Do Americans really vote with their feet, leaving high-tax states in favor of low-tax states?
While most people don’t move often—and many never leave their home state—we can look at trends and patterns among those who do move across state lines.
I’m not interested in the politics of it. I’m interested in the actual migration numbers compared to tax rates. Set aside your politics for the next five minutes, and let’s focus on the raw population numbers.
After all, population change is the foundation of demand for real estate. By understanding where people are moving, we can understand where real estate markets will boom over the next few years.
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