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Monday, November 27, 2023

Californians continue to pack their bags and move to Texas, and they're doing so at more than double the rate of those heading in the opposite direction. Recently released U.S. Census data shows that more than 102,000 California residents joined the mass exodus to Texas in 2022. Meanwhile, a little more than 42,000 Texans made the Golden State their new home last year. State-to-state migration flows, especially those involving moves between pricey cities on the coasts and more affordable metros in the South and Southwest, have drawn the ire of longtime residents in growing areas. In Texas especially, some are noticing a financial strain that has seemingly followed as more Californians choose Texas as their new home, even if it's only a temporary move for some. read more

China and Saudi Arabia signed a local-currency swap agreement worth around $7 billion, deepening their ties ... read more


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