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The Real Reason People Leave California For Texas

Josh Barro   

The Real Reason People Leave California For Texas
Thelife1 min read

Rick Perry has been touring the country, urging companies to move to Texas for low taxes and business-friendly regulation.

Perry's right that Texas has been growing like crazy, adding jobs and population even at a time when the national economy has been weak.

But he's not exactly right about why.

I sat down with Jed Kolko, Chief Economist at Trulia, to discuss the biggest reason people move from California to Texas: cheap housing.

Watch below.

Produced by Justin Gmoser

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