The Washington, D.C.-based Brookings Institution released a report today detailing how Americans -- including Californians -- are opting to stay in the state they live in at the highest rate since World War II.
"Migration away from areas stretching from San Francisco to San Diego, where high housing prices fueled 'middle-class flight' to the interior West, has now retrenched as home foreclosures rise and job opportunities diminish in states like Nevada and Arizona," according to the report, called The Great American Migration Slowdown: Regional and Metropolitan Dimensions.
"During the middle part of the decade," the report said, "younger couples and singles with moderate education levels dominated the groups leaving California for lower-cost housing and job opportunities in surrounding states. Now, the state seems to be retaining many of these same groups, particularly younger whites and Hispanics who are married couples or singles, as housing cost pressures ease."
"College graduates flipped from considerable net out-migration to modest
net in-migration, as the housing market and job opportunities dried up in other parts of the country," the report also found.
The study crunched data from various sources, including the Current Population Survey, the American Community Survey and other Census estimates as well as migration flows estimated by the Internal Revenue Service.
Click here for the full report, with a California-specific section on page 9.
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