Net migration sees bigger drop than in the past.
San Diego County had a tough time keeping its residents — and attracting new ones — last year, according to updated population data being released today by the U.S. Census Bureau.
Mark Goldman, a loan officer and real-estate lecturer at San Diego State University, said this could have a negative impact on businesses looking to fill positions with recruits from outside the county.
“(Employees) may not be able to enjoy the lifestyle that they could at a different job, even at a lower wage, because housing and the cost of living is so high here,” Goldman said.
However, Goldman said San Diego’s cost of housing and its unusually negative net domestic migration might not be a cause for concern yet, especially when the number is put into context with the county’s total population of nearly 3.3 million.