Please ensure Javascript is enabled for purposes of website accessibility
California Exodus Makes Moving Trucks Hard to Find. Scammers See Opportunity.
News
By News
Published 5 years ago on
November 15, 2020

Share

[aggregation-styles]

Record numbers of residents have been leaving California in recent years, but in 2020 the growth of remote work, the lure of cheaper housing and a summer of unprecedented wildfires has accelerated the trend. As a result, the moving business is booming, but the surge has come with its own set of problems.

Moving trucks are hard to find, prices to get out of places like the San Francisco Bay are being pushed sky-high, and the supply side of the market – with high starting costs and because movers are required to obtain state licenses – has been slow to respond.

The shortage has created openings for an underground moving economy complete with scammers who take advantage of desperate California escapees, left without easy options.

“Two households are moving out of California for every one moving in,” says Mark Perry, a professor of economics and finance at the University of Michigan who has been studying the US migration market over the past few years.

The high demand and high prices have created perfect market conditions for exploitation. Scammers are cashing in.

Read More →

RELATED TOPICS:

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

UP NEXT

Rise of the Anti-“Woke” Democrat

Trump to Pardon Reality TV’s Todd and Julie Chrisley After Tax Evasion Conviction

6 hours ago

Westlands Leader Calls Slight Water Boost ‘Disappointing’

7 hours ago

High School Dropout to Five Decades in Congress: Charles Rangel Dies at 94

NEW YORK — Former U.S. Rep. Charles Rangel of New York, an outspoken, gravel-voiced Harlem Democrat who spent nearly five decades on Capitol...

5 hours ago

Charles Rangel Obituary
5 hours ago

High School Dropout to Five Decades in Congress: Charles Rangel Dies at 94

Sean "Diddy" Combs stands as he is arraigned on a superseding indictment ahead of his May trial on sex trafficking charges, in New York, U.S., March 14, 2025, in this courtroom sketch. (REUTERS/Jane Rosenberg?/File Photo)
5 hours ago

A Former Aide Says Sean ‘Diddy’ Combs Kidnapped Her in a Plot to Kill Kid Cudi

5 hours ago

RIP Local Broadcast Legend Marv Allen, 80, Longtime Voice of KVPR

Todd Chrisley (2nd L) speaks next to his wife Julie (L) and their kids Chase and Savannah at a panel for the USA television series "Chrisley Knows Best" during the Television Critics Association Cable Summer Press Tour in Beverly Hills, California July 14, 2014. REUTERS/Mario Anzuoni/File Photo
6 hours ago

Trump to Pardon Reality TV’s Todd and Julie Chrisley After Tax Evasion Conviction

7 hours ago

Westlands Leader Calls Slight Water Boost ‘Disappointing’

U.S. Senator Tommy Tuberville (R-AL) speaks at the Conservative Political Action Conference (CPAC) annual meeting in National Harbor, Maryland, U.S., February 22, 2024. REUTERS/Amanda Andrade-Rhoades/File Photo
7 hours ago

Republican Tuberville Announces Bid for Alabama Governor

Residents walk by power grid towers at Bair Island State Marine Park in Redwood City, California, United States, January 26, 2022. REUTERS/Carlos Barria/File Photo
7 hours ago

PG&E Sees Surge in AI Data Center Interest With Fresno Area Emerging as New Hotspot

Salesforce Tower in New York
8 hours ago

SF-Based Salesforce Is Buying Informatica in $8 Billion Deal

Help continue the work that gets you the news that matters most.

Search

Send this to a friend