Spotted this in a reply to a Wall Street Journal article detailing out migration from New York.
Outmigration is also a problem for New Jersey. Rutgers economists James Hughes and Joseph Seneca calculate the Garden State lost nearly a quarter of a million people between 2002 and 2006.
People are also leaving the region. New Jersey, once a destination for New Yorkers wanting to move to the suburbs, is now a stretch of turnpike leading to Florida and North Carolina.
The reason they are leaving the region is that the cost of government has increased, but the quality of services has not.
I think that sums it up quite well.
http://online.wsj.com/article/SB10001424052748703574604574501582671046714.html?mod=googlenews_wsj
Live like Paul Volker
8 hours ago
I left NJ 7 years ago (for the panhandle of Fl)and the only thing I miss are the bagels from Elmore Ave. in Elizabeth and Drakes cakes. Got my property tax bill in the mail yesterday and it was for $378 for next year for an acre of property. In NJ I had 1/4 acre and was paying $2,900 a year. And we have no state income tax.
ReplyDeleteCost of living seems to be, by far, the single largest driver of folks leaving NJ.
ReplyDeleteIf the cost of living were closer to what it is in FL, would you move back?