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"Hordes Of Americans Are Moving To Mexico
To Escape Crazy Rising Prices In America"
by Epic Economist
"Times are changing incredibly fast, and the immigration trends that led millions of people to cross the U.S. border in the search for a better life are now reversing as the cost of living in America reaches the highest level in over four decades. Now, it’s the Americans who are crossing the Mexican border looking for better living conditions, affordable housing, and lower gas prices. With each passing month living expenses hit new record-highs, and thousands of people out there are doing everything they can to escape the oppressive inflation that has been plaguing the U.S. economy.
Typically, when we talked about immigration in America, we usually envisioned hoards of people coming from poverty-stricken countries crossing our southern border in the pursuit of a better quality of life. But economic conditions have deteriorated so rapidly over the past few years that now, Americans are actually leaving the country by the thousands simply because they can no longer afford to maintain their living standards in the U.S. as the price of virtually everything continues to soar.
The increasing popularity of remote working is allowing many Americans to be employed in the U.S. while living in Mexico, where everyday expenses tend to cost quite a bit less. According to a recent report, thousands of Californians are fleeing to Mexico in the search of a cheaper lifestyle, while others are already living in Mexico but commuting to work in the U.S. every day, given that the cost of living in the golden state is rising much faster than wages can keep up. “Many feel forced out by rocketing inflation in California, that has gas, grocery, and living costs soaring,” the report highlights.
The hunt for homes in the region has started to become quite intense. In fact, one real estate agent in the area revealed that at this point about 50 percent of his customers are actually Californians.On average, the monthly rent of a one-bedroom apartment in Mexico can be as low as $430 per month. In contrast, the average rent in San Diego can be as high as $1,500 per month. That’s one of the reasons why about 280,000 people left California last year. The state’s population declined again in 2021 for the second consecutive year, officials reported in May.
And this immigration trend is expected to gain force in 2022, as the U.S. inflation rate rises closer and closer to the 9 percent mark. Last week, the national average price of a gallon of gasoline hit $5.00, and since then, the largest price drop was of mere 6 cents. On the other hand, in May, gas prices saw a gain of 58 cents, breaking all-time records 33 times in a span of just 35 days.
When we consider that the price of a gallon of gas used to be just 36 cents in 1970, we realize that the latest increases are extremely shocking. In essence, it means that today, Californians pay 20 times more for gas than they did five decades ago.
Over the past two years, we kept pumping trillions of fresh dollars into our financial system. And eventually, a day of reckoning would have to come, and now, we’re here. We’ve been warned over and over again that there would be very serious consequences. Sadly, it was just a matter of time before the laws of economics caught up with us."
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