San Francisco Residents Are Leaving at an Unprecedented Rate
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Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#2Per the article, this is based on an analysis of 1,200 searches done on their platform. It seems like a stretch to use those figures to reach conclusions for a city of over 800,000 residents.
Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#3As soon as COVID is over we're out.
Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#4As soon as COVID is over we're out.
Where are you going?
Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#5A friend considered it after graduation. 3500 a month for a place in rent.
Eventually even with tech salaries that doesn’t make sense. He went to Seattle.
Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#6anecdotal, but I know some young folks who are planning to pack it up and head out after their contractually obligated time is over and their lease is up.
My younger sibling, like many, is very annoyed that their early years of marriage without kids/california adventure is mostly being stuck in a 800 sqft apt and occasionally walking the dog. They love the bay, but having the small apartments combined with quarantine has got them reevaluating where they are and how their lives might look for the next $time while we figure out covid-19 as a country/species.
edit: my bad of the soft/sqft typo. seems my brain was trying to split the different between small and sqft and flubbed the landing.
Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#7I know this is hacker news nitpicking, but moveBuddha is incredibly disrespectful name for a company to actual buddhists.
Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#8> last year, there were 980 move searches involving the Bay Area [in the same time period]
This is microscopic data to make any sort of claim about migration patterns. I live in Denver, and read a similar article a few years ago (more people were moving out than moving in). Didn't seem to have much of an impact on housing prices or the job market, because it wasn't a sustained, significant trend.
Re: San Francisco Residents Are Leaving at an Unprecedented Rate
#9I think a lot of is is also that if you are going to be WFH for the next several months, you can save a lot of money by no longer paying San Francisco-level rent. I know if my lease were expiring now I would not be living here until my job started telling everyone to come back to the office. I feel like that's going to have a much bigger effect than VC funding