“California’s skyrocketing housing costs, taxes prompt exodus of residents”

“During the 12 months ending June 30, the number of people leaving California for another state exceeded by 61,100 the number who moved here from elsewhere in the U.S., according to state Finance Department statistics. The so-called “net outward migration” was the largest since 2011, when 63,300 more people fled California than entered.

“The main factors are housing costs in many parts of the state, including coastal regions of California such as the Bay Area,” said Dan Hamilton, director of economics with the Economic Forecasting Center at California Lutheran University in Thousand Oaks.”

http://www.mercurynews.com/business/ci_30037774/greener-pastures-beckon-some-beleaguered-residents

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