Astronomical cost of living.. There is no benefit. Why is 3000+ or 4000+ a month rent or buying a 700 sq foot home for 800k, justified? Because it doesn't snow? Because there are beautiful parks and coastlines? That's just not enough. Not enough ROI for me. Did I mention that my apartment doesn't have AC? Ridiculous.
I hate commuting, so I specifically choose an apartment that was only a 10 minute walk to the office. Now, that I won't be going into the office for the foreseeable future it seems silly to live in my downtown neightborhood. My roommate has already decided to move out based on the above reasoning, so the question is do I fill her spot or jump ship to somewhere more pandemic-friendly?
Buy property with land, have space to enjoy what we love in pursuit of better quality of life
I was planning to apply to business school in Fall 2020 and attend in Fall 2021. COVID-19 caused all schools to extend their application due dates because so many international students won't be able to make it. I decided to apply in the "COVID-19" round and got into Ross! We are now headed to Ann Arbor a year early.
cheaper rent, can build equity
Want more space now that teenage kids are home 24/7.
I am sick of the city, I pay too much in rent and I want to be near my family and the mountains and pay way less
My brother in-law died; and while we don’t know yet what from, after combined with the fact that we heard my wife might lose her job, we are taking preemptive action to give up our expensive Bay Area apartment, to back East and was to stay with family we would have been visiting anyway.
We can afford a larger home, more land, and a nicer property for the same price our neighborhood here charges for a small 3:1, and be near the beach.
Paycheck to paycheck for 500 sq feet. My employer slowly transitioning to more remote work, soon no physical ties to the Bay Area.
We already moved! Some of the best job opportunities and highest paying roles within the tech industry are in San Francisco which is what brought my boyfriend and I here just about a decade ago. Living in Oakland (575 sq foot studio) and commuting to SF almost everyday with an avg commute time of 1.25 hours both morning and evening takes its toll. Due to COVID-19 our companies are now fully remote (permanently) which allows us to consider which city we want to live in providing us a better quality of life. We have always loved Portland: hikes, bikes and beers and a little rain?! No sales tax and cost of living is dramatically less than the bay area -- winning on all accounts. We wasted no time when starting to look for a new home as almost half of our friend group in the bay area was doing the same thing. Side note: 4 of our friends have moved already to Bozeman Montana, San Diego CA, Rochester New York and Denver CO. Which we figured meant a larger population in the Bay Area had the same great idea. We wanted to act fast as Portland's real estate market had not slowed down during these times and many people were making the exodus up north just like us. So 3 weeks later, we purchased our FIRST home (because we can afford a home outside the bay area) in Portland. We packed up a Uhaul and drove up on our closing date! Like I said, all this already happened :) We closed last Tues June 30th. We could not be happier in our new home. We haven't missed a day of work in the transition either so its a win-win for everybody. We went from a first floor, 575 sq foot studio with no direct natural sunlight in Oakland to a 2,900 sq foot 2 story home (with basement) with a lovely backyard. Best decision we made was to buy our first home in a global pandemic and get out of the Bay Area.
Expensive
Be closer to family & working remotely is now accepted by my company.
Next year my wife and I want to get away from cold winters and submerse ourselves in nature and new jobs
Born and raised in Oakland but moved to NYC for college in 2011 and have been living there for about a decade. My fiancee Lucy and I have always planned to move back to California long term (she's also from the bay), but COVID sped up our timeline by 2-3 years. Our jobs closed their offices in early March so we bailed from NYC and have been staying with family and friends in California. Being out here made us realize how much we love the bay and how much we do not want to go back to NYC, especially in this new era. What we love most about NYC is the nightlife (I play in punk rock bands), and it will be a loooong time before NYC nightlife returns to anything close to what used to be "normal". Our lease is up at the end of July so we're flying back next week, packing up our apartment into a 16' Penske truck, and zipping across I-80 in a 7-day road trip. See ya later NYC ✌️
My fiancé and I thought this would be a good time to potentially buy a house, and it was. We were able to negotiate the price under asking.
My fiance and I live in a 3-bedroom apartment with two other roommates. He and I have been talking about buying a house for awhile now, but the pandemic has accelerated our plans. Since April all four of us have been working from home. Space is tight. It looks like all of us will be continuing to work from home until at least the end of the year, and my fiance will likely never have to return to his office, at least not full time. My fiance and I are looking at homes in the Oakland hills, where we would have more space, but we would also be close enough to my workplace that the commute wouldn't be terrible. We're also considering renting a place in Minneapolis, closer to my family, through the end of the year, while we wait for the right house to come on the market.
I want more space and a yard, especially since the benefits of living in the city are gone right now (restaurants, nightlife, etc.). But, I don't know if I'll be able to work remote permanently, so I need to remain in the Bay Area.
Want more space now that teenage kids are home 24/7.
I will most likely be moving within 6 months to 12 months I closed my baking business in Edmonton and I would love to move back to California where most of my family is :)