"The San Francisco Bay Area’s CBS-TV station is reporting on what it calls the “mass exodus of residents” from the Bay Area." ...
"A study of the out-migration by Joint Venture Silicon Valley says workers are moving to Sacramento, Austin, and Portland due to a number of factors. But topping the list is the high cost of housing."
... "Bottom Line: Assuming that it’s true that the number one location in the country for out-migration is the San Francisco Bay Area and that there is a mass exodus of residents from that area, the high demand for outbound U-Haul moving trucks relative to the demand for inbound trucks is being reflected in market-based one-way truck rental prices: sky-high prices for a scarce supply of outbound trucks with high demand and really low, deeply discounted prices for an abundant supply of inbound trucks with low demand. It’s a great example of supply and demand, and market forces in action — with one-way U-Haul truck rental prices reflecting relative scarcity."
https://fee.org/articles/so-many-people-are-fleeing-the-san-francisco-bay-area-its-hard-to-find-a-u-haul/
https://fee.org/articles/so-many-people-are-fleeing-the-san-francisco-bay-area-its-hard-to-find-a-u-haul/