LA residents moving east despite lack of jobs
LOS ANGELES (AP) -- New Census Bureau estimates reveal that Los Angeles County is losing tens of thousands of residents to the eastern counties of the Inland Empire despite the area's staggering unemployment rate.
The Los Angeles Times reported Sunday (http://lat.ms/1bK3u0c) that the migration accounted for the nation's biggest net county-to-county movement from 2007 to 2011.
According to the Census data roughly 35,000 more people moved to the Inland Empire from Los Angeles County than the opposite direction. The migration occurred as Riverside and San Bernardino counties lost 144,000 jobs
Economist John Husing says the gulf in housing costs continued to be a powerful force drawing moving vans eastward, where the median price for a home is more than $200,000 less.
Information from: Los Angeles Times, http://www.latimes.com