Author Topic: Relocations from San Francisco to Texas, Florida jumped between 32% and 46% in 2020  (Read 95 times)

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Offline libertybele

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Those from San Fran can stay put. Also, the article states that they could move back when the pandemic is over.  Really?  And when is that supposed to be?

Relocations from San Francisco to Texas, Florida jumped between 32% and 46% in 2020

Relocations from San Francisco to Texas and Florida jumped by 32% and 46%, respectively, new research shows.

The COVID-19 pandemic accelerated migration across the U.S. in 2020 compared to 2019 but particularly from large, urban areas like San Francisco and New York to Sunbelt Metro cities like Austin, Dallas and Charlotte, according to a study published on March 31 from the CBRE real estate group, citing aata from the U.S. Postal Service.

"At the metro level, the pandemic accelerated several long-standing migration patterns. Net move-outs from high-cost coastal cities increased," researchers wrote in a summary of the study. "Anecdotal evidence suggests that many who left these cities may return once the pandemic is over."..............

https://www.foxbusiness.com/real-estate/relocations-san-fransisco-texas-florida-increase
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