(LibertySociety.com) – People are reportedly continuing to leave states with high taxes, such as New York and California, and relocating to states with that take less out of their pocketbooks. According to an article published by Fox News on February 7th, 2023, the National Association of Realtors reported new data from 2022 showing that Americans were choosing states with Republican leadership in the majority and lower tax rates. However, relocating geographically may not be the only “move” these people are making.
In May of 2021, Florida Governor Ron DeSantis discussed in a town hall event reported by The Daily Wire that the people who were moving to Florida at the time were overwhelmingly registering as Republicans. This is notable, as the 2022 elections which gave the state House and Senate Republican supermajorities. Florida isn’t the only state receiving an influx of residents, according to NAR. Seven other red states have reported a population increase, including Arizona, Georgia, Idaho, North Carolina, South Carolina, Tennessee, and Texas, according to Fox News.
Another reason may be that people have opted to migrate to those states is due to high job recovery post-2020, according to CBS News. A senior economist at NAR, Nadia Evangelou, stated that some of these areas people are migrating to have actually added more jobs in addition to recovering from previous losses. House availability and affordability is another reason Evangelou believes certain states are chosen for relocation.
With inflation soaring to 7% in early 2022, Americans were looking for ways to save money in every aspect of their lives. Bargain shopping, coupon clipping, and forgoing luxury expenditures may have helped, but it seems some Americans wanted a change that would make a significant, long-lasting impact on their lives and possibly allow them to buy that new car or take that well-deserved vacation.
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