The Market Tectonics of California Real Estate
Some residents have left the state, but many others have just moved out of big cities in search of more space and lower prices, creating hot spots in the suburbs and the once-sleepy exurbs.
Jameel Khalfan and Shikha Mittal moved from their high-rise apartment in San Francisco to a house with a backyard in the small city of San Ramon in October 2020. After working from home with their daughter and her nanny both at home, they realized they wanted more space than their two-bedroom city apartment could offer.Credit...Jim Wilson/The New York Times