Monday, December 5 2022

[ad_1]

People leave San Francisco. Since the beginning of the pandemic, which has significantly reduced so many amenities that have long convinced tenants to pay the highest prices for comparatively small living spaces, this flight has been observed in the many moving trucks that criss-cross the city. This has also been shown in the falling median price of one- and two-room apartments – both are going on 21 percent less than what they ordered a year ago. Now another key figure underlines the trend.

According to United States Postal Service data received from Public comment, Change of address requests sourced from San Francisco zip codes between March and November 2020 suggest that nearly 90,000 households have moved outside of the city since COVID-19 in the United States. In the past six months, the USPS received 124,131 inquiries, with only 28 percent listing new addresses in San Francisco. According to the local blog’s analysis, the most popular travel destinations were Las Vegas, Palm Beach County, Florida, Seminole County, Florida, and the Denver metropolitan area.

The exodus is likely due to several factors beyond the coronavirus, including homelessness, rising rents, and relatively high cost of living compared to areas near the city. But the pandemic may have sped some residents’ decision to leave the city early instead of continuing to quarantine in expensive apartments.

The USPS received the most change of address requests in July and August, which coincided with the two largest spikes in California’s COVID-19 numbers up to this month.

Tech-oriented neighborhoods saw the greatest depopulation, with most inquiries coming from zip codes such as Polk Gulch / Nob Hill, Inner Mission, Mission Bay, and SoMa. However, Polk Gulch / Nob Hill was also one of the three most popular areas for the people along with Haight-Ashbury and Lower Pacific Heights. A San Francisco Chronicle analysis The vacancy rate suggests these neighborhoods may attract moving companies due to the recent surge in the city’s housing stock.

An estimated 1.3% of inquiries listed new addresses in California, suggesting a desire to stay in the Bay Area or more northern counties, but perhaps in areas with more room to spread during the pandemic. The most popular destinations were Marin, San Mateo and Alameda counties. A handful of residents also moved to the Contra Costa district and the cities of Sonoma, Sacramento, and Truckee.

[ad_2]

Previous

Oakland University Offers New Specialization in Orthotist and Prosthetist Assistant Studies

Next

The Ilitch family is reviving their first historic Detroit building in 30 years

Leave a Reply

Your email address will not be published.

Check Also