By 2040, the entire Bay Area is expected to add an additional 2.1 million people to the region, but building additional housing remains a tough sell.

Will the last one to leave please turn the lights off? Oh, I forgot, that is what PG&E has been doing…The San Francisco Business Times 11/8/2019 edition reported that we had 691,000 folks leave California last year and only 501,000 new people migrating into California. Folks coming in are from Washington, Texas, New York, Arizona…Read More→

I was just mailed a marketing piece from the California Madera County, Economic Development Commission, and a few interesting facts: In 1990 California’s population was only 29,950,000 and now it is 39,927,000, a 10 million growth in less than 30 years! No wonder our housing hasn’t caught up. The average home price in 2018 in…Read More→

Governor Gavin Newsom “recently criticized Tennessee, which is an increasingly popular destination for Bay Area businesses and residents.  “I see that we’re CEO magazines ‘worst place in America to do business’ and yet our GDP growth outperforms every one of those other states they highlight,” Newsome said, citing California’s strong economic growth averaging 3.8% in…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→

Google has plans to build 5,000 homes on its Mountain View property and 9,850 housing units at its future North Bayshore property … “Live, work, play and stay”. Bishop Ranch plans to build 478 apartments within its business park. Facebook plans to build 1,500 housing units at its Willow Campus in Menlo Park. (The Registry,…Read More→

I am so glad we’re building new freeways and additional Transbay bridges and BART tunnels … NOT! Yet there is a huge push to build hundreds of thousands of new homes in the Bay Area to accommodate the hundreds of thousands of new tech jobs. In just one submarket, San Francisco’s Central South of Market…Read More→

“Of the Bay Area residents who are still here, nearly half of those surveyed recently said they plan to move out of the region in the next few years, according to a poll released in June by the Bay Area Council.” (Bay Area News Group, July 15, 2018) Folks are leaving in droves, selling their…Read More→

In Site Selection on January 2018 California was either at the top or near the bottom ranking for various economic and business benchmarks. Out of 50 U.S. States, California was #1 in Higher Ed. R&D Expenditure, #2 in Information Technology and Innovation, but #48 in Business Tax Climate and #47 in lowest cost of electricity….Read More→