April 3, 2017
A growing number of people are considering leaving the Bay Area, compared to a year ago. The percentage of residents indicating they may relocate out of the region in the coming years increased to 40% in the latest poll conducted by the Bay Area Council. In 2016, the intent to move stood at 33% of residents.
The relocation theme is underscored by a high number of Millennials (46%) who signaled they’d like to leave. The Bay Area Council says that runs counter to the common belief that younger adults want a “hyper-urban environment.” The group says they really want a house with a yard near work, similar to what their parents had.
The primary causes of the escalating discontent are traffic and skyrocketing housing costs.
For comments, questions or concerns, please contact Dennis Kaiser