Nearly half of Bay Area residents considered leaving in the next few years due to rising cost of homes: report [Video]

A new report shows that nearly half of Bay Area residents considered leaving in the next few years due to the rising cost of living and homes.

A new poll by the Bay Area News Group and Joint Venture Silicon Valley shows 47% of Bay Area residents surveyed said they want to move out of the city in the next few years.

The latest report comes from a trend of residents expressing that they considered leaving.

The findings from the survey are a decline from last year when 52% of respondents said they were likely to move away. In 2022, 56% said they were likely to leave.

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Furthermore, the survey showed 80% of residents cite housing prices as an issue and 79% share concern about the homelessness issue.

Per a press release from Joint Center Silicon Valley, “Housing (82 percent of respondents), homelessness …