Home https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ Business https://server7.kproxy.com/servlet/redirect.srv/sruj/smyrwpoii/p2/ The survey shows that there was no “mass exodus” from California last year

The survey shows that there was no “mass exodus” from California last year

Despite allegations of “mass exodus” from California last year, a new study published Thursday by a non-partisan think tank found that the 2020 exits from the most populous U.S. state largely reflect historical patterns.

The California Political Laboratory, which partners with state governments to provide data on key issues, said in a press release announces the report’s findings that most of the moves of California residents in 2020 took place in the state

The group found that the most significant change recorded was a decline in the number of people moving to California.

However, the city of San Francisco has seen a record number of people leave throughout the coronavirus pandemic.

From last March to the end of 2020, net exits from the city in Northern California increased by 649% compared to the same period in 201

9 from 5,200 departures to 38,800, announced the Policy Lab.

“Until the mass exodus from California apparently occurred in 2020, the pandemic changed some historical patterns, such as fewer people moving to the state to replace those who left,” said Natalie Holmes, a research fellow at the Policy Laboratory and a graduate student at California. Goldman School of Public Policy at the University of California, Berkeley.

Holmes added: “At the county level, however, San Francisco is experiencing a unique and dramatic outcome that is causing a 50% or 100% increase in migration in the Gulf region for some Sierra counties.”

Since 2015, the share of movers who actually leave the country has increased from 16 to 18 percent.

Evan White, executive director of Policy Lab at UC Berkeley, said that while the state has not yet received evidence that wealthy people are leaving the country in large numbers, the exit of higher-income groups could have a negative impact on the state’s economy. in the future.

“Unfortunately, because the state relies heavily on income taxes on the wealthy, leaving even a small number of wealthy people could have a negative impact on income if they are not replaced by new entrants,” White said in a statement.

The study is based on data from on Consumer Credits Panel at the University of Californiawhich includes information on creditworthy adults who have lived in California since 2004.

The dataset includes a zip code and credit information per person, which are updated quarterly, according to a press release on Friday.

The Policy Lab defines the move as a change in the zip code from one quarter to the next, which means that there may be a delay in the data if the change in address is not reported immediately.

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