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but if you're waiting for all those businesses to flee to low-tax havens, don't hold your breath.
It's already the case since 2007.At the beginning it was only small businesses in commerce sector, but now some high technology entrepreneurs wants to come in Austin because high taxes and high cost of life become hard to live.
It is what in some ways similar to places in the Northeast, where natives move out and immigrants in. The other question is this pattern going to happen in Arizona and Las Vegas, which grew from a lot of people leaving California. Where will the people migrate to now?
Californians, Arizonans, and Nevadans will probably move a bit further east to states like New Mexico, Utah, and Texas. Eventually those places will become overcrowded as well, and the search for the new hotspots will continue. Who knows, maybe once the Sunbelt is all overdeveloped people will choose to move in droves to sparsely populated states like Wyoming and start the same process there. Seems unlikely, but then again, at one point in time no one would have imagined that places like Nevada would have huge population increases.
Californians, Arizonans, and Nevadans will probably move a bit further east to states like New Mexico, Utah, and Texas. Eventually those places will become overcrowded as well, and the search for the new hotspots will continue. Who knows, maybe once the Sunbelt is all overdeveloped people will choose to move in droves to sparsely populated states like Wyoming and start the same process there. Seems unlikely, but then again, at one point in time no one would have imagined that places like Nevada would have huge population increases.
My guess is also the Boise and Denver areas. It won't be so much overdevelopment but any associated issues with it making whatever advantages there were to start being offset by the negatives.
^^ I agree with those areas too. Denver seems to already be considered a hotspot by many, and I think Boise will rise in popularity as well.
Boise also will be set up as an area if there starts an outflow of native-born people from Seattle and/or Portland. Another city I forgot to mention is St. George, Utah. Salt Lake is a wild card due to unique culture might scare off people from moving in, but has 50's era birthrates that will make growth happen regardless. Montana and Cheyenne, Wyoming is another place to see further down the line.
It's already the case since 2007.At the beginning it was only small businesses in commerce sector, but now some high technology entrepreneurs wants to come in Austin because high taxes and high cost of life become hard to live.
It's hard to see small business moving from California to Texas, if all or most of their customers are in California. But it looks like CA will lose population share for the first time. A relative of mine has left for TN after 30 years, being unable to find suitable employment locally.
Last edited by pvande55; 05-14-2010 at 06:51 PM..
Reason: wrong number
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