the bongino report

California Loses 500k Net Residents in 2-Years

According to census data, California has seen a net loss in population of 500,000 over the past two decades as residents seek alternative living arrangements due to high living expenses and COVID-related restrictions.

Many people have fled to Texas, Nevada, and Utah to escape homelessness, crime, rising housing prices, and other problems. California, however, is the US’s most populous with approximately 38 million inhabitants.

Fox News reports that state officials are moving to renewable energy in an effort to combat climate change. This could lead to power outages and disruptions in future, particularly as the state pushes for mandates for electric vehicles in the transportation sector. reported.

Additionally, Americans are moving from more expensive areas to more affordable ones. Democrat-run cities have the highest net outflows.

Many people are choosing to relocate because of the high cost of living in areas like San Francisco or Los Angeles.

“They’re going to have to build an outrageous amount of wind and solar in a very short time if they want to accomplish their objectives of electrifying – our whole transportation sector and our whole home heating and cooling and residential sector,” Fox News Digital spoke to Edward Ring, a senior associate and co-founder at the California Policy Center on Tuesday.

“There’s a burden to the consumer that’s going to get very heavy,” He continued. “Even if they can pull it off without blackouts, the burden to the consumer is going to be ridiculous.”

As we reported Americans fleeing Democrat-run blue states last year because of rising housing costs, high inflation and criminality

Redfin reports that Americans are moving to more affordable areas of the country, according to an analysis.

Redfin’s users have reached an all-time high 32.6 percent “looked to move from one metro to another in the second quarter, up slightly from 32.3% in the first quarter and roughly 26% before the pandemic.”

It is not surprising that eight of the top ten largest cities with the highest outflows are Democrat-run, while Washington, DC and Boston, Massachusetts are the two other cities.

Charlie Baker, the Bay State’s governor, is a Republican, but Massachusetts has also gone blue in every presidential election since 1984.

These are the ten largest cities that have the highest net outflows and are led by left-leaning mayors.

San Francisco, CA – Net Outflow: 48,718
Los Angeles, CA – Net Outflow: 40,632
Los Angeles, CA – Net Outflow: 40,632
New York, NY – Net Outflow: 35,165
Washington, DC– Net Outflow: 24,492
Seattle, WA – Net Outflow: 18,594
Boston, MA – Net Outflow: 12,492
Detroit, MI – Net Outflow: 7,334
Denver, CO – Net Outflow: 5,635
Chicago, IL – Net Outflow: 4,769
Minneapolis, MN – Net Outflow: 2,795

These cities have higher outflows in the second quarter of 2021 than other cities, including New York City, Denver and San Francisco.

Taylor Marr, Redfin’s deputy chief economist, stated:

“The typical home in San Francisco or San Jose now costs more than $1.5 million,” He stated.

“Add in today’s 5%-plus mortgage rates, and you have a sky-high monthly payment.”

“Those factors, along with more companies giving employees the permanent flexibility to work remotely, are driving a larger portion of buyers to consider homes in other parts of the country.”

“Someone who would have to stretch beyond their budget in Los Angeles may be able to afford a home in Phoenix or San Antonio comfortably.”

Quarter two saw the highest net inflows in metro areas in purple and red states.

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