46 Percent of Bay Area Residents Likely to Leave

A new poll by he Bay Area Council reveals that 46 percent of Bay Area residents surveyed say they are likely to move out of the area in the next few years. Last year the percentage was 40, in 2016 it was 34 percent.

Not surprising the continuation escalation of housing costs is the main reason for the desire – or need – to leave. The median price in the area is now $850,000 — up 13 percent from a year ago.

Fifty-five percent of those residents polled in the survey said they believel the Bay Area has “gotten pretty seriously off on the wrong track,” up significantly from 42 percent just last year.