46 Percent Of Bay Area’s Millennial Residents Want To Leave
Adelle Nazarian, Breitbart News
Traffic congestion and skyrocketing housing prices have caused approximately 46 percent of the Bay Area’s millennial residents to start looking at potentially exiting the increasingly unlivable region.
The findings were part of a new poll released by the Bay Area Council on Thursday which also showed that 40 percent of Bay Area residents say they want to move away from the area over the next few years. That figure is up by 12 percent from last year’s report from the Bay Area Council which found that 34 percent of residents wanted to exit.
“It turns out that we were wrong about millennial preferences, the stories were wrong that millennials wanted to live in a hyper-urban environment and that it would be OK to raise families in a condo,” Micah Weinberg, president of the Bay Area Council’s Economic Institute, said, according to the East Bay Times. “Millennials are putting off family formation, but when they have a family, they want what their parents had: a house on a nice lot pretty close to work.”