02/03/2023 / By Arsenio Toledo
Many Americans are leaving crime-ridden, high-cost and unstable cities like New York and Chicago for low-tax, more affordable states like Florida and Texas.
Despite the calls of many employers for their workers to begin returning to the office, people still aren’t moving to big city centers like they used to. In fact, in many major cities in the United States, especially those located in Democrat-controlled states, more people are moving out. (Related: Over a million Americans have fled blue states due to high rates of crime, taxes and economic regulation.)
This comes from a report by the National Association of Realtors (NAR), which found that more people were leaving certain major metro areas.
“Pre-pandemic, we had a different trend. People wanted to move to big city centers,” noted Nadia Evangelou, senior economist and director of real estate research at the NAR.
Philadelphia, Chicago, San Francisco, Detroit, New York City and Seattle had move-in rates of below 50 percent, meaning that more people moved out than moved in. Philadelphia was closest to 50 percent, with a 49.8 percent move-in rate.
The City of Brotherly Love is followed closely by Chicago and San Francisco, which had move-in rates of 49.5 percent in 2022. They are followed closely by Detroit and New York City, with 49.4 percent move-in rates and then Seattle with a move-in rate of 47.9 percent.
By contrast, more people are moving into metro areas located in Texas and Florida.
Houston experienced the highest move-in rate for 2022 according to the NAR’s report, with 55.7 percent of moves in the city composed of people moving in. The city is followed by Miami at 55.2 percent.
Furthermore, the Miami metro area experienced the largest inbound increase from before the pandemic, seeing gains of nearly 60 percent in 2022 compared to 2019.
Pauline Cachero, writing for Bloomberg, noted people have been leaving states like California, Illinois, Michigan, New York and Pennsylvania for years for Sun Belt states like Florida and Texas in search of larger houses, better weather, lower taxes and lower cost of living.
“The trend picked up steam during the pandemic and continued through last year, even as offices in major cities reopened and bosses started calling employees back,” she wrote.
While she noted that a lot of Americans did move back into cities when economic restrictions started getting rolled back and life started returning to these major urban areas, many other city dwellers were turned off by a variety of factors, most importantly the high cost of living.
“The ballooning sticker price for everything from rent to food is no longer worth the costs, forcing a higher share of the population to depart,” wrote Cachero.
Evangelou agreed, saying: “While affordability hit record lows in 2022, it is the primary reason that people continue to relocate from these big city centers to less dense and more affordable areas.”
Watch this clip from Next News Network discussing how experienced police officers are leaving liberal cities to go where they are appreciated, causing crime in their former homes to go up even higher.
This video is from the News Clips channel on Brighteon.com.
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