Bay Area exodus leading edge of pandemic housing reshuffle Reuters 2/17/2021
By Howard Schneider
WASHINGTON (Reuters) - Long one of the nation s it destinations, San Francisco was already a land of unaffordable housing before the coronavirus hit, and with the median single-family home price still hovering above $1.5 million even as of December thousands of residents are leaving the Golden Gate city.
Data from high-tech sources like cellphone location trackers to old-school change-of-address forms have started to put some scale around the reversal of fortune the City by the Bay now faces, with anywhere from 1.5% to perhaps 3% of its population exiting for surrounding counties or other states over the past year. Housing prices are beginning to follow suit.
Bay Area exodus leading edge of pandemic housing reshuffle
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Bay Area exodus leading edge of pandemic housing reshuffle
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Bay Area exodus leading edge of pandemic housing reshuffle
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