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Keyword: exodus

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    01/15/2021 8:59:27 PM PST · by SeekAndFind · 23 replies
    Powerline Blog ^ | 01/15/2021 | Steven Hayward
    California’s Continuing CollapseCalifornia’s rapid descent is starting to remind me of the old Hemingway line about how someone went bankrupt: “Gradually and then suddenly.”The New York Times noticed yesterday:They Can’t Leave the Bay Area Fast EnoughThe migration from the Bay Area appears real. Residential rents in San Francisco are down 27 percent from a year ago, and the office vacancy rate has spiked to 16.7 percent, a number not seen in a decade.Though prices had dropped only slightly, Zillow reported more homes for sale in San Francisco than a year ago. For more than a month last year, 90 percent...
  • BIG TECH EXODUS: Gab Reportedly Receiving ‘Thousands’ Of Resumes From Silicon Valley Employees As Facebook, Twitter Stock Prices Plunge

    01/13/2021 1:08:43 PM PST · by SeekAndFind · 67 replies
    National File ^ | 01/13/2021 | Gabriel Keane
    Free speech social media platform is reportedly receiving requests from “thousands of people” employed in the Silicon valley tech industry as the website explodes in popularity, amidst the latest wave of censorious new policies deployed by fringe-left executives at Big Tech monopolies such as Facebook and Twitter.The official Gab Twitter account first reported over the weekend that the company was receiving requests for employment from large numbers of employees in the tech industry:“Silicon Valley should see our inbox right now. Looks like half of their employees want to leave and come work for Gab. Panic in SV!”Silicon Valley should...
  • 'Racially Diverse' Cops Dumping Portland in Favor of Lower Paying Jobs in Places Where They're Appreciated

    12/27/2020 9:20:31 AM PST · by SeekAndFind · 31 replies
    PJ Media ^ | 12/27/2020 | Victoria Taft
    Portland cops are already retiring in record numbers, but now cops are fleeing mid-career to go to places for lower pay and a fiscal hit to their retirement accounts. The Democrats’ embrace of the antifa and BLM defund-the-police stance is working—leaving Portlanders even more defenseless against rioters, looters, arsonists, squatters, and terrorists. In essence, the exodus is “a win by those that would want the police to be defunded,” according to the Portland Police Bureau’s human resources officer.Finding replacements may take some time because the diversity recruiting officer for Portland police is gone too.The Portland Tribune characterizes the exodus as...
  • California Lawmakers Want Wealth Tax That Will Follow Taxpayers When They Inevitably Move to Cheaper States

    12/25/2020 9:33:23 AM PST · by SeekAndFind · 91 replies
    National File ^ | 12/24/2020 | Frank Salvato
    As people leave the State of California in record numbers, Progressive lawmakers in that state are moving ahead with plans to enact a wealth tax that will tax a person’s net worth and even follow them out of state should they move. Many businesses and wealthy executives are leaving the State of California because of an overreaching tax code that is bleeding the states population of their ability to accrue wealth. But that’s not stopping some state lawmakers from supporting a wealth tax proposal, even as a growing number of Californians are calling for Gov. Gavin Newsom (D), to be...
  • NYC’s mass COVID-19 exodus cost $34B in lost income, study says

    12/15/2020 11:40:25 AM PST · by george76 · 32 replies
    NY post ^ | December 15, 2020
    The mass exodus from New York City amid the COVID-19 crisis has cost $34 billion in lost income, according to a new study released Tuesday. About 3.57 million people fled New York City between Jan. 1 and Dec. 7 this year — and they were replaced by some 3.5 million people earning lower average incomes, the findings from Unacast said. That means the Big Apple lost a net 70,000 people during the pandemic. ... Tribeca, population 20,000, took the biggest hit out of the three — with a net loss of 3,500 residents — equaling a net income loss of...
  • Deutsche Bank Warns 50% Of NYC Bankers Might Be Headed To Jacksonville, Florida In Latest Cost Cuts

    12/13/2020 10:19:29 PM PST · by SeekAndFind · 11 replies
    Biz Patriot ^ | 12/13/2020 | Tyler Durden
    As Deutsche Bank continues with the biggest blood-letting on Wall Street since the collapse of Lehman Brothers, managers are reportedly planning to move thousands of Manhattan-based associates, often those with the most important front-office-type jobs in sales and trading.Ever since DB moved to expand its presence in the Americas during the late 1990s-2000s, thousands of young employees, from interns to first-year analysts, have flocked to places like Murray Hill and other parts of Manhattan to work at the city's investment banks, and generally live the young banker lifestyle of late nights out at bars on the lower east side and...
  • Oracle Moves To Texas As Silicon Valley Exodus Accelerates

    12/11/2020 2:29:02 PM PST · by SeekAndFind · 70 replies
    USSA News ^ | 12/11/2020 | Tyler Durden
    The California Exodus continues, as Oracle has become the latest tech company to leave the Golden State for Texas.The company noted the move at the very bottom of their latest 10-Q, the tech company founded 43 years ago in Santa Clara, California announced that they would be "implementing a more flexible employee work location policy and has changed its Corporate Headquarters from Redwood City, California to Austin, Texas," where the company opened a massive 40-acre riverfront campus in 2018 with the capacity for up to 10,000 employees. The company says the move will "best position Oracle for growth and provide...
  • Elon Musk Announces He’s Moved from Silicon Valley to Texas, Calls California “Entitled”

    12/09/2020 9:06:07 AM PST · by Hojczyk · 18 replies
    Big League Politics ^ | Dec 8, 2020 | Richard Moorhead
    Tesla CEO and billionaire Elon Musk announced that he’s moved from California’s Silicon Valley to Texas on Tuesday. Musk made the announcement at a Wall Street Journal virtual event, and he didn’t have the kindest words for his former state. “They do tend to get a little complacent, a little entitled, and then they don’t win the championship anymore,” he said of the far-left state. “And I think they’re taking them for granted a little bit.” Musk predicted that Silicon Valley, the longtime home of Big Tech monopolies, would decline. “I think we’ll see some reduction in the influence of...
  • Escape from New York! Wall Street Behemoth Goldman Sachs ditches The Big Apple

    12/09/2020 7:55:32 AM PST · by SeekAndFind · 43 replies
    Liberty Nation via NOQ Report ^ | 12/09/2020 | Andrew Mor
    The Big Apple turned into a rotten fruit that spoiled the Wall Street bunch. It turns out that Wall Street could star in the next reboot of Escape From New York as Goldman Sachs has reportedly joined the exodus of companies potentially fleeing The City That Never Sleeps for sunshine and tax advantages. Bloomberg News broke the story that the financial titan is considering relocating its $8 billion management arm to either Palm Beach County or Fort Lauderdale as it researches real estate spots and engages with local Florida officials about tax benefits. Could Wall Street 2.0 form in the...
  • Elon Musk Is GTT

    12/09/2020 7:41:10 AM PST · by SeekAndFind · 23 replies
    PJ Media ^ | 12/09/2020 | Bryan Preston
    In the early 19th century, Texas was frontier and a land of great opportunity and promise. It was also a magnet for folks who wanted (or needed) to leave Europe or the United States behind and start fresh. As the exhibit I co-wrote and produced for the Alamo in 2017 attested, Jim Bowie himself was but one of many who moved into Texas for fortune, glory, and to escape things that may be best left behind. When people left their homes and headed west to the Texas frontier, they’d often leave a simple carving in a prominent tree or another...
  • Founding Fathers of Silicon Valley Give Up on California, Move to Texas

    12/06/2020 7:47:12 AM PST · by SeekAndFind · 70 replies
    PJ Media ^ | 12/06/2020 | Victoria Taft
    This is becoming an all-too-familiar refrain. XYZ Company pulls up stakes in California and expands or moves to Texas or Tennessee. But even for the arrogant California commissars in Sacramento, who have seen more than 13,000 companies leave on their watch in the last few years, this one has got to hurt. It’s got to be a public relations gut punch for California Governor Gavin Newsom, who’s done little to retain all the companies bailing out of Silicon Valley because it’s too expensive to conduct business there. The headquarters for one of the Founding Fathers of the Silicon Valley is...
  • California: When You've Lost Gene Simmons...

    10/24/2020 9:15:04 PM PDT · by SeekAndFind · 48 replies
    Powerline Blog ^ | 10/24/2020 | Steven Hayward
    After a certain point it becomes wanton cruelty to keep dunking on California’s slow motion suicide, but some stories are too good to pass unremarked. Today’s Wall Street Journal reports that rocker Gene Simmons is KISS-ing California goodbye and moving to no-income tax Washington state, and in high KISS-my-ass style: [Simmons] is now putting the property, which they later redeveloped into a sprawling European-style mansion, on the market for $22 million. The reason: They are moving to a 24-acre estate in Washington, near Mount Rainier, to escape the tax burden of living in California, Mr. Simmons said.“California and Beverly...
  • Suburban Rents Rise As Urbanization Trend Reverses: City Rents Slumping as City Dwellers Flee Imploding Liberal-run Metro Areas.

    10/21/2020 9:53:20 AM PDT · by SeekAndFind · 5 replies
    USSA News ^ | 10/21/2020 | Tyler Durden
    There's a new twist to the rental market: Apartment rents in suburban markets rise across the U.S., while city rents are slumping, mostly because city dwellers are fleeing imploding liberal-run metro areas. By now, readers have grasped several of the factors pushing city dwellers out to rural communities, that is, the virus pandemic and resulting lockdowns, socio-economic implosions, and, of course, remote working. A revival of the suburbs is the most significant 2020 real estate trend that will likely persist for a couple of years. Apartments in rural America offer more room, peace of mind, less crime, and lower...
  • Ben Shapiro Parts Colorado River While Leading Exodus From California

    10/15/2020 5:19:41 PM PDT · by Tolerance Sucks Rocks · 7 replies
    The Babylon Bee ^ | October 13, 2020 | The Babylon Bee
    EHRENBERG, CA—In a miraculous sign, Ben Shapiro has parted the waters of the Colorado River for the millions of desperate Californian refugees trying to escape the failed state. After Gavin Newsom closed all the bridges over the river in a desperate attempt to prevent his people from going, the Editor Emeritus of The Daily Wire created a path through the middle of the river, allowing the children of California to cross on dry ground. Shapiro stretched out his hand over the waters and said, "Be still gang, and witness the salvation of the Lord! But first, let's talk about Policy...
  • How many Americans actually moved during the pandemic? USPS data reveals how many people moved, and where they went

    10/13/2020 11:35:48 AM PDT · by SeekAndFind · 42 replies
    The Real Deal ^ | 10/13/2020 | Georgia Kromrei
    Change of address data from the United States Postal Service reveals that 15.9 million people moved between February and July this year. How many people actually moved because of the pandemic? Though it’s hard to know movers’ exact motivations, new data reveals migration patterns during the height of Covid-19 lockdowns in most states.Change of address data from the United States Postal Service reveals that 15.9 million people moved between February and July this year, according to MyMove, a platform that provides information for people who are relocating. MyMove analyzed data from both USPS and a Pew Research Center survey of...
  • Newsom Bans Cars To Prevent People From Escaping California

    09/30/2020 5:41:25 PM PDT · by Tolerance Sucks Rocks · 29 replies
    The Babylon Bee ^ | September 26, 2020 | The Babylon Bee
    SACRAMENTO, CA—In a move to prevent Californians from fleeing by the millions, Gavin Newsom announced a ban on gasoline automobiles this week. The law will make it so that Californians can't drive away and escape the state in a matter of hours, forcing them to instead form migrant caravans and make the treacherous trek across the blistering deserts of the Southwest. "Now, they'll have to cross the desert on foot," Newsom said as he handed down the order. "I'll show them, trying to flee my progressive utopia! Ha ha ha ha ha!"
  • Manhattan Institute Poll: 44 Percent of Wealthy New Yorkers Have Considered Moving

    09/17/2020 8:01:28 AM PDT · by SeekAndFind · 21 replies
    PJ Media ^ | 09/17/2020 | Rick Moran
    A surprising survey from the Manhattan Institute found that 44 percent of New Yorkers earning more than $100,000 have considered moving out of the city in the last 4 months. Sixty-nine percent of those considering a move cited the cost of living while another 47 percent said it was the high crime rate, which wasn't the case for over 20 years. The pandemic has resulted in a change in work habits for the wealthy. Only 11 percent are working entirely outside the home while 53 percent are only working from their houses.The Daily Caller reports that “Only 30% believed that...
  • From 'I love New York' to 'I leave New York': The party is over for the Big Apple

    08/31/2020 6:31:45 AM PDT · by SeekAndFind · 83 replies
    American Thinker ^ | 08/31/2020 | Silvio Canto, Jr.
    On a personal basis, a family member and spouse just moved out of New York.  He works in the theater, and there is not much work these days in the Big Apple.  As they told me on the phone, the place is deader than a doornail.  By the way, they also told me that you have to wait weeks to rent a moving van.  I guess a lot of people are leaving. We learned that New York City is about to lay off 22,000 of its approximately 330,000 city employees, according to Forbes: The Wall Street Journal reported that roughly 22,000 government workers need to be let...
  • New York Landlords Beg Businesses: "Return To Work And Save The City's Economy!"

    08/22/2020 7:31:57 PM PDT · by SeekAndFind · 64 replies
    The Daily Reformer ^ | 08/22/2020 | Tyler Durden
    New York property owners are begging the city's largest businesses to return to work. Names like Goldman Sachs and BlackRock have been on the speed dials of New York landlords, who are reportedly reaching out to the businesses begging them to get back to work and, in turn, save the city's economy. The landlords have formed a "loose coalition" according to a new report by Bloomberg. The group includes RXR Realty’s Scott Rechler, Rudin Management’s William Rudin and Marc Holliday of SL Green Realty. These landlords, facing a catastrophic collapse in the price of commercial real estate, argue that...
  • Slammed New York City Movers Turning Away Business As Residents Flee The Metropolis In Droves

    08/22/2020 7:28:55 PM PDT · by SeekAndFind · 20 replies
    USSA News ^ | 08/22/2020 | Tyler Durden
    Between an economy-wrecking pandemic and a blistering crime wave driven by race riots and a disbanded anti-crime unit, New York City residents are switching to Pace Picante and fleeing the metropolis in droves. That, of course, is nothing new if you're been following along. But if you need yet another data point, NYC moving companies are so busy they're having to turn down business, according to DNYUZ. While the moving industry is fractured among numerous small business owners, and official statistics are tough to come by, one thing is clear: From professionals who are downsizing following a job loss,...