No Result
View All Result
  • Login
Thursday, August 27, 2026
theadvisertimes.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
theadvisertimes.com
No Result
View All Result
Home Business

Mass Exodus: Young Residents Fleeing Greater Boston

by theadvisertimes.com
3 months ago
in Business
Reading Time: 3 mins read
A A
0
Mass Exodus: Young Residents Fleeing Greater Boston
Share on FacebookShare on TwitterShare on LInkedIn



As Boston’s woke Mayor Michelle Wu hands “queer and trans” migrants $500 vouchers for massages and yoga, young residents are fleeing the Greater Boston region and the state of Massachusetts, according to a recent survey by the Greater Boston Chamber of Commerce (GBCC), which found more than 25% of residents between the ages of 20 and 30 said they “are likely to leave” the area in the next five years.

Apparently, Wu’s LGBTQ+ “wellness allowances” aren’t enough of a reason for young people to stay in the city bogged down by a nearly $50 million deficit – but what’s driving the “Mass.” exodus?

Affordability Strikes Boston

The GBCC worked with HIT Strategies to conduct the 2026 Young Residents Survey in an effort to “better understand how the region’s employers and policymakers can retain 20-30-year-old residents living and working in Greater Boston” – but what the non-profit discovered was “distressing.”

Of the more than 25% who are likely to leave Greater Boston (which includes Essex, Middlesex, Norfolk, Plymouth, and Suffolk counties in Massachusetts and Rockingham and Strafford counties in New Hampshire) over the next several years, roughly 50% said they intend to remain in Massachusetts, while the other half plan to leave the state. And among those leaving the Bay State, nearly half are “looking to move to the Southeast and Southwest.”

Young residents in Greater Boston said they are considering a variety of factors when deciding to stay or leave, including job availability, rent costs, safety, and the likelihood of buying a home. “[T]he region’s affordability continues to be a concern as young residents struggle to seize opportunities that outweigh challenges, like housing and career growth,” the GBCC noted, adding that more affordable states are attracting young residents who want to buy or rent a home without breaking the bank, and many are being “lured to states in the Southeast and Southwest.”

Winning States, Losing States

According to the Pioneer Institute for Public Policy Research, Massachusetts ranks alongside California, New York, Illinois, and New Jersey as one of the states with the highest net domestic out-migration in 2025. The states attracting new residents, on the other hand, included South Carolina, Idaho, North Carolina, Delaware, and Tennessee.

South Carolina, the fastest-growing state in 2025, saw its population jump 1.5%. More than 41,000 people moved to the Palmetto State, which amounts to an increase of 79.9 residents per 10,000 people. HireAHelper, a moving company, tracked 2025 migration trends by state and found that South Carolina’s draw comes down to affordability and the job market.

“The state has quietly become one of the strongest job markets in the Southeast, thanks to sustained growth in logistics, healthcare, and advanced manufacturing,” the company’s 2026 moving migration report stated. “As employers continue to expand operations across the state, particularly along major interstate corridors and coastal metros, workers follow.”

While South Carolina’s cost of living falls near the middle compared to the rest of the nation, the state’s work opportunities were largely unmatched last year, suggesting that “job growth, rather than low prices alone, played a decisive role in attracting new residents, particularly in industries experiencing sustained expansion.”

If Greater Boston and Massachusetts have any hope of competing with more affordable states, perhaps Mayor Wu should focus less on subsidized “wellness” perks for migrants and more on young residents struggling to make ends meet.



Source link

Tags: BostonExodusFleeinggreaterMassResidentsyoung
ShareTweetShare
Previous Post

South Korea Will Remain a Key Part of the US’ Chinese Containment Plans

Next Post

The Hypocrisy of the West’s Abandonment of Universal Values

Related Posts

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

by theadvisertimes.com
August 8, 2026
0

According to average rates from the Zillow lender marketplace, mortgage rates are mixed heading into the weekend compared to Friday....

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

by theadvisertimes.com
August 8, 2026
0

Return-to-office mandates are just a blip; Setting your alarm before sunrise and standing shoulder-to-shoulder on a packed train, just to...

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

by theadvisertimes.com
August 8, 2026
0

The Indian stock markets closed in the red, with the newly-launched closing auction session continuing to create a divergence among...

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

Banks or NBFCs? DSP’s Preethi R S explains where she sees the best opportunities

by theadvisertimes.com
August 8, 2026
0

India’s financial stocks are entering a more selective phase, where the strength of a lender’s deposit franchise, underwriting discipline and...

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

Trump tries again to fire Fed governor Lisa Cook, renewing battle over central bank independence

by theadvisertimes.com
August 7, 2026
0

The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the...

Ondo Perps hits  billion in volume weeks after launch

Ondo Perps hits $7 billion in volume weeks after launch

by theadvisertimes.com
August 7, 2026
0

Ondo Finance's derivatives platform has raced past $7 billion in cumulative trading volume, according to data from analytics site DefiLlama,...

Next Post
The Hypocrisy of the West’s Abandonment of Universal Values

The Hypocrisy of the West’s Abandonment of Universal Values

Amazon Basics Trash Bags, 120 count only .48 shipped, plus more!

Amazon Basics Trash Bags, 120 count only $8.48 shipped, plus more!

  • Trending
  • Comments
  • Latest
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

August 7, 2026
Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

Biggerpockets Pro Members Can Now Turn Home Equity Into a Flexible Line of Credit With Aven

August 3, 2026
Fourth of July 2026 Freebies and Deals

Fourth of July 2026 Freebies and Deals

July 3, 2026
Kellogg’s Back to School Snacks Instant Savings: Save  off  Purchase + Deal Scenario!

Kellogg’s Back to School Snacks Instant Savings: Save $10 off $35 Purchase + Deal Scenario!

August 6, 2026
CVS Deals Under  This Week

CVS Deals Under $1 This Week

July 27, 2026
*SUPER HOT* Lunakai Magnesium Glycinate, 90 count only .47 shipped, plus more!

*SUPER HOT* Lunakai Magnesium Glycinate, 90 count only $7.47 shipped, plus more!

July 25, 2026
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

0
Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

Wealth management has got junior advisors’ first 90 days covered. What happens on day 91?

0
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

0
The Unwinnable Iran War | Armstrong Economics

The Unwinnable Iran War | Armstrong Economics

0
Bezeq declares NIS 515m dividend

Bezeq declares NIS 515m dividend

0
AI Will Clarify What Asset Managers Are Paid For

AI Will Clarify What Asset Managers Are Paid For

0
XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push

August 8, 2026
Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak

August 8, 2026
Bitcoin outlook: ,000 or ,000 this weekend

Bitcoin outlook: $70,000 or $60,000 this weekend

August 8, 2026
Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

Mortgage and refinance interest rates today, Saturday, August 8, 2026: Rates mixed this weekend

August 8, 2026
CEO of the world’s largest workspace provider says commuting will be extinct by 2040

CEO of the world’s largest workspace provider says commuting will be extinct by 2040

August 8, 2026
F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

F&O Talk: Smallcaps look strong on charts, says Sudeep Shah; outlines Trent, Swiggy, Kalyan Jewellers strategy

August 8, 2026
theadvisertimes.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • XRP Price Forecast as Binance Whale Activity Remains Elevated Amid XRPL Tokenization Push
  • Is Lettuce Safe to Eat Now? What to Know Amid Cyclospora Outbreak
  • Bitcoin outlook: $70,000 or $60,000 this weekend
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • About Us
  • Contact Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.