According to the Census Bureau data, for the year ending July 1, 2022, 343,000 California residents left the state. However, 106,000 births and 125,700 net international immigration  resulting in a net loss of 113,000. Meanwhile, Texas grew by 470,00, Florida by 416,000 and North Carolina by 133,000.  Of course, with our limited water supply and…Read More→

In the October 21, 2022 San Francisco Business Times article, 20 cities were mentioned that will pay folks to pack up and move to their city. Here are a few examples, and the incentives range from giving you a discount on buying a home there, unlimited golf membership, free use of co-working spaces, free fitness…Read More→

Updater is a relocation app that helps Americans with various tasks that come up with a relocation, such as hooking up to Internet, getting your mail forwarded, updating your various records, etc. They track who is going where in the U.S.  From migration analysis of 300,000 moves, less folks are leaving San Francisco than in…Read More→

The Bay Area Council surveyed 1,000 voters and 47% said they might leave the bay Area over the next few years. Of that group, 88% said they would leave California, The respondents citing high taxes, the high cost of living and housing costs doubled over the past few years. Texas, Arizona and New Mexico were…Read More→

According to George Avalos, business reporter for the East Bay Times, “California’s job market should outpace the nation’s employment performance during 2021 – but remain two years away from climbing  back to the record job totals the state reached in early 2020” according to the UCLA Anderson Forecast just out. Also, the report cast doubt…Read More→

In 2020 Austin, Texas saw a 5.8% year-over-year job growth, Boise Idaho enjoyed a 2.9% growth, Dallas 2.8%; Seattle 2.35; Denver 1.7% and Nashville 1.2%, which on the other side of this equation San Francisco and San Jose each lost 2.6% of their jobs in the finance, information and professional services catagories…I’ve heard stories of…Read More→

  It is bad enough that San Francisco Bay Area corporations are putting leased space on the sublease market, packing up and moving part of their operations to Texas or elsewhere, but when major companies begin putting their office campuses on the ‘for sale’ market this is a much more serious sign of what might…Read More→

  A number of large office users have delayed the return to their offices until mid-2021, while others have told their employees they can work remotely permanently. Facebook and other major players have allowed their employees to relocate to lower-cost regions, some taking a pay cut but still saving substantially over their previous San Francisco…Read More→

According to SocketSite, which tracks the San Francisco rental market, year-over-year apartment rents were down 20S%. The Bay Area regional planning agency, The Metropolitan Transportation Commission, is considering a mandate that large Bay Area employers have 6-% of their work force permanently work from home. Reported in today’s  East Bay Times, ‘Significant increases in available…Read More→

  Something for employers to caution employees who are thinking of moving to a lower-cost state but continuing to work remotely. In an article in the New York Times, there are some states that will tax your income based on where you did the work, and others based on your residence, and it is possible…Read More→

On the day Pinterest announced paying $89.5 million dollars to cancel a 490,000 square foot office lease they had previously signed for a project that was going to be built in San Francisco’s South of Market, due to a change of where employees would be located, developer Jay Paul announced it is going ahead with…Read More→

In an article titled “Wealthy Millennials are leaving these states – and moving to these instead,” I had fully expected to see California at the top of the list of states folks were fleeing from, but was surprised!  Based on data provided by the IRS from the 2015 to 2016 tax year, a June 2019…Read More→