Nearly 158,000 people relocated to Nevada from California since 2020, making up 43 percent of all new residents to the Silver State during the past four years, according to data from the Nevada DMV.
The largest percentage of new residents are millennials from California, but the aging baby boomers cohort into account. One of the main reasons some people come from California is they’ve retired and want to escape the taxes. When they sell their houses, they have this huge equity they can take out and come buy a house in Las Vegas at a much better price.
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