifts are already having an impact, with the San Francisco Bay Area being one of the worst housing markets in the country with some of the steepest price declines, and with home prices in coastal southern California also getting hit.
Between April 1, 2020 and July 1, 2022, California’s population dropped by 508,900 people, to 39.03 million, below where the population had been in 2016. The uptick in 2020 was due to the adjustment based on the 2020 Population Census:
Population Drops Even More in California
Just saw Facebook workers returning to the office in California. Other tech companies and major companies likely will do the same.
if the work asked gets done, who gives a shit?
That is the issue, for some companies, the work was not getting done. If work was being done, the company would gladly save rent on office space.
If work was being done, the company would gladly save rent on office space.
Actor Scott Baio Leaving California After 45 Years: ‘It’s Not a Safe Place Anymore’
https://www.breitbart.com/entertainment/2023/05/05/actor-scott-baio-leaving-california-after-45-years-its-not-a-safe-place-anymore/
Actor Scott Baio Leaving California After 45 Years: ‘It’s Not a Safe Place Anymore’
California Report Shows Exodus Continues, Los Angeles Lost the Most People
May 12, 2023
Population declines continue to plague the Golden State, with a newly released report detailing the losses. While some areas in the Central Valley and Inland Empire saw growth, Southern California led the way in departures.
The state’s population dipped .4 percent from January 2022 compared to the same time this year, falling below 39 million residents for the first time since 2015, according to the California Department of Finance.
Recent declines are unprecedented in the state’s history, with data showing growth every year from 1900 until 2020—when nearly 1 percent of residents chose to leave during the height of pandemic restrictions—and declines have persisted since. ...
High taxes, burdensome regulations, unaffordable housing costs, and increasing crime rates are the oft repeated reasons for those choosing to flee the state, according to experts.
The solution is to live 3-4 mlles inland.
There's little change in elevation but you can avoid areas which are known to have been evacuated or flooded, etc.
I'm wondering if I might set up my retirement to be a snowbird in FL and summers in Idaho.
RedStar says
I'm wondering if I might set up my retirement to be a snowbird in FL and summers in Idaho.
You stole my idea! Except maybe Spring and Fall in TX.
IN SUMMARY
California is losing population and some of those leaving the state are high-income taxpayers who provide a huge share of the state’s revenues.
After 170 years of population growth — occasionally explosive growth — California is now experiencing population loss for the first time.
As foreign immigration and birth rates declined, they no longer offset net losses in state-to-state migration. Since 2010, 7.5 million people have left California while 5.9 million people have come from other states.
That gives rise to a question: Who is leaving California and why? ...
California’s top income tax rate, 13.3% on taxable incomes over $1 million, is by far the nation’s highest and when added to the top federal rate of 37% pushes the overall bite to more than 50%. Moreover, a tax overhaul during the Donald Trump presidency basically ended the ability to deduct state income taxes on federal returns.
If anything, California’s taxes on the wealthy are likely to increase. Proposition 30, a measure on the November ballot, would boost the top marginal rate to over 15%, raising money for programs to battle climate change, and another tax hike is headed for the 2024 ballot.
The wealthy are quite capable of protecting themselves, including moving to another state. However, they are vitally important to California’s schools, health care and myriad other public services. Income taxes account for three-quarters of California’s general fund revenues and the top 1% of California taxpayers generate nearly half of those taxes.
That’s just 150,000 taxpayers in a state of 40 million, so even a trickle of departures has a potentially huge impact on the budget.
That’s just 150,000 taxpayers in a state of 40 million, so even a trickle of departures has a potentially huge impact on the budget.
The vaccine mandate bullshit was the final straw for me, but I already had one foot out the door. I just used the mandates as an excuse to convince my family to leave. It's almost one year since we left San Diego for Tennessee, and I'm so fucking happy.
Any famous or rich person who gives a reason besides taxes for departing California is lying.
California is superior to most states in most ways; it's just taxing people too much.
"It's almost one year since we left San Diego for Tennessee, and I'm so fucking happy."
I ask because these kind of searches on the Internet are blocked.
Allstate, one of the nation's largest insurance companies, has joined State Farm in deciding to halt sales of property and casualty coverage to new customers in California, saying it's too pricey to underwrite policies in the state which has seen thousands of natural disasters in recent years.
Allstate quietly stopped issuing new policies in California months ago, but didn't announce the move until Friday. Allstate was the fourth-largest insurer in California, according to the most recent 2021 state data. It earned $4.3 billion in premiums that year and incurred $2.6 billion in losses.
"You mean Google, right?"
"If so, this seems like an opportunity. I could have a thread about where to buy ivermectin and how much it costs."
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http://myuhaulstory.com/2019/01/02/uhaul-names-top-50-growth-states-for-2018/
Almost twice as much to leave California for Texas than Vice-Versa:
https://lightfromtheright.com/2012/11/22/latest-haul-index-shows-californians-leaving-for-texas/
When you bring a U-Haul back to California, you do the company a favor, so another Middle Class family can leave for Texas.