Stallone Sells Property Moves to Florida
Like many others, people, companies, corporations are moving out of California in the droves. There are many reasons and they all point in ONE DIRECTION.
Florida Gov. Ron DeSantis' wife, Casey DeSantis, welcomed the Stallone family to Florida in a message on X, formerly known as Twitter, on Friday. "Welcome to the Free State of Florida!" Casey wrote alongside a clip of Stallone's conversation with his daughters.
"After long, hard consideration, your mother and I have decided, time to move on and leave the state of California permanently, and we’re going to go to Florida,"
Some parts of California are losing residents due to the high cost of living, politics, and crime. More than 800,000 people moved out of California between 2021 and 2022, according to the US Census Bureau. After subtracting the number of people who moved in, California lost almost 350,000 residents.
So why are people leaving California? To put it plainly, the No. 1 reason is that California is expensive. The state consistently ranks in the country’s top five priciest states — in 2023, the Golden State comes in at No. 2.
Businesses have also been on the move out of California. A 2022 report by the Hoover Institution shows 352 businesses leaving California and moving their headquarters to a different state between 2018 and 2022. High rent, high taxes, high costs of living for employees, and red tape are just a few reasons cited by the exiters. In San Francisco’s Union Square retail hub alone, from 2019 to May 2023, the number of stores dropped from 207 to 107, and the center now has a 47 percent vacancy rate.
Curious where everyone is headed? We’ve analyzed the latest PODS moving data to find out which cities and states people in California are moving to in 2023. A few things we noticed they have in common? Green spaces, nice weather, good public transportation, and big city amenities — all with a more affordable cost of living.
DALLAS
It’s only taken a few years, but Dallas has usurped Austin as the top spot for people moving from California to Texas. The median household income in Dallas is 35 percent lower than you’ll find in Sacramento, while the overall cost of living is 17 percent lower in Dallas. Housing costs are also significantly lower in Dallas, where you’ll pay 15 percent less for a one-bedroom rental, and home values are 35 percent less than in Sacramento. All this adds up to more bang for your buck and an adjusted quality of life.
Dallas locals have access to several professional sports teams and a rich nightlife full of decent bars, restaurants, live music, culture, and art. With a population of around 1.3 million, it’s one of the biggest cities in Texas, and, when paired with its sister city Fort Worth, the fourth-largest metroplex in the country. The Dallas-Fort Worth International Airport keeps the city well connected, as well. And to top it all off, relocators will also appreciate the lack of state income tax in Texas — one of the big reasons there are people leaving California and booking it to the Lone Star State.
FLORIDA
Florida may get a lot of flack, but numbers don’t lie. The Sunshine State has been a go-to state for relocations, including those from California. Floridians make an average of $22,000 less a year than Californians, but the overall cost of living in Florida is much lower. During the pandemic, many people who wintered in Florida decided to stay permanently. Florida’s real estate market is booming, and even though values have gone up by almost 75 percent in the last five years, the average home value is still close to 50 percent less than what you’d find in California.
Florida offers up familiar sunny weather with mild winters and hundreds of miles of sandy coastline, so it’s easy to see why this Southern state has attracted so many people from California. Flip flops, t-shirts, and sunglasses are wardrobe mainstays in both states, so you won’t even have to shop for new clothes (unless you want to)!
QUICK ANSWER
People are leaving California due to its high cost of living, including expensive housing and taxes. The housing crisis, characterized by high costs and a lack of affordable options, is a major factor. Employment opportunities in more affordable states, enabled by remote work, are also drawing residents away.
Additionally, rising crime rates and social unrest, particularly impacting lower-income groups, along with the decline in urban centers like San Francisco’s Union Square, are contributing to the exodus from California.
HardTalk News
Publisher HardTalk News, Blog, Podcast, WebCourse
World, Local, Tyranny, Dark Pharma, Webtech, De-Google, Money, more
Email: info@hardtalknews.com | Web: hardtalknews.com
Private Browsers: DuckDuckGo, Qwant Or SearX
Private Operating Systems: Linux or Tails
Private Cloud Servers: Skiff, Mega, pCloud, Proton, Sync, Tresorit
Alternative to YouTube: Rumble, Odysee, Dailymotion
Dump the Sim in Your Cellphone | Webtech Shows How
Check Out: mediahead.ca | WebCourse | RSS Feed
Subscribe to HardTalk News Free - click here