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The Babylon Bee has a piece up “Gavin Newsom Named U-Haul Salesperson of the Year.”
Mrs. Tabby and I recently cleaned out the house of her late parents near Sacramento. She insisted we not bring much stuff back to our house in north Texas. So we did not need to rent a truck. Everything she wanted to bring back fit into our compact SUV. But moving things got me thinking about moving truck rental.
And I know that social scientists use truck rental rates as a proxy for how many people are moving where. So I decided to check.
For a rental of a 26-foot truck (U-Haul’s largest) to start on October 4, the base rate to take the truck from our town in north Texas to the Sacramento area would be $1,638. But the base rate to rent the same truck on the same day from the Sacramento area to north Texas would be $5,746! The rate from California to Texas is 3.5 times the rate from Texas to California. That says something about the demand by people moving into versus out of California.
Though in fairness to California, when we moved from western New York to Texas in 2018, and even when our son moved from New York to Texas in 2010 to start his Air Force career, truck rental rates from New York to Texas were 2.5 to 3 times as much as rental rates from Texas to New York.
And notwithstanding the desire of many to leave California, 1) several of my Texas neighbors who have previously lived in California and who still have family there are in the process of moving back to California (most cite the desire to be near family), and 2) many people offered what I consider ridiculously high prices for Mrs. Tabby’s parents’ house, indicating many people want to stay in California. The house sold this week to a young family. I don’t understand how they can afford it, but the mortgage lender says they can. The accepted offer was one of 25 offers received within a five-day window after the house was listed.Published in