- According to the San Francisco-based Public Comment site, 89,000 households have left San Francisco since the coronavirus pandemic began.
- Public Comment worked with the United States Postal Service to track requests for a change of address between March 1 and November 1, 2020.
- The data showed that 124,131 households requested a change of address during this period, with at least 34,803 of those requests being made to move to a different San Francisco neighborhood.
- This means that a total of 89,328 households have left the city. Those who left the country moved to Las Vegas, Florida, the Denver area, and a city near Portland, Oregon, according to Public Comment.
- You can find more stories on the Business Insider homepage.
89,000 households have moved out of San Francisco since the coronavirus pandemic began.
This is according to the San Francisco-based Public Comment website, which worked with the United States Postal Service to track requests for a change of address between March 1 and November 1, 2020.
The data showed that 124,131 households – that could be an individual, couple, or family – requested a change of address during the seven-month period, with at least 34,803 of those requests, or 28%, requesting a move to a different neighborhood within San Francisco. The USPS did not include data on zip codes with 10 or fewer requests, so this amount could be higher, according to public comment.
However, the data shows that a total of 89,328 households have left the city.
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Some households moved to neighboring areas such as Marin County and Oakland. For those who completely decamped the Bay Area, they spread to cities across the country. According to Public Comment, Las Vegas was the # 1 travel destination, followed by Palm Beach County, Florida; Seminole County, Florida; the Denver area; and Beaverton, Oregon, a city west of Portland.
San Francisco was a metropolitan area that was hardest hit by the secondary effects of the pandemic due to its high rents, house prices, and cost of living. As offices closed and employees worked from home – some permanently – the need to live in an expensive city diminished.
Other dates have shown an exodus from San Francisco. According to an August Zillow report, the housing stock in San Francisco is up 96% year-over-year, meaning roughly twice as many homes are available for sale this year than last year. At the same time, rents for studio apartments are falling: Real estate agent data from October showed that the median rental price in the city has fallen by 30% since then last year.
Continue reading: The tech elite is leaving Silicon Valley in droves for “monoculture” and high taxes – this is where it goes
The exodus from San Francisco may be due, at least in part, to the fact that some tech companies are closing their offices and no longer having to live nearby. In August, the anonymous chat app Blind interviewed 3,300 technicians about life in the Bay Area at the workplace. The survey found that 15% had already left the area and 60% said they would leave if they could.
Companies like Twitter and
have said that their employees may work from home permanently, and Facebook allows employees to work remotely full-time with their manager’s permission. And Stripe is even an incentive for employees to move: employees will take a cut in salaries for leaving New York, San Francisco, or Seattle, but they will also reportedly receive a one-time bonus of $ 20,000 for moving.
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