277 People Move Out of NYC Metro Area Every Day

277 People Move Out of NYC Metro Area Every Day By Kharen Martinez Murcia for CNS News

GNN Note – That’s one person every 6 minutes of every day. By the time you finish reading this article that one person will be headed towards their moving van for the final walk through!! By the time you locate the next article of interest to you – 1, possibly 2 people will have moved left New York City!!

******

An estimated 277 people are moving out of the New York City metro area every day, a loss that is being cushioned by a large influx of immigrants, reports Bloomberg News. Gov. Andrew Cuomo claims the exodus is being fueled by a $10,000 cap on deductions for state and local taxes.

Based on 2018 Census data, “New York leads all U.S. metro areas as the largest net loser with 277 people moving every day — more than double the exodus of 132 just one year ago,” according to Bloomberg.

Also, “[f]rom July 2017 to July 2018, a net of close to 200,000 New Yorkers sought a new life outside the Big Apple while the area welcomed almost 100,000 net international migrants” reported the news service.

(Lichtenstein/Corbis/Getty Images)

The report also noted in contrast that cities such as Dallas, Orlando, Phoenix, Tampa, Las Vegas, Austin and Atlanta enjoy an average of 100 daily new arrivals, from international and national migrants.

“Some areas are affected by high home prices and local taxes, which are pushing residents out and deterring potential movers from other parts of the country,” said Bloomberg. “About 200,000 residents left New York last year. Los Angeles had a decline of nearly 120,000 and Chicago fell by 84,000. Miami, Washington D.C., San Francisco and San Jose experienced similar trends.”

Fox Business reported that Florida was the state gaining the most migrants while “New York had the third-largest outflows of any state, with 452,580 people moving out within the past year.”

The Hill disclosed that the mass migration has more to do with bad administration on N.Y. Gov. Cuomo’s (D) part than it has to do with tax policies.

Cuomo claims the tax cap implemented by the Trump administration and Congress in 2017 not only hurts New Yorkers, but is also the main cause for the mass migration.

Continue Reading / CNS News >>>

Related posts