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The Importance of Net Migration in New York State
30% of New Yorkers say they plan on leaving the state in the next five years, according to a new poll. John Avlon: People who move out of New York state typically save 15 times more from lower housing costs than from tax savings. He says there are enormous gaps and costs of living, post-pandemic; people are sorting their options based on rational calculations.Avlon: The reveal preference thing is exaggerated but real. There has been immigration into red states. It's not as blue as like the West Coast necessarily, but there is a factor there for sure.