Bay Area Out of Control Cost of Living Reaches Unprecedented Tipping Point
The Bay Area has always been an expensive area, but in the last couple years the cost of living has reached an unprecedented tipping point.
5 News Stories That Reveal How Bad the Cost of Living in California Has Gotten
Here are five news stories that reveal how expensive living in the Bay Area has become:
1. The number of people packing up and moving out of the Bay Area just hit its highest level in more than a decade. (Read more on CBSLocal.com)
2. A 848 Sq ft home in Sunnyvale sold for $2 million in cash and broke records. (Read more at: MercuryNews.com)
3. So many people are moving away that Uhaul has a shortage of trucks and has raised their prices to unbelievable levels. (Read more at; SFGate.com)
4. The largest group leaving California tends to be middle-aged people making between $100,000 and $200,000 annually. (Read more at: DailyNews.com)
5. California was ranked worst in the country for quality of life. (Read more at: USNews.com)