The desire for affordability appears to have been one of the driving forces behind Californians' exodus from the state over the last decade, as many relocate to surrounding states where homeownership may be more within reach, according to new studies.
This sentiment has been echoed in headlines and by politicians as younger Californians struggle to become homeowners, driving many to seek new housing opportunities elsewhere.
A study published by the California Policy Lab found that Californians who left the Golden State were "more likely" to become homeowners within seven years of moving than their counterparts who stayed.
This was largely due to the lower costs of the new neighborhoods.
"Many Californians who move out of state relocate to significantly more affordable communities and often see higher rates of homeownership," the study reads.
