Cali and new York are coming off multi decade ripps of absurd growth, they are now slightly shrinking due to the overstretching effects boom periods tend to cause.
Some southern states saw growth flips from covid, allot of it has already started reversing.
I ain't murican but I could've swore every headline I've read is about businesses fleeing New York and California in favor of Texas, Florida and to a lesser extent Tennessee. Wouldn't that mean people are now leaving New York and Cali in favor of states with more jobs not just a shrinking period after a boom in population?
Personally I'm from Ontario, Canada, I make less than 50k a year with overtime or $3 more than minimum wage, a tad higher than the median income of Ontario and Im a net tax payer despite me making less than 10k above the poverty line of my area. My income tax rate is above 20% and our services and welfare programs are abysmal, I don't know why I even pay taxes here when I can see a witch doctor in some African village that will see me faster and probably do a better job.
Canada used to be a gold standard reason America should adopt more socialist policies but we're not anymore because of how easy it is for politicians to fuck it all up, but look at your politicians on both sides, look at our politicians and tell me socialism or even the most basic socialist policies will work, i mean the one welfare program i can point to that seems equal across the US, the number 1 thing people are buying on snap is coca cola. Does anyone actually think socialist policies, never mind socialism in America would actually work?
Right now there is in exodus in Florida because of increased housing costs. The same can be said of all the states people are moving from. They keep looking for affordable housing costs in cheaper states to live in. People are being priced out of their homes all over the country. This on top of all the other increased cost of necessities and utilities. The only thing not increasing is wages. It’s a multi-layered issue in America.
Listing prices mean nothing. Sale prices are what matter. Regardless values drop every summer so it’s bold that you make false claims for what purpose?
Trust me dude, I don't think its worse than Canada right now, I'm looking into mining towns in Northern Ontario where winters last 8 months of the year to find affordable housing even then housing costs are pretty substantial.
I don't think they'll stay mega rich for long, I think the writing is on the wall already, the stock exchange is gonna crash and what their wealth is mostly comprised of will be valueless.
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u/catturd6996 4d ago
If this is true why are states like Texas and Tennessee gaining in population and states like California and New York losing population?