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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm no sage but are you all aware that real estate is crashing already on the West Coast? Like down 20% in the SF Bay and Seattle areas. Look at how many homes are for sale in Florida and guess where this hits next?[/quote] Isn’t the issue with Seattle and San Francisco the fact that they are tech based economies? Where is the crash in DC /Massachusetts?[/quote] Job growth is pretty flat in DC and the area is losing population. Compare 5.1% in NV & +4.6% job growth in FL & TX in 2022 vs. 0.7% in MD and 1.7% in DC. https://www.bls.gov/web/laus/statewide_otm_oty_change.htm [img]https://www.census.gov/content/dam/Census/library/stories/2023/03/domestic-migration-trends-shifted-map-1.jpg[/img] https://www.nationalvanlines.com/national-van-lines-domestic-migration-report/ What about since 2020? The states/areas with the most growth from 2020-2022: Idaho Montana Utah Florida South Carolina And the states/areas with the least growth from 2020-2022: New York District of Columbia Puerto Rico Illinois Louisiana[/quote] Huh, what could have happened in 2020 to have a spike in migration away from the large, densely populated city centers of New York, Chicago Illinois, and Washington DC? [/quote]
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