Voting with your feet - Chicago

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Another one leaves - from The Western Journal:

Chicago's Wealthiest Man Pulls His $22 Billion Company from the City Following Crime Complaints, Will Relocate to DeSantis' Florida
Chicago’s wealthiest man is saying farewell to the Democrat-governed state of Illinois.

Hedge fund billionaire Ken Griffin is moving his company to the state of Florida.

Griffin, whose net worth is almost $29 billion, announced that he had personally moved his residence from Illinois to the Republican-governed Sunshine State in a Thursday letter to his employees.

Griffin said that Florida would become the new primary home of his company, Citadel Securities. The investor touted Florida’s business environment.

While he didn’t reference crime in his letter to employees, Citadel officials said that it was a factor in the move.

They do not say which city in Florida but just for the hell of it, let's use Miami. 
Time for another UHaul Index - Chicago to Miami and back again:

20220624-uhaul01.jpg

20220624-uhaul02.jpg

Yep - $903 more to rent a 10' box truck. More of them are leaving Chicago than Miami. And do not forget that this only looks at the subset of people who do their own moving in a rented truck. It ignores those who hire it out and those who move in a personal vehicle.

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This page contains a single entry by DaveH published on June 24, 2022 8:13 PM.

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