Posted on 04/08/2021 6:58:33 PM PDT by blam
San Francisco residents are abandoning the city in droves, with a large number leaving to Texas and Florida, according to a report released Thursday by the commercial realty firm CBRE Group.
The city lost the most residents out of every major city between 2019 and 2020, with 70 percent moving to nearby Sacramento, according to data that was gathered from the United States Postal Service records through a Freedom of Information Act request.
Moves to Texas increased by 32.1 percent and to Florida by 46.2 percent.
"Many of the most ambitious people on the planet have lived here," investor Keith Rabois, who recently moved from California to Florida, told Business Insider. "But post-COVID, I think the concentration of talent has atrophied, perhaps permanently."
Many people left the Bay Area during the coronavirus pandemic, many in the tech industry who did remote work were offered a chance at residing in other towns — as many as 89,000 households moved out of San Francisco between March and November 2020.
"The pandemic came just as the bulk of the large and increasingly affluent millennial cohort had reached prime family formation age," the report explains. "Consequently, millennials had been trending toward more suburban residencies even before COVID-19 came on the scene."
Residential rents in the city were down 27 percent from a year ago in January, according to a report from Apartment List, with median rents at $1,992 for a one-bedroom apartment and $2,305 for a two bedroom.
New York is another city where residents are eyeing an exit after state lawmakers on Thursday passed a budget that will increase the personal income tax on the wealthiest New Yorkers and corporations to generate more than $4 billion in revenue.
''When wealthy people don’t like something, they don’t protest, they just leave''
(snip)
(Excerpt) Read more at newsmax.com ...
Yes, indeed.
I suggested in another thread last week that Texans should refuse to sell property or employ anybody from California unless they want to become “Californianized”. One FReeper in particular was butthurt, yet that is the only way I see conservative states remaining red.
> Texas and Florida are headed to Blue State Hell. <
Yep. Red states turn blue. But blue states never turn red. I wonder if a GOP candidate could even be elected as dogcatcher anywhere in the U.S. 20 years from now.
Yes!
Was just there two weeks ago and the place is still boarded up.
Awful
Homes in Scottsdale are selling before they are listed.
Its like an infected appendix that has burst, poisoning the whole body.
Reno / tahoe , washoe county is ridiculous
I hope these people leave their gosh damn politics back in SF.......
<< So Texas and Florida will be Californicated. >>
Following in the footsteps of AZ and CO.
“with 70 percent moving to nearby Sacramento”
Ah. So that explains why the homeless population has blossomed along the freeways of Sacramento with graffiti, trash and garbage everywhere. Poop and needles on sidewalks soon to follow.
Let them foul up Sacramento along with the California legislature but keep them out of Texas and Florida
Build the wall!
Only Leftist politicians and turd burglars will remain...but I repeat myself?
My friend is moving from SF in October for Prescott Valley AZ; she has to wait for her home to be built.
She might be the last SWF Trump voter left in SF.
Maybe it’s the smell.
Well hello there
Thirteen percent of registered San Francisco residents are republicans. Trump also got 13 percent of the vote last year, here.
There is a San Francisco GOP. some good people too. Yes we are pushed into more socially liberal ways but still us socons are allowed/welcomed.
I have known twelve adults well enough to know how they vote who have moved to Texas in the last several years, mostly from California.
One is a Bernie bot. The rest vote republican, some with a libertarian influence. Texas was improved overall.
Like cancer cells.
We left more than a decade ago and I feel validated every year that goes by. Soon it will only be Uber wealthy liberal dbags and street people. The middle and working classes have been gutted, and the historic black neighborhoods were gentrified years ago (mostly by Asians)
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