The effects of one of the most expensive housing markets in the country are in display in this data analysis of migration to and from the San Francisco Bay Area.
"The median household income of those leaving the Bay Area and those moving into the region reached new highs," according to an article by Issi Romen. Specifically: "In 2016, the median household income of people moving out of the Bay Area reached $81,500 while that of new residents reached $90,000."
As recently as 2013, out-migrants from the San Francisco bay Area were earning a median household income of $61,550 a year. In-migrants were earning $72,100 the same year. By analyzing in a lot more detail the in- and out-migration demographics for the Bay Area, Rossi reveals that the Bay Area is crowding people out—fewer have the necessary income to move in, and more people are not making enough to stay.
FULL STORY: The Outflow of Bay Area Residents Spreads to Higher Income Levels
Dismal Poll Findings for Bay Area: Half the Respondents Want to Leave
To paraphrase Bill Clinton, it's the housing, stupid! In addition to the troubling findings of the Bay Area Council poll, a California housing report found that Silicon Valley had the highest percentage of residents leaving their counties.
Recent Studies Dig Into the Affordability Effects of Housing Developments
Several recent studies add fuel to the fire of whether market-rate housing helps affordability or drives low-income people from their neighborhoods.
Op-Ed: Only Half of San Francisco is Changing
Using a mid 20th-century painting as his point of reference, Benjamin Schneider points out that the vast, disruptive changes we often associate with San Francisco are only affecting the city's eastern side.
Florida Considers Legalizing ADUs
Current state law allows — but doesn’t require — cities to permit accessory dwelling units in single-family residential neighborhoods.
Manufactured Crisis: Losing the Nation’s Largest Source of Unsubsidized Affordable Housing
Manufactured housing communities have long been an affordable housing option for millions of people living in the U.S., but that affordability is disappearing rapidly. How did we get here?
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
EPA Terminates $116 Million in Grants for Reducing Emissions from Construction Materials
C-MORE grants were earmarked for industry trade groups and universities.
BART Closes $35 Million Deficit
Cost control and revenue generation measures prevented service cuts.
The New Parisian Hearse is a Bicycle
Sleek, silent, and sustainable, a green trip to the graveyard has hit the streets of the French capital.
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