3 ms·
Rents might have hit a limit with the lower half of incomes of the area. I've read some articles that mention that california is losing a lot of people.
by conanbatt 9y ago
Rents might have hit a limit with the lower half of incomes of the area.
I've read some articles that mention that california is losing a lot of people.
- seanmcdirmid 9y agoPeople are always leaving California, yet every year it gains in total population. As Yogi Berra said, "Nobody goes there anymore. It’s too crowded."
- jessaustin 9y ago"Bay Area is top region for outward migration in the U.S." https://www.sfgate.com/expensive-san-francisco/article/Bay-Area-outward-migration-exodus-sf-redfin-12563337.php https://www.sfgate.com/expensive-san-francisco/article/Bay-A...
- seanmcdirmid 9y agoYes, it would lose population if it wasn't also a top region for inward migration from outside the US. Growth is definitely slowing down (housing has a lot to do with that), but I don't think we will see actual falls until the next decade.
- jessaustin 9y agoThat's a short article, and it describes "actual falls" already in progress. It claims that last year the net outflow for SF was 2,332 down from net inflow of comparable absolute value only five years ago.