Middle-class families living in the San Francisco Bay Area could be heading for the exit in droves. High home prices are the biggest culprit along with traffic, taxes and a high cost of living.
A recent survey shows that 1/3rd of the people living in the Bay Area are thinking about moving away in the next few years. Surveyors for the Bay Area Council say that people are fed up with the lack of affordable housing and high prices in general. They are also tired of sitting in traffic.
Real estate investors can profit by understanding where people are moving, so as to meet rental housing demand in those areas.
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The post #074 – The Exodus out of California and it’s Affect on Real Estate Values appeared first on Real Wealth Show | Real Estate Investing | Turnkey Rental Property | Cash Flow | Notes | Private Lending | Flipping | Wholesaling.