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It’s True, There is an Exodus out of California!

Nov 14, 2019 | Posted by Jeff Weil | California Economics, Newsletter, Residential Real Estate |

Will the last one to leave please turn the lights off? Oh, I forgot, that is what PG&E has been doing…The San Francisco Business Times 11/8/2019 edition reported that we had 691,000 folks leave California last year and only 501,000 new people migrating into California. Folks coming in are from Washington, Texas, New York, Arizona and Florida among other states, and those leaving headed to Texas, Arizona, Washington, Nevada and Oregon. However, the Public Policy Institute of California projects California’s population, now at a paltry 39 million, will reach 44 million in just 11 years…and 48 million by 2040!

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Jeffrey Weil, CCIM, MCR.h, SIOR

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Contact Information

  • Jeffrey Weil
  • Colliers International
  • 1850 Mount Diablo Blvd., suite 200
  • CA Lic. 00786195
  • +1 (925) 279 5590
  • jeff.weil@colliers.com
  • www.officetimes.com

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