freedraw t1_j9g6bd2 wrote on February 21, 2023 at 6:10 PM

From the Boston Sunday Globe cover story this weekend.

>Unquestionably, stratospheric housing costs are a major factor in why people leave Massachusetts, especially now. Before the pandemic, a family making $100,000 a year could afford to buy 37 percent of homes available in the state. Today that figure is just 12 percent. In metro Boston, it’s just 6 percent, compared with 34 percent nationally.

To be succinct, if you're making the median income in MA, you are likely not buying a home in MA unless you already own one or have some other source of wealth.

LetterheadNervous555 t1_j9jepi7 wrote on February 22, 2023 at 12:01 PM

I like how the list of move out states are Florida(retires), New Hampshire a border state, and cali/NY, probably students but two also high income areas. Almost like people don’t uproot their family and social lives plus take a 30% pay cut to go live in the middle of nowhere for slightly less money. People in general do not move due to cost of living they will just deal with it by continuing to rent or cutting elsewhere. These articles gloss over that Millennials are not moving out of MA, they are just continuing to suffer with the ever rising COL burden.