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 ...
>>, with a large number leaving to Texas and Florida,
So goes the nation
>> many in the tech industry who did remote work were offered a chance at residing in other towns
Big Tech would love to change the national political tilt
Human locusts is what they are.
The virus spreads.
So Texas and Florida will be Californicated.
First the China Pandemic.
Now the California Pandemic.
New York, too, people escaping the Zoo.
They used to leave in BMWs and Mercedes but if they prefer Droves now, let ‘em.
The Sacramento real estate market is white hot.
How about if we require a leftardation passport, to ensure that they are not halfwits?
Don’t San Francisco up my Florida!
Jesus
Dont let them in
They will destroy wherever they fester
I’ll bet it’s hard gettin’ out without steppin’ in piles of human sh*t. You can sure screw up a new pair of shoes in a heartbeat. Pelosi sidewalks.
Texas and Florida are headed to Blue State Hell.
There is no objective reason to live in a place like Sacramento. :)
San Francisco--Tommy Dorsey (1936)
See, see! Trump’s racist tweets again!
Good news.. but the fools will probably destroy Florida and Texas with their liberal voting habits.
Each liberal who moves to those states tend to be canceled by the vote of a conservative retiring in their new homes.
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