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New York Tops Nation in Negative Migration Rate

According to information published in the New York Post, people seem all too happy to leave the New York area.

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Since 2010, over one million people have moved out of New York and settled elsewhere in the United States. Indeed, 223,423 of them left the area in 2016, a figure that represents a 19 percent increase over the number who split in 2015, when 187,034 decided it was time for them to go.

Somewhat revealingly, those who make it a point to study these kinds of things say that this sort of trend becomes most pronounced during periods when the economy is on the upswing.

“The historical trend is that out-migration grows when the economy is getting better,” notes E.J. McMahon, research director at the Empire Center for Public Policy.

“As the economy gets better, there are more jobs outside the region and by the same token . . . more people to buy your house if you’re a baby boomer looking to move to Boca Raton or Myrtle Beach.”

In other words, what this apparently says is that when people are not so enslaved by an uncooperative economy, and have some real freedom to decide where they want to live, New York and the surrounding area seems to be the place they’re most happy being from…as in, far away from.

So where’s everybody going?

It appears they’re chiefly headed to locations known not only for more temperate climes, but for great personal liberty and no state income tax.

First on the list of areas with the highest rates of domestic migration is the chunk of real estate that runs from Orlando (Fla.) to Daytona Beach, which has seen just over 217,000 people head there in the past six years, an increase of 7.7 percent. While Denver, Colorado comes in at number two on the list, the places boasting the third and fourth-highest rates of domestic migration can be found in Texas: Houston, and Dallas-Fort Worth.

By Robert G. Yetman, Jr. Editor At Large

 

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