"It's aTown Full of Losers"

The NY Times has a good story about people leaving NJ because it is so expensive. A couple of months ago I visted Charlotte NC and met about 3 families in one development who were all from New Jersey. In short, they all left the Garden State for Charlotte because you can get much more house for much less money. I also heard that people from our area are selling the NJ house and moving to Charlotte and taking jobs in the Gap or Target. Apparently they made enough money selling their NJ house that they can take low paying jobs and still live pretty comfortably with the Charlotte house totally paid for.

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"A quest for affordable housing is driving an increasing number of young people, families and empty nesters from the New York suburbs to destinations near and far, a review of migration data by The New York Times shows.

Mr. Joubert is part of one of the fastest-growing segments of the population, those who have made the exodus to central Florida. Nearly 10,000 taxpayers from the northern suburbs of New Jersey followed that path in 2004, a 66 percent increase over 1996. But the new émigrés from New Jersey are also including destinations in gentrifying neighborhoods in Hudson County and New York City, exurban communities in Pennsylvania and upstate New York, and boomtowns throughout the Sun Belt."

Full article...