Survey says: 34 percent of Bay Area residents are ready to leave
Residents of the California’s Bay Area are eyeing the exits, according to a survey by the Bay Area Council.
Some 34 percent of San Francisco-area residents are considering leaving because of high housing costs and traffic, The Mercury News reports.
“We can whine about this, or we can win by solving our traffic and housing problems,” Carl Guardino, president of the Silicon Valley Leadership Group, told The Mercury News. “The last time the Bay Area had seemingly solved its traffic problems was the worldwide recession of 2008. A recession is not how we want to solve our traffic and housing problems.”
People who have lived in the area for five years or less are those most likely to start packing their bags, according to the Mercury News report.
Representatives from the Bay Area Council were not immediately available to comment.
The survey, which collected results from about 1,000 residents in the area, also revealed that citizens in the San Francisco Bay are split when it comes to how they think the region is faring. About 40 percent of respondents said that the Bay Area was on the right track, while 40 percent said it was on the wrong track.
“The economic divide in the Bay Area is real,” Russell Hancock, president of Joint Venture Silicon Valley, told The Mercury News. “We will lose low-income earners, and they will be replaced by high earners. We are losing the middle class as well.”