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How the Pandemic Did, and Didn t, Change Where Americans Move April 19, 2021 + As disruptive as the pandemic has been, for the most part it hasn’t altered the underlying forces shaping where people want to live. The pandemic raised the possibility that more workers could move anywhere, potentially scrambling the map of booming and declining places in the American economy. And new data shows that it did indeed appear to prompt an unusually large flow of urban residents out of New York and San Francisco, two regions with a high share of jobs that can be done remotely even after the pandemic is behind us. ....
Money walks: Map reveals the flight of residents from NYC s wealthiest zip codes during COVID-19 pandemic More than 1 in 10 residents of some Manhattan neighborhoods permanently fled New York City during the COVID-19 pandemic, a new study shows Four zip codes in the Midtown-Hell s Kitchen zone - 10036, 10019, 10022, and 10017 - saw 11% of their population leave Wealthy, mobile young professionals accounted for most of the departures, often from gentrified neighborhoods The report from commercial real estate firm CBRE found New York was second only to San Francisco for the number of net departures last year It used US Postal Service data from 29 million address changes to analyze population changes during the COVID-19 pandemic ....
San Francisco, Amid Big Tech s Battles With City, Lost More Residents Than Anywhere Else in US On 4/12/21 at 3:30 PM EDT Almost every major metro area in the U.S. saw an exodus of residents in 2020, but none more so than notoriously expensive San Francisco, a new study found. The most expensive city in the U.S. saw at least twice as many residents leave for other locations last year as it did in 2019, about 18 per 1,000 people. CBRE Group, a commercial realty firm, conducted its migration analysis based on U.S. Postal Service data. Much of the outbound residents were young, affluent workers, Eric Willet, CBRE s director of research in Los Angeles, told ....