U-Haul truck costs 19 times more to drive from SF to Phoenix than to drive that same truck back to SF
For decades — since about 1992 — there’s been an annual net outflow of people from California to other states. As a result, it’s always cost much more to rent a U-Haul from a CA city to some other state than to rent that same U-Haul on the reverse trip. Over the years, I’ve found that driving a U-Haul out of the Golden State can cost 2 to 4 times more than driving that truck back into CA.
But now in the San Francisco region, that ratio has exploded to a 19 to 1 difference. Here’s the latest (2/2019) U-Haul figures. Kudos to Economics Professor Mark Perry for providing this information on his blog.
http://www.aei.org/publication/thursday-afternoon-links-31/?