83 percent of Bay Area renters plan to leave, says survey
I'm noticing similar sentiments among friends in New York City. Everyone came here for jobs/culture/friends after graduating, but the mad-rush of millennials is making the city more and more unlivable. Nobody wants to spend their thirties in a cramped, overpriced studio, but nobody is ready to leave their hip, startup lofts for the drudgery of a Westchester office complex (let alone endure an hour commute into the city every day).Smaller cities (the Portlands, New Havens, and Columbuses of the country) will continue to inherit the overflow, with those cities that have the lowest cultural cachet taking the lowliest remnants. Given the demand for urban environments by businesses and consumers, it seems like the only thing holding back any city from heavy growth is incompetence or negative reputations.