Home prices are a big driver for tens of thousands of Californians to pack up and head to Texas, researchers say.
In 2018 and 2019, about 80,000 people a year made the move from California to Texas. The Kinder Institute found as housing prices go up in California, there is a steady migration to Texas.
It has a real-world impact on housing prices in the Lone Star State and those who were born and raised there when they try to find an affordable place to live.
“The consequences it does have is the people who already live in Texas who maybe do not have a lot of home equity and are not used to those California home prices, they may have a more difficult time buying a house, at least the house they want to buy in the place they want to buy.”
That means lower income families may have to move further away from the city center to find affordable housing, making their commutes longer and more expensive. As for whether or not those moving Californians could turn Texas blue, researchers say there doesn’t seem to be enough migration to make that happen on its own.
By Jeff Ehling ABC7