Repelled by rampant crime, high taxes and exorbitant housing costs, financial firms managing $2 trillion in assets have left New York and California for Texas, Florida and other Sun Belt states where the cost of living is as much as 40% cheaper, Bloomberg reports.
Read more: https://www.newsmax.com/finance/streettalk/financial-firms-new-york-california/2023/08/22/id/1131596/
