Lower housing costs are another lure for Californians to leave the Golden State behind for the Silver State. Michael Stoll, professor of Public Policy at the University of California, Los Angeles told the Las Vegas Review-Journal, “A large share of mostly younger, middle-aged people are looking to move to Nevada from California to escape the high housing costs.”
Additionally, all kinds of new construction, including master planned communities, is springing up in Nevada. Comfortably livable and affordable communities are forming within Henderson. In sharp contrast, semi-affordable housing developments are under construction in the middle of nowhere in California.
Nevada dreaming is not limited to individuals though. The Review-Journal reported that one large California manufacturing corporation, Haas Automation, has found its expansion turf in Henderson, NV. Haas has been based in Oxnard, but arrived at the conclusion that its 1.1 million square feet of factory space was no longer enough.
Peter Zierhut, vice president for Haas, told the Review-Journal that the company just completed a large land purchase of 279 acres near Henderson for the company’s expansion because Henderson offers a more affordable place for workers to live. It is also a better state for the company when it comes to taxation.
In my opinion the wave of migration from California to Las Vegas to continue in the near future, although it will eventually plateau.