LOS ANGELES (FOX 11) - As the saying goes, “everything’s bigger in Texas.” Now, a new report says a lot of Californians are moving there because they can get more for their money.
Between 2007 and 2016, the report says one million Californians, 2.5% of the population, left the Golden State for another state. The most popular destination is Texas, where a quarter of them flocked.
The biggest reason people are leaving California is the outrageous housing prices. Compass Real Estate Agent Leah Walczak sees it firsthand.
“I’ve had quite a few clients who definitely sold and realized they couldn’t purchase what they wanted anywhere in the location where they wanted to be so they’re like, 'where else are we going to go where we’re going to get the same type of job and the same type of property for a lot better price?' They end up moving to Texas, Arizona or Oregon,” said Walczak.
Better taxes and business incentives are also enticing people to move their companies to the Lone Star State. Many industries in California are heavily regulated and doing business can be expensive.