Cost of Living is causing many Californians to look at moving–AWAY!! How come? Read on!
California’s exorbitant cost of living is top of mind for its residents, with nearly half saying that they cannot afford to live here.
Poll results from the Bay Area Council found that 43 percent of Californians say that the state’s affordability conditions are a major hardship, according to a report from SFGate. Predictably, that number increases to 61 percent for those in the 18-to-34 age bracket, as that demographic is often saddled with paying off student debt.
Although most Californians think that the state’s economy is excellent (or at least good), they would not be afraid to leave it behind under fortuitous circumstances. Sixty-four percent of those surveyed said that they would consider moving out of state for the right job opportunity, and 40 percent would definitely leave for the proper compensation package.
You don’t need to let this disturb you into a hasty decision. Call us for a valuation on your home or a review of the market. THEN, you can make a reasoned decision. Our numbers:
Peter: (415) 279-6466; Jane: (415) 531-4091.