Friday, April 03, 2009

More might go -- if they could

More might go -- if they could
"As bad as Michigan's exodus has become, it could be even worse if thousands of frustrated homeowners like Owens could leave. Residents trying to escape Michigan's hard times today are finding their path to the border more difficult than those who left in recent years. Jobs in other states, plentiful through much of Michigan's recession, are drying up. And those who find jobs elsewhere often struggle to sell their Michigan homes.
About 109,000 more people left Michigan in 2008 than moved in, quadruple the number from the beginning of the decade. Dana Johnson, senior vice president and chief economist for Comerica Bank, says that number represents only a portion of the people who want to leave."

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