The article only briefly mentions it but I think it's equally interesting how this will affect real estate prices, rents. Because that's plaguing NY and California as well (but I don't have to tell you this).
I moved to TX to avoid state income tax. My sharing of this article might be pure confirmation bias...but then again: https://www.wsj.com/articles/so-long-california-sayonara-new-york-1524611900 …
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It definitely will, but it will also affect different types of real estate differently. For example, on the super high end this may not matter because those guys aren't paying NYC taxes anyways. Of course there are other things at play, see my retweet of tokyo real estate prices.
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One of the big reasons I'm in New Hampshire and not Maine or Mass
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