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Leaving New Jersey: The Hunt for Affordable Housing

Posted by: David Gest
Thanks to: Cate Brandt Ryba
26 January 2006 - 2:00pm

Residents of New Jersey are migrating to Atlanta, Florida, and even the Bronx in search of affordable housing choices.

"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."

"Increasing numbers of residents are emigrating to more affordable suburbs and cities around the country, especially to central and northern Florida. Indeed, the rate of migration from the New Jersey suburbs to the Orlando area is up 80 percent over 1996. And these days, the migration is not dominated by retirees, who historically had headed to such coastal retirement destinations as St. Petersburg, Ft. Lauderdale and Palm Beach."

Full Story: An Exodus Driven by Home Prices
Source: The New York Times, January 22, 2006
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