New York’s even driving out rich millennials for unwoke Texas and Florida

Great job, New York — you’re driving retired affluent millennials on with everyone else!

Per a caller Smart Asset analysis, New York was 2nd successful the federation erstwhile it came to making things truthful uncomfortable adjacent younger radical with plentifulness of household income (at slightest $200,000) person to leave. 

New York hemorrhaged this important demo, seeing a nett nonaccomplishment of 4,251 households.   

First spot went to California with a nett nonaccomplishment of 9,181, but nether the economical absorption of progressives successful Albany and connected New York City’s ain legislature, number connected the Empire State to instrumentality the apical spot soon. 

And conjecture which states are benefiting?

That’s right: Florida and Texas, which saw nett gains successful this demo of 6,188 and 5,151 respectively. 

At the macro level, this should not travel arsenic a astonishment astatine all. 

New York has been losing retired economically to redder confederate states for years. 

Residents fleeing crime, sky-high taxes and insane regulatory situation person recovered greener pastures nether low-tax, pro-biz, anti-crime governors similar Florida’s Ron DeSantis and Texas’ Greg Abbott. 

To instrumentality conscionable 1 topline figure, Florida’s unemployment complaint is simply a sunny 3.3%, acold amended than New York’s 4.4% — and mode amended than the 5% wide complaint seen successful utterly anemic New York City. 

And that’s to accidental thing of lodging being much affordable successful some states. 

Yet the nonaccomplishment of younger folks with wealth spells large occupation for New York’s system — and authorities finances — down the road. 

One notable wrinkle: Both Texas and Florida are reddish states with red-state policies connected societal issues similar DEI.

And affluent millennials, successful theory, enactment each kinds of woke nonsense. 

Guess wealth talks and the anti-woke walk. 

Thanks to New York’s mindless committedness to progressive ideology connected the system and societal issues, we’re losing retired large time.