Northern California growing into 'mega-region' as people moving from the Bay to Sacramento doubles

sacramento is changing i have found sacramento to be a really different place than when i was here last just a hell hole you just think that it's kind of developing as a city people are moving here it was a good opportunity to come out here kind of get out of the bay area as well as moving away i think it is time for me to kind of try to move somewhere else but a massive amount of migration is happening in northern california but i was in the bay area the last 10 years i originally came from like the north bay especially from the bay to sacramento so we had a decade of change in two years essentially really and an easy thing to point to is flexible work schedules the ability to work from home also brought the freedom to change where home is in 2018 and 2019 pre-covered about 150 000 people left the bay area when the pandemic hit that number doubled with nearly 305 000 leaving it's just one of the shocking discoveries researchers found in a study conducted between uc davis and two other universities that looked specifically at migration from the bay area to the central valley during the pandemic that includes communities throughout the sacramento region san joaquin valley and the sierra foothills their interest came after finding that our region is melding together more than anywhere else in california growing into one large mega region what they found is where people move depends on having easy access to where you need to go over time whether it be a lifetime or multiple generations people relocate further and further down highways for example in along highway 80 people may again be living in san francisco but then move to vacaville or west sacramento or continuing down highway 80. people would increasingly move inland with the ability to work from home their research found rather than relocating gradually along highways many made a leap moving to their end goal location whereas someone might have moved from san francisco to sacramento to roseville to el dorado hills people were moving straight to truckee that final destination always depends on their income higher income households much higher likelihood of moving to a place like roseville or folsom in the sacramento area lower income households much higher propensity to move to stockton or the spanish attacks it's why so many are flocking from the bay area inland it's more affordable the average housing price in 20 years going from 600 000 to 1.5 million that is a completely unsustainable rate of housing increase the people who are coming from the bay area are in a sense being displaced themselves and the cities people are leaving others are not moving to they're all losing meanwhile redfin found in january of 2022 the sacramento metropolitan region was the fourth most popular destination in the nation for people looking to relocate to this area we actually have the space to build out this is obvious when you drive along highway 50 where you can see home after home being constructed now you remember that mega region well it could be happening right here as experts say that folsom and el dorado hills could be merging into one the more multi-family perhaps more town homes more more condos of various sizes and we've already seen developers try to answer the high demand with townhome and condo neighborhoods like the mill here in sacramento and these new homes here in south natomas and right here in folsom in fact investment buyers and developers bought 56.3 percent more homes in sacramento in 2021 than 2020 a redfin study showed but a state audit report released in 2022 and based on numbers from 2019 said there's still not enough housing for the demand in the sacramento region we're short over a hundred and fifty three thousand homes driving up the cost of housing in our area we're seeing more people who are being forced out whether it's out of state or out of where they were living but another reason folks are moving away is because of politics and so when you see a demographic shift we anticipate that we are going to see a shift in change of votership so more purple rather than red and blue it's one of the reasons bridget and her husband left pollock pines we're avid shooters we like our firearms but the laws are getting stricter and stricter and stricter she said the rising homeless problem high taxes and price of living sealed the deal on their decision they landed outside charleston in orangeburg county south carolina you have so many more freedoms as an american she's not alone an exit of residents over the last decade resulted in california losing a congressional seat in 2021 the first time this has occurred in the state's history the u.s census bureau found while more people left california than came here other places like texas florida and colorado gained a congressional seat with more people moving there i've been contemplating for the last three years it's what local business owner miguel fries is considering i'm a sacramento native born and raised but since the start of the pandemic he's been thinking of making a move last draw for me was just the way the whole pandemic was handled and unfortunately a lot of small business suffered heavy restrictions and mandates others moving away didn't necessarily have a say in the matter it's easy to point to climate refugees in california who are being displaced by fire a growing concern is housing prices in desolate but fire prone areas are becoming more appealing as people look for places to move for lower cost and due to climate change patterns that are really exacerbating our wildfire seasons making them more intense making them more frequent that's really contributing to having people who have no place to go

Channel: ABC10

Views: 1,239,003

Keywords: housing, housing crisis 2022, bay area, california, northern california, migration, sacramento, roseville, folsom, truckee, san francisco, housing prices, housing prices in california, housing prices 2022, moving to california, real estate, living in california, moving to sacramento, real estate market, real estate market 2022 california, housing market, roseville ca, abc sacramento, kxtv, sacramento news, travel vlogger, travel vloggers on youtube, Andie Judson, abc10, abc10.com

Id: gMlLUlCZI6M

Length: 6min 20sec (380 seconds)

Published: Thu Apr 21 2022