Businesses Move South During Downturn
Submitted by Jerry Cohen on Sat, 06/13/2009 - 13:26
If you subscribe to the Wall Street Journal, you might want to check out an interesting article I read. Titled
"Southern States Poach Businesses Amid Downturn," it confirms that the South is continuing to benefit from corporate migration out of the more expensive states.
The title is a little misleading, however, because California is one of the high-cost states that is losing businesses to the traditional South. Regardless, this continuing migration is a big part of the reason that housing markets in the South, where EquityBuild operates, remain strong.
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