Research: San Francisco misplaced essentially the most residents of any main metropolis in america
Large numbers of San Francisco residents have moved out of the city in the past two years, and significant numbers of them have moved to more conservative areas of Florida and Texas, new data shows.
What are the details?
Of all major U.S. cities, the home of Democratic House Speaker Nancy Pelosi, California, topped the charts for the loss of most residents in 2019 and 2020. This is according to a study conducted by the CBRE Group, a Dallas-based commercial real estate company.
The study found a whopping 18 residents per 1,000 left the city in 2020, doubling the rate of 9 residents per 1,000 in 2019. The mass exodus from San Francisco was clearly part of a trend in recent years, when several other liberal metropolitan areas such as New York City, Boston, and Seattle followed suit.
Business Insider found that the majority of residents who left San Francisco ended up in other areas of California like Sacramento, but a sizable fraction of them ended up in redder states like Florida and Texas across the country.
“The number of people who moved to Texas from San Francisco from 2019 to 2020 rose 32.1%, and the proportion of those who moved to Florida rose a whopping 46.2%,” the news agency reported.
CBRE Group, which conducted its analysis on USPS records obtained at the request of the Freedom of Information Act, claimed that the COVID-19 pandemic was significantly accelerating migration trends in the coastal and sun belt markets.
“The pandemic just came as the majority of the large and increasingly affluent millennial cohort was reaching the prime age of family education,” the report said. “As a result, millennials tended to move to more suburban residences even before COVID-19 hit the market.”
One more thing?
The news follows speculation that due to population changes, California will lose a seat in the House of Representatives if a redistribution in Congress is carried out in 2022. It is not the only deep blue state ready to lose political power. New York’s crater population can cost the state two seats when all is said and done.
Leaving tax-intensive liberal states has become a trend in recent years, led by well-known businessmen Elon Musk and Joe Rogan. Both Musk and Rogan decided to leave California for Texas in 2020.
Rogan, host of the hugely popular The Joe Rogan Experience podcast, cited overcrowding, traffic and homelessness as reasons for the move. He added that he also wanted “a little more freedom”.