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You are here: Home / Real Estate / Leaving SF?

Leaving SF?

October 13, 2022 By Geoffrey Disch Leave a Comment

According to data from the American Housing Survey as reported in the San Francisco Chronicle, a whopping 18 percent of residents in the San Francisco metropolitan area are considering leaving their homes in the next year or so. Of these, 8 percent say they would move to another city. Only Seattle, with 7.3 percent considering leaving the city, was close to San Francisco’s numbers.

San Francisco lost over 55,000 (close to 6 percent) residents during the pandemic – the highest of any city in the country – after over a decade of population growth.

While the survey did not ask why residents are considering leaving, the usual reasons apply: the high cost of living, an acute housing shortage, and the ability to work remotely in roomier, more affordable homes.

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Filed Under: Real Estate Tagged With: leaving San Francisco

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