“Net domestic migration” is a handsome phrase. It’s got a real ring to it, like “warm southern breeze” or “mom’s meatloaf.” Business owners love it. States love it. Cities do, too. It’s great for real estate owners as well.
The population growth of every U.S. state, county and city is determined by:
* Total number of births
* Total number of deaths
* Total number of immigrants from other countries
* Net domestic migration
All four of these components have important social implications, but I view net domestic migration as a key barometer of the economic viability of a city or a state.
Read more...States Love ‘Net Domestic Migration’ | the Blog of the Real Estate Center