A growing number of Californians are fleeing the Golden State as the cost of living climbs, and many are coming out ahead financially.Facing sky-high housing prices and rising everyday expenses, residents are relocating to more affordable areas where the savings can be substantial. On average, movers end up in neighborhoods with monthly housing costs about $672 lower.After seven years, they are 48% more likely to own a home than those who stay, according to the California Policy Lab’s recent report, "Priced Out: Relocation Amidst California’s Affordability Crisis."The study analyzed anonymized...
HALO NEWSLETTER
Join HALO today and unlock this story instantly — It's Free