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Owning a home is 48 percent more likely after a person leaves California. That’s according to a new study from the California Policy Lab at UC Berkeley. It says Californians who left the state between 2016 and 2025 moved to areas where the median home price was 396-thousand dollars. That’s an average cost decrease of 48 percent compared to their previous neighborhoods. Monthly housing expenses like taxes and insurance also fell from an average of nearly 24-hundred dollars in California to about 17-hundred dollars in other states. Renters who left the state saw their monthly payments drop by about 30 percent.
