Investor Real Estate Accounts

For real estate investors to keep track of their properties rental performance and tax information in one place.

This blog covers the general topic of real estate markets.

Covid exodus to Sunbelt

first posted: 2022-06-09 17:29:08.895667

This article by Axos and this one by paint a conventional picture of demographics evolution under covid.


Population leaves NYC, SF and Los Angeles at rates of 3.5% to 2% per year, This is very high (Detroit or Rochester had a typical 0.5% of residents leaving per year in their hard years). At the same time, we see many dynamic cities growing above 4% annualized, with some small cities growing 10% and Cape Coral growing more than 6%.

This is just a continuation of the last 20 years' trend.

As a meta comment about data presentation, we see that presents cities growing fast but does not self-censor itself when by not naming cities losing population. This might be because losing population is associated with losing desirability and lower prices.

Click here to share this on!