The California state government found that skyrocketing home prices are driving much of the state’s net outmigration.
A recent <a href="https://www.sco.ca.gov/2021_06summary.html#item1">report</a> from California State Controller Betty Yee — who analyzed the impact of net migration on tax revenues — indicated that residents’ moves out of the state have tracked closely with ballooning home values.

High Housing Costs Are Driving Californians Out Of State

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High Housing Costs Are Driving Californians Out Of State