Laura Newman, a native New Yorker, moved to Alabama in 2017 to escape the Big Apple's high cost of living and achieve the American dream of owning a business.
A native New Yorker had to leave her home after the city's skyrocketing cost of living had made it impossible for her to achieve the American dream of opening her own business.
Some major cities were already struggling with an exodus of residents, but faced even larger population declines during the COVID-19 pandemic. New York City, for example, lost over 100,000 residents from 2017 to 2022, according to the U.S. Census Bureau. MyEListing.com, an online real estate portal, studied IRS migration data and found that New York experienced the second-biggest drop next to California in 2021 IRS tax revenue due to residents moving.
loved growing up in New York,' Newman said. 'I consider myself so lucky to have grown up there but if I decide to have children… I couldn't afford to raise them in New York. I would love to, but I wouldn't be able to afford to.' CLICK HERE TO GET THE FOX NEWS APP Newman told Fox News Digital her friends and family keep asking when she will move back to Manhattan. 'I'm still not 100% sure I would move back even if I didn't have the bars,' she said.
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