Why People Are Leaving New York and California & You Should, Too
Antoine Martel
You may have noticed people leaving New York and California in droves. Some call it an exodus, some call it a migration, but one thing you can be sure of... It's happening and it is going to have a significant impact on Real Estate and Real Estate Investing.
So we're going to go through property value potential risks, we're going to explore the data and find out specifically why people are leaving these cities, and even more in-depth, where are they going, and what does it mean for homeowners in New York, New York City, Los Angeles, San Francisco all over California, and the rest of the United States!
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0:00 Introduction
0:40 Reason 1: Taxes
3:20 Reason 2: Cost of Living
4:00 Reason 3: Remote Work
5:25 Reason 4: Salaries and Wages Have Not Kept Up With Costs
6:07 How Young People Afford Rent in Big Cities and Why It's Changing
9:09 Reason 5: Minimum Wage is Still Too Low
9:36 Reason 6: Homelessness
10:33 Biggest Population Shift in US History
10:55 Where is Everyone Moving & Where You Should Look to Invest
11:23 Summary and Analysis - What You Can Do to Capitalize!
12:25 I'm Moving Out of California! Where am I Going?
#housingmarket2022 #california #newyork #leavingcalifornia #leavingnewyork #vlog
