It's no secret that people are flocking out of California. In fact, some Californians are waiting up to a month just to get a moving van.
So why the mass exodus? As Business Week reports, California's skyrocketing cost of living is sending people packing into more affordable destinations such as Phoenix, Las Vegas, Atlanta, Dallas-Fort Worth and Tampa-St. Petersburg. The report also shows that during the second quarter of 2004, about 42 percent of California home sellers over 55 moved out of the state, up from 23 percent in 2003.
The Goldwater Institute report, The Tax Man and the Moving Van: Fiscal Policy and State Population Shifts examines the trend and ways Arizona can avoid repeating California's mistakes.