4 Stocks That Will Get Hurt From Reverse Migration

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Expect an exodus from California and the Rust Belt states of Wisconsin, Michigan, Ohio, the Lake Erie region and western Pennsylvania to ensue over the next decade. Of course, this phenomenon has already begun, and it will be a secular trend as failing local governments and the decline of manufacturing in these regions will force the 40-and-under population to seek opportunities elsewhere.
That is not all. Pre- and early- Baby Boomers sold houses in the North and moved en masse to Inland California, Nevada (Las Vegas), Arizona and Florida or what I call CaliLavaFlo. The building boom in those states then attracted many younger couples and families with the hope of the next economic boom from the burgeoning housing market and migration to those states. All of those hopes were dashed in 2008. By 2010 those people stated turning tail and heading back where they came from. This reverse migration will continue.
A shift east and southeast will take place. Our population will not decline in the aggregate. It will still grow from births and immigration. We will see the Big Move shift populations so that current large metropolitan areas (New York, Boston, metro D.C., Philadelphia, Atlanta, Miami, Houston, Dallas) get even bigger. I think Chicago is a wild card, but Obama won't let his hometown down. Utah, and particularly Salt Lake City, is a fast-growing region that could emerge on the scene as a major metropolitan area in the next two decades.

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