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6/29/2025, 4:39:48 PM
>>509038170
Many people have been migrating from NY, NJ, Chicago, & LA to southern states over the past few years.. This is well documented. A millionaire tax will be another nudge. For people to whom money is no object this won’t be a motivator. But just barely crossing the millionaire threshold is probably just middle class in NYC. Basically anyone who has a good job and bought property in the right place at the right time.
https://www.armstrongeconomics.com/armstrongeconomics101/economics/ny-to-lose-financial-capital-of-us-to-miami/
Many people have been migrating from NY, NJ, Chicago, & LA to southern states over the past few years.. This is well documented. A millionaire tax will be another nudge. For people to whom money is no object this won’t be a motivator. But just barely crossing the millionaire threshold is probably just middle class in NYC. Basically anyone who has a good job and bought property in the right place at the right time.
https://www.armstrongeconomics.com/armstrongeconomics101/economics/ny-to-lose-financial-capital-of-us-to-miami/
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