Volatile financial markets are leading high net worth individuals to leave New York and New Jersey in droves. Last year, the region encompassing New York City, Jersey City and Newark lost more than 5,700 individual with liquid assets of $1 million to $30 million, the North Jersey Record reported. The exodus is thanks to turbulent financial markets and changes to federal and state tax laws. “The folks that technically can afford to live here are […]
source https://therealdeal.com/2019/01/26/why-millionaires-are-fleeing-nyc-and-new-jersey/
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