#161 - San Francisco's Rich join California Exodus

San Francisco is a  destination city for tech workers and one of the most expensive housing markets in the world. After years of home prices making like tech stocks and going up, up, up, the COVID-19 pandemic has now thrown the city into a state of flux, as people are moving within and out of the city to adjust to their new pandemic reality.

San Francisco is one of two cities in the country where the overblown narrative of a pandemic-driven urban exodus actually holds true (New York, specifically Manhattan, being the other). While it will take years to definitively suss out what exactly is happening in migration patterns today, recent housing-market data is starting to signal who is leaving San Francisco — and it’s the rich.

Join your host Sean Reynolds, owner of Summit Properties NW and Reynolds & Kline Appraisal as he takes a look at this developing topic.  

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