Posted on 12/11/2010 2:58:25 PM PST by 2ndDivisionVet
"We're seeing one of the lowest mobility rates in a century," says Nathaniel Karp, chief economist for banking firm BBVA Compass. Karp says the recession has forced many people to stay put because they are unable to sell their homes, cannot find jobs or are unwilling to relocate for work if it means sacrificing a partner's stable position.
The slowdown makes the question of who's moving and why even more significant than in years past. Using 2010 projections by Moody's Economy.com, Forbes ranked the states in which people are leaving faster than they are arriving. Economists report several overlapping trends that may be forcing people out of certain states as much as they are pulling them toward others.
At No.1 on our list, New York is expected to wave goodbye to 49,000 more people than it gains this year. The state has seen a steady loss of residents over the past five years, losing an average of 100,000 people per year. Karp explains that, because New York is a large state, it may report greater movement than others, but notes that population size is not the only reason residents are fleeing.
"In order to move, you need to be able to sell your home," says Karp. "The housing market [in New York] has not gone through the meltdown that other states have gone through."
While New York homeowners may have a slightly easier time selling their homes and moving to greener pastures, a competing trend is the number of unemployed renters who can no longer afford the high cost of living in and around New York City. Karp says the expensive lifestyle and high taxes may force the long-term unemployed to move on to more affordable regions.
The Prairie State came in at No. 2....
(Excerpt) Read more at realestate.yahoo.com ...
And the bad part is not what anyone expects: these same idiot liberals who ruined their own states will be moving to red states and screwing that up in no time.
Top 5
No. 1: New York
No. 2: Illinois
No. 3: Ohio
No. 4: Nebraska
No. 5: Kansas
Hmmm . . . what could these states have in common?
Reminds you of Muslims leaving their hellholes and coming to the West, huh?
Well, Nebraska doesnt have much in common with New York and Illinois, but the weather sucks and there is nothing to do here.
brutal winters?
Two blue states, one purple state and two Red states. Don’t have any idea what you are implying with regards to what they have in common. Boring states with no value could be one but I want to here what your answer is. :)
1. NY, 2. IL, 3. OH, 4. NE, 5. KS, 6. IA, 7. LA, 8. ND, 9. SD, 10. MS
Heavily unionized?
/sarc
I know a lot of illegals are leaving Louisiana.
Ya but I like it...great plae to raise kids..and after Benny is shown the door in 2012 we’ll have Adult leadership...Probably won’t retire here though...taxes are some of the highest....oh well can’t have everything...
Whats nice is even if we don’t have anything to do we can alway GO to those places then come back..kinda the best of both worlds..
I’m really surprised to see North Dakota on the list. They have an oil boom and the lowest unemployment rate in the country. Of course, people have been leaving North Dakota for the last 60 or 70 years. Most of them seem to come to the Twin Cities, so they’re not leaving to get to a better climate.
http://thebusinessrelocationcoach.blogspot.com/2010/12/part-i-new-record-for-calif-companies.html
Companies Departing or Shifting Work Out [of California]: 193 - Nearly Four Times Last Year’s Level
I left NY in 1985 and have never regretted it .
Yup. An infestation-plague combo..
One thing I’ll say about both Texas and Iowa when I lived in those two states: I never had a problem finding a decent job. Can’t say that about Mississippi.
Connecticut is soon to be on the list. We have a liberal dem taking over as governor with a filibuster proof dem Senate and House. CT is going down...
I wonder why AZ isn’t in the Top 10. I read last night that the illegal aliens are leaving AZ in droves.
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