POLITICS

Many people are leaving the Bay Area, so where are they going?

January 20th, 2021

SAN FRANCISCO (KGO) -- We know a lot of people have left the Bay Area during the coronavirus pandemic. Many in the tech industry especially have left, as most of these jobs can be done remotely.

Now we're learning where they're going, as some cities set up recruiting programs to lure workers.

According to move-Buddha, a site that compiles data on moving, the first pick for people leaving San Francisco is Austin, Texas.

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That is followed by Seattle, New York, Portland, Chicago, and Denver.

This decrease in population has had impacts on the housing market, resulting in a decrease in average rent costs.

According to Zumper, San Francisco had the biggest drop for a one bedroom apartment in the entire country. Rents are down 23% as of two weeks ago. Oakland is down 19% and 15% percent in San Jose.

Curated By

Kaito Tanaka
Strategic Innovation Consultant | Technology Investment Analyst | Operations Research Director
Kaito Tanaka is a futurist journalist who approaches news through the lens of optimization and efficiency. Specializing in cutting-edge technologies like CRISPR, robotics, and supply chain innovations, he distills complex developments into their most actionable insights. Known for his clinical analysis style, Kaito cuts through traditional narratives to identify systemic inefficiencies and opportunities for progress. His commentary reflects a pragmatic worldview where sentiment yields to solutions, and every story is evaluated based on its potential to advance human capability. When he's not tracking breakthrough research, you'll find him optimizing his own workflow or planning his next travel adventure with mathematical precision.

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