California Emigration Surge?

[Manco Snead]

Greetings,

I'm looking to hear people's thoughts and observations of a potential increase in numbers of people moving from California and how it will affect real estate in the locations where they relocate.I grew up in CA and now live in eastern Washington state where over and over I hear that the overwhelming majority of people moving into the area are from California. With the increase in wildfires, the high cost of living, and the increasing ability to telecommute, will less expensive and less fire prone areas soon see a surge of people moving from CA, thereby changing the markets in these relocation areas?

[Jon Schwartz]

Originally posted by @Manco Snead:

Greetings,

I'm looking to hear people's thoughts and observations of a potential increase in numbers of people moving from California and how it will affect real estate in the locations where they relocate.I grew up in CA and now live in eastern Washington state where over and over I hear that the overwhelming majority of people moving into the area are from California. With the increase in wildfires, the high cost of living, and the increasing ability to telecommute, will less expensive and less fire prone areas soon see a surge of people moving from CA, thereby changing the markets in these relocation areas?

 Jesse, I have to point out one fact that gets overlooked: CA is HUGE. 1 in 8 Americans lives in CA. So any area in America experiencing population growth is going to see a lot of Californians.

I think of Boise, ID, where I hear anecdotally from friends that the city is flooded with Californians. Boise has a population of 228K. Californians birth twice as many people a year!

So a lot of people moving into anywhere will be from CA. The actual net out migration rate from CA to other states is under 0.5%, so as of yet, the much-hyped "California exodus" isn't a thing. And I wouldn't hold my breath for it, either!

Best,

Jon