JOSE (KPIX 5) – The number of people packing up and moving out of
the Bay Area just hit its highest level in more than a decade.
Dabak spent 40 years living in San Jose and now she’s part of the
mass exodus that is showing no signs of slowing down.
retired engineer’s packing up and calling it quits about to move to
the state of Tennessee.
loved it here when I first got here. I really loved it here. But
it’s just not the same,” Dabak said.
course people come and go from the Bay Area all the time, but for
the first time in a long time, more people are leaving the Bay Area
than are coming in. And the number one place in the country for
out-migration is now, right here.
Hancock with Joint Venture Silicon Valley said, “Silicon Valley has
been this place that is growing. And it was mostly due to people
relocating here and relocating from other parts of the world. That’s
Venture Silicon Valley’s own study of the out-migration says workers
are moving to Sacramento, Austin, and Portland due to a number of
factors. But topping the list is the high cost of housing.
can’t even contemplate getting into the housing market here,”
Hancock said. “And I don’t mean just service workers, but highly
skilled professionals. The tech elite are having a hard time
affording reasonable housing in Silicon Valley. That makes it
difficult for employers to recruit.”
of a San Jose U-Haul business say one of their biggest problems is
getting its rental moving vans back because so many are on a one-way
ticket out of town.