The so-called “California exodus” continues and the Bay Area is among the areas losing residents, according to a new state report.
This is the third straight year the Bay Area has lost people.
“So we saw far less immigration into Silicon Valley over the past five years, and that’s a big deal because Silicon Valley was built by people coming from other places,” said Hancock. “Sacramento, Davis, Manteca, Tracy, and by the way, people who are living in these perimeter areas are still coming into the office two times a week,” said Hancock.
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