Where Are These People Going?
I recently read an article indicating a recent survey of 1,000 people, 34% of them said they would be leaving the Bay Area. This survey was conducted by the Bay Area Council. The reasons for the exodus – home costs and traffic, which to those folks indicate the quality of life in the San Francisco Bay is going down.
While this is true, while people are leaving more people are arriving. And yes home prices are escalating as is the traffic. Yet the demand for housing is still relatively high and until the supply meets the demand, it is likely the prices will continue to rise. Yet (my opinion only) the Bay area has so much to offer. We are close just about everything and our weather is hard to beat.
So, I wonder, where are these folks relocating to that has as much to offer as the Bay Area?
Filed under: Real Estate
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