I considered moving, but as a homeowner I’d need to sell and move somewhere else for a year (can’t rent), only to move back here and hope to find something less than or equal to what I sold my house for. Doesn’t really make sense. For renters, I’d definitely go somewhere cheaper, bank the money, and then hope the rents in the Bay when this ends don’t skyrocket
Even for renters it doesn’t make sense if they are not “living out of a suitcase” type because moving can be a pricey exercise and the cost of it would be equal to the savings from that year. It’s also too stressful to do for a single year only. Plus, most people would lose their deposits that way, which is just one more expense incurred. Just not feasible.
I considered moving, but as a homeowner I’d need to sell and move somewhere else for a year (can’t rent), only to move back here and hope to find something less than or equal to what I sold my house for. Doesn’t really make sense. For renters, I’d definitely go somewhere cheaper, bank the money, and then hope the rents in the Bay when this ends don’t skyrocket
Even for renters it doesn’t make sense if they are not “living out of a suitcase” type because moving can be a pricey exercise and the cost of it would be equal to the savings from that year. It’s also too stressful to do for a single year only. Plus, most people would lose their deposits that way, which is just one more expense incurred. Just not feasible.