Welp, this was eventually going to happen. Because the tech industry as artificially inflated the cost of housing, people who work for the tech companies who have taken over the city have had enough and they're leaving. Where are all the tech nerds heading? Oddly enough, Las Vegas. It makes sense, it's a party town, tech bros like to fancy themselves partiers, and Vegas is a part town.
Of course, nothing's cheap in San Francisco. As a matter of fact, if you want to get the hell out of San Francisco and rent a U-Haul to haul your belongings to Vegas to start over, the rental fees for the truck will cost you a cool $2,000. To let you know how fucking expensive that is, you can take the same trip from Vegas to SF and it'll only cost you $100.
An excerpt from Business Insider:
San Francisco lost more residents than any other city in the US in the last quarter of 2017, according to data from real-estate site Redfin, which sampled a million users. The data factored in the number of residents that cities gained, meaning San Francisco lost a net 15,489 residents; about 24% more than the next-highest loser on the list, New York City.
This is expected to continue into 2018, considering that, as of February, 49% of Bay Area residents were looking to move out of San Francisco, according to a survey by public-relations firm Edelman.