Sunday, June 14, 2009

California Losing People to the South

The Sacramento Bee reports:
As California housing prices went wild in the middle of this decade, hundreds of thousands of residents scratched their heads and moved to places where homes were still affordable, state and federal statistics show. When prices started falling and unemployment started rising, many continued to leave California for healthier job markets.

The result was five consecutive years when California saw more residents going to other states than coming. Although many stayed closer to home – Nevada, Oregon, Arizona – the mid-South saw a large influx.

From 2004 through 2007, about 275,000 Californians left the Golden State for the old Dust Bowl states of Oklahoma and Texas, twice the number that left those two states for California, recent Internal Revenue Service figures show. In fact, the mid-South gained more residents from California during those four years than either Oregon, Nevada or Arizona. The trend continued into 2008.
You'll want to read the whole, long article. You'll also want to click on the excellent video which explains some of what's going on. No word yet from the Obama administration on why there's a net outflow of California residents to that ultra- Red state called Oklahoma.