The state of California has seen a rapid decline in its population, with more than 600,000 residents packing their bags and relocating within the last three years.
The Golden State that people once flocked to has now become an area everyone is fleeing from. Sky-high taxes, soaring crime rates, and a floundering economy are just a few reasons why California is in big trouble.
California was always a popular place to live due to its sunny weather, beautiful beaches, and close proximity to Hollywood’s most elite.
But residents of California are dwindling at an alarming rate and the state is struggling to stay afloat
A recent poll determined that 4 out of every 10 California inhabitants have considered leaving in favor of starting fresh elsewhere.
The situation in California has proven that the state needs to shift gears in order to survive the mass exodus of its residents.
Instead of trying to grow the population by attracting more people, the state should try to hang on to the people who are already there, but are considering greener pastures.
Stabilizing the economy must be the first order of business to help California survive the changing times.
Young people are an asset to the state of California because they are the future.
People who settle down in California at a young age could potentially spawn generations of California residents for many years to come.
While Califonia still attracts youthful prospects, the problem is clear—they can’t afford the exceedingly high cost of living.
Not everything about California is bad. Despite major corporations like Tesla closing up shop and relocating to Texas, California remains the world’s leading innovation economy.
Higher education and research institutions still top the nation, and that’s something that can work in California’s favor.
Acknowledging that the state is in a downturn while working on a plan to move forward is the only option.