Reply to TX Migrant Buses Prevented 2022 DC Pop. Decline

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Curious, OP.

"why so many people are moving away. " -- if people move away because there are so many "migrants", then why is TX the fastest growing state in the country? Why do so many real Americans move to TX even as they are being flooded with "migrants", and there is purportedly open borders there?

There's some dichotomy there.[/quote]
Population growth is good and it’s good to live somewhere the population is growing. Without these TX migrants, DC would be in real trouble like other blue states and particularly “superstar cities” that have seem population declines starting a few years ago that accelerated with COVID.

Why DC refuses to embrace it, I don’t know but suspect that accepting these migrants runs contrary to their economic development strategy of creating a rich enclave. [/quote]
Which "blue city" is in trouble, and what kind of trouble, due to population declining?

Bay Area housing prices is still leagues above anywhere in TX, FL or DC.

But, as stated earlier, most of those migrants have friends/relatives elsewhere. That's where they are headed.  Some will stay in DC.  But TX still has way more illegal immigrant population per capita than DC, and  yet, real Americans still seem to be flocking to TX.  So, it appears that TX is still doing well with all them illegals and an open border.[/quote]
What does housing prices have to do with anything?

Population growth is good. Population decline is bad.

Agree or disagree?[/quote]
agree?

But you stated...

"DC would be in real trouble like other blue states and particularly “superstar cities” that have seem population declines starting a few years ago that accelerated with COVID."

I asked, what  "blue states and particularly “superstar cities” that have seem population declines starting a few years ago that accelerated with COVID" you are referring to? And what kind of "trouble" do you mean?[/quote]
Through July 2022, largest state population losses are:

NY: -200k
CA: -120k
IL: -100k

These are on top of population declines for all 3 states in 2020 and 2021.

We don’t have the 2022 MSA estimates yet, but through 2021 most large cities in these states lost population from a pre-COVID baseline. That would include Chicago, NYC, SF and LA.
 
Over the last 2 decades, population and economic growth centered on these “superstar cities” has driven growth in those states and the country. Declining population in those cities reversed this trend. It weakens their economies and it means that if their economies are to grow they will need marginal productivity gains that will outpace the economic losses from population decline. Very few places in the world in history have been able to pull this off.

A change is certainly afoot, but how much no one knows. It could signify just economic stagnation in these states/cities or even actual economic decline. That will depend on specific circumstances.

[/quote]
I don't know about IL and NY but CA is the 4th largest economy *in the world*.

I mentioned housing prices because, generally, dying cities don't have astronomical housing prices.  CA still has sky high housing prices, so even with the population decline, it's still more expensive than  TX.

Sure, who knows what it will look like in 50 years. But, I do find it curious that TX has seen the largest population growth due to net migration into this state from other states even as it has porous borders and an influx of illegal immigrants.    TX GDP is growing. So, it doesn't appear that the border problem is making TX not great again.[/quote]
Your entire world view and understanding of economics is tied to housing costs, which is so bizarre. Luanda, Angola has some of the highest housing costs, do you think that is tied the strength of the Angola economy?[/quote]
ok, you're an idiot.

Do you think SF Bay Area prices are sky high because there is so much poverty, and it's coming out of a protracted civil war? FFS

No, dummy. It's high because there are a lot of high paying jobs there, and lots of people, which causes prices to go up, and yes, high housing costs can be tied to the strength of the economy.

Example, housing in WV is dirt cheap. Why? Weak economy, and no one wants to live there.

CA economy is strong, and lots of people want to live there. Hence, high housing costs.

It's not that complicated. You're the one trying to make it more complicated.[/quote]
If housing prices reflected the strength of an economy then Luanda, Angola would have the strongest economy in the world. Whatever else you have to say is irrelevant. If you think a city or state with declining population will be fine so long as housing costs hold up, I just don’t know what else to tell you because you seem to have gotten all of your economics education from social media. [/quote]
oh my.  You are comparing Angola to rich CA, and you are taking words out of context.  I stated that even with CA losing a tiny % of the population, the housing prices are sky high still, and still they are the 4th largest economy in the world. That is very relevant. You totally ignore all the other aspects, and focus one one thing (and compare it to Angola).

And you think I'm the one who is confused. OK then.[/quote]

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