Warmer places are the more popular destination once again
Based on the latest Census data, The New York Times reports that Sun Belt places with affordable housing added people, while established Northeastern and Midwestern cities lost population.
“[This] has been a dominant story in the United States demographic change for decades now,” The New York Times economics correspondent Neil Irwin writes.
Analysts say that the latest Census report indicates the direction Americans are moving to: warm places with ample affordable housing that are popular retirement destinations. Though this seems like an old story, Irwin says that this pattern broke down during the housing bust.