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Housing has become so expensive that college graduates are leaving the coasts and moving inland.

Moving Van

Since even before the Covid pandemic began, more working-age college graduates have been leaving New York, Chicago and Los Angeles than moving to those areas. Over the past few years — as remote work became more common — the list of regions losing college-educated workers has grown to include San Francisco and Washington. Many of the people leaving those places have moved to less expensive major metro areas, like Atlanta, Austin, Dallas, Denver, Houston, Nashville, Phoenix and Tampa.

 

By David Leonhardt

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