A report by Beacon Economics and Next10 shows that between 2006 and 2016, more people moved out of California than moved in, with outgoing migrators predominantly lower-income residents, and incoming migrators mostly of wealthier households. The report finds that over the 11-year period, the state’s net migration of those earning between $30,000 and 49,999 accounted for 93,500 residents leaving, or 18 percent of net out-migration over that period. On the other hand, net domestic migration for households earning between $50,000 and 99,999 was found to be positive since 2010, representing roughly 52 percent of net in-migration over that period. These trends help explain the state’s growing housing affordability problem, with the report noting that the median California home price in 2016 was $266,750, the highest of any state.
New Analysis Examines Housing Trends in California
Published by Oklahoma Coalition for Affordable Housing
The vision of OCAH: That all Oklahomans have the opportunity to live in safe, healthy and affordable homes. Our Mission: To lead the movement to ensure that all residents of the state of Oklahoma flourish in safe, affordable homes and to help communities develop safe and affordable housing options for all of their residents. We reach our mission through advocacy, education and practical training to foster the production and maintenance of affordable housing throughout the state. View all posts by Oklahoma Coalition for Affordable Housing
Oklahoma Coalition for Affordable Housing 