“Only 3.7% of the households and businesses that filed address changes in five Bay Area counties from March to November 2020 left California, a total of 4,264 move outs, according to the data.”
Those pesky facts.
Stop hyping the fake “#California exodus.” sfchronicle.com/bayarea/articl…
More uncomfortable facts. Fewer people and businesses moved from all of the Bay Area than to TX than from SF to SD.
#exodushype
More important facts. Nearly as many people and businesses moved from SF to Marin (that low housing cost, no tax, no regulation Mecca) than from all of the Bay Area out of state.
This is about remote work not
#exodushype
Fewer than 750 households and businesses moved from the Bay Area to TX; roughly equal to the number of @NYTimes and @SFBusinessTimes stories about them.
#exodushype
Oh and more Bay Area folks moved to Hawaii than NC
#exodushyoe
Four times as many SF residents moved to Santa Cruz as Bay Area folks moved to FL
#Remotework not #exodushype
There is so much richness to this data. I love it when facts get in the way of a false narrative.
#exodushype
Would also be great to see this data for the rest of #California as well as inbound moves to SF, Bay Area and CA. Multiple stories here. Thank you @sfchronicle @susieneilson @rolandlisf
#exodushype

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More from @Lenny_Mendonca

7 Apr 19
1/ By popular demand: The class structure for “Business and Public Policy Perspectives on US Inequality” that I teach @StanfordGSB with @PaulOyer. I will post the readings for each class throughout the quarter for those interested.
2/ This class will analyze the growth in inequality in the US over the last several decades and how that trend is likely to continue or change in the future. We will ask if and how public policy can affect inequality.
3/ We will also focus on business's role -- what are the responsibilities of private sector companies, how does inequality affect them, and how should the growth in inequality affect their strategies?
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