Moving Trends for 2025

Here’s an article Yale published that does a better job than I can of showing the parallels between what’s happening in cities like NYC and LA and the UK. I referenced the UK as history is usually the best indicator of what’s to come.

Here’s an excerpt that summarizes the cause and effects I’d argue are one of the larger drivers. Cost of living increases is a result, not a cause. But “why” the increase is the real question.
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I'll simply agree to disagree with many of the underlying assumptions. Like people actually want socialism. I don't think that's true, for all the reasons in that article. People simply don't want, or can't stand, what we have, and socialism being so fundamentally different must therefore be better.

In an era of easy mobility, great people will always choose to live in great places. What defines a great place is up for debate and varies by each of us, with some common threads. I will go out on a limb and say that California will always have a thriving economy because it's a great place, like physical space, to live in. It's beautiful and the weather is perfect. For the same reasons, I don't think ND (or WY to a lesser degree) will ever become a huge population center (sorry to all of you who like ND, it's nothing personal).

What I think is more interesting is the observation that people move to an area to make money (some money, more money, whatever), get sick of it (the crime, the smog, and housing costs, the traffic, the taxes, etc. etc. etc), so they move to a different area with different characteristics, ones they think they want more, yet for some fairly consistent reason, they then seak to slowly change this new place to have the same things of the place they left. I don't understand that. I don't understand it for the same reason why people would move because of "politics". It just doesn't make sense to me. But as I've found, many people, and many people's actions, don't make sense.
 
People move for a number of reasons and stay for equally as many. Many have continued in states they hate because their job is there while they count the days until they can move. Others, stay because their families are there and prioritize living near family.

It takes a lot of initiative to move and takes none to stay. Sometimes the initiative comes from losing that anchor job.

As far as NC vs SC goes. SC is more rural. Of course, if you are an academic, NC is better. Interesting about the comments about SC roads. It's been a while since I lived in NC, but it was a running joke about how bad their roads were both in the cities and on the interstate. We regularly traveled to SC and never experienced their bad roads, but it's been a while.

Fwiw, NC is on my list of never live there again. YMMV.
 
I don't understand it for the same reason why people would move because of "politics".
Politics often equal taxes. So many people leave here after retirement because of that exact reason. Some stay because of family im sure for 1 and 2 Illinois doesn't tax retirement the same way they do regular income. I can't imagine how many people would leave if they did. For people in the trades we kill it here compared to other states surrounding us, also most other jobs besides those pay slightly more than surrounding states. I cant help but wonder at times how that remains. You have to have people to prop up all that up. Chicago is not the thriving place it once was. If you're in a labor union its a great place (financially speaking)because despite the insane amount of taxes we always get ours. (Thats all due to politics). I often sit and wonder if I moved to a state where unions aren't as strong or existent at all what my quality of life would be like (also due to politics). I really wonder if I'm any further ahead by the time I pay all the taxes here or if its a wash.
 
Politics often equal taxes. So many people leave here after retirement because of that exact reason. Some stay because of family im sure for 1 and 2 Illinois doesn't tax retirement the same way they do regular income. I can't imagine how many people would leave if they did. For people in the trades we kill it here compared to other states surrounding us, also most other jobs besides those pay slightly more than surrounding states. I cant help but wonder at times how that remains. You have to have people to prop up all that up. Chicago is not the thriving place it once was. If you're in a labor union its a great place (financially speaking)because despite the insane amount of taxes we always get ours. (Thats all due to politics). I often sit and wonder if I moved to a state where unions aren't as strong or existent at all what my quality of life would be like (also due to politics). I really wonder if I'm any further ahead by the time I pay all the taxes here or if its a wash.
Genuine question - does losing retirees actually hurt the economy? They're a bigger strain on healthcare and other services and likely contribute less to the tax base, and them moving frees up housing for younger folks. Not trying to rag on retirees, and obviously if people feel forced to move that's not a good thing, but just curious whether that flow is net-negative or net-positive.
 
Genuine question - does losing retirees actually hurt the economy? They're a bigger strain on healthcare and other services and likely contribute less to the tax base, and them moving frees up housing for younger folks. Not trying to rag on retirees, and obviously if people feel forced to move that's not a good thing, but just curious whether that flow is net-negative or net-positive.
Im not really sure, thats a good question. Im sure the surrounding states (majority would be wisconsin or Tennesee). Dont really appreciate the mass migration of retirees if they are in fact a strain on the economy.
 
The data comes from HireAHelper. While probably directionally correct, much like the Uhaul data, I'm not sure how far I would stretch a world view based on this data. If so inclined, overlay the states with the most mobile home lots. Large numbers of people still move because of weather. People with money don't rent a Uhaul or do Hireahelper, so probably don't show in the data.

Chicago is not the thriving place it once was.
Something said every year for the last 100 years. Hard to figure how IL has a trillion$ economy.
 
Something said every year for the last 100 years. Hard to figure how IL has a trillion$ economy.
Why did you leave?

I'm not saying that there's no money in Chicago. What IM saying g is it pales in comparison to ther cities/states as of late. Hell even the bears are possibly moving.
 
How so? Wouldn't older folks be larger consumers of healthcare and therefore drive revenue for the healthcare industry? Just because they're covered by Medicare doesn't mean the Dr does it for free.
Most healthcare workers say to me they are losing money taking care of medicare and medicaid patients.
 
I’ve been looking into what’s happening in the UK and I’m pretty certain it isn’t a joke. It’s easy to vote for socialist “feel good” agendas till it starts to hit your pocket book. It’s wild the migration of wealth out of the UK.View attachment 403707
I think anyone that can run a spreadsheet could see how these things can only make sense for so long.

Do you have other ideas on what’s causing the exodus?
I personally try to examine at a multitude of sources and apply a little critical thinking before developing any sort of certainty on a subject:


Moreover, that same bit you cited states that one reason the wealthy have left is that Brexit closed off access to a lot of capital access. That wasn't exactly a socialist cause. "The UK’s exit from the European market has also made it significantly less attractive and less flexible than expected.

More specifically, the UK’s attractiveness to the wealthy has also been eroded by the loss of some Euroclear activities since Brexit, leading to a shift elsewhere of market participants and capital."
 
How so? Wouldn't older folks be larger consumers of healthcare and therefore drive revenue for the healthcare industry? Just because they're covered by Medicare doesn't mean the Dr does it for free.
If Medicaire was a money-maker for the healthcare industry, Medicaire-for-all would be a lot more popular.
 
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