Finally - some good news!
The fact is few can afford to live in California.
The only ones making out like bandits are the ILLEGALS.
They know there won’t be any jobs. Wonder why our government doesn’t?
A dear relative once told me “there’s the coast, the beach and it is the only one there is and it’s beautiful! People will always want to own a piece of it.”
The rich pay the bulk of the taxes. Any loss hurts but this researcher is too stupid to realize that.
Just heard from one of my brothers trapped behind enemy lines in Cali. He’s having his 4th baby .... and they are getting out of California.
How many of those Cuban rafters are rich?? The idea that socialism is better for the poor is STUPID
does anyone believe any study conducted by these lefties ???
1.09 depart for every 1 household that arrives — the idiot author dismisses this as minor — that’s about 10% attrition rate of the rich ... who are paying the frickin bills in Kalifornia, and he thinks it’s minor!
High unemployment - check
Astronomical cost of living - double check
Invaded by illegal aliens - triple check
We're all socialists poor now!
Of course the poor would be the first to leave...It’s freaking expensive to live here.
Why in hell would the rich give up near perfect year round weather to move to some sweaty humid mosquito bitten region or some windswept frigged place?
lol...
“For those with incomes above $200,0000, the departure rate is only 1.09 households for every one household that arrives, the report said.”
Hey genius, that is a 9% loss. If that is an annual rate and it continues at that rate in 8 years half the “wealthy” people in California will be gone.
Us poor folks have less stuff to pack, and few (if any) economic or legal ties to a specific location.
My wife and I have a lot of “stuff”, but if necessary everything that is of utmost worth to us (in a non-life-threatening refugee situation) would fit into my small car. The rest can go to Goodwill (a lot of it came from there anyway).
(In a life-threatening refugee situation, we are prepared to walk out, though resupply and shelter would be needed quite soon.)
Some facts that we know (US Census Bureau):
1) California's population is growing. Chiefly from (illegal) immigration and birth.
2) Birth rates among immigrants are almost twice that of the resident population.
3) Births with Hispanic surnames are now majority in California but represented a steady 15% for the 100 years prior Reagan opening the flood gates in 1983.