Leaving the Bay Area? These folks did it — with mixed results

Raya and Michael DeMarquez both grew up in San Jose, got married here, raised their kids here, bought a house here more than 20 years ago and felt settled in the Bay Area life — for life.

Then they lost that house after the 2008 recession, lost their jobs. In the ensuing years, they worked hard to put things back together, rebuilding their careers, renting a house. Yet all the while, they sensed the encroaching costs of change: the tech boom, the swelling prices, the thickening traffic, the culture shift. They started to feel like outsiders in their own home town.

So in 2015 they did something they never would have considered a decade before. They moved. Away.
To Portland, Oregon, in fact, as many Californians have done, often to the chagrin of Oregonians. And while there have been some adjustments and trade-offs (think weather), they’re truly happy they did it.

“We’d never go back to San Jose,” says Raya DeMarquez. “We’ll see if (Portland) is where we’ll stay. We’re giving it through this winter to decide if we can handle the weather — it was rough last year.

“But we’d never move back,” she says. “Never.”

“I was lucky to buy my house when I did and sell when I did. Now, we have five times as much room for five times less money, plus property for our dogs. We’re never moving back.”

How is she lucky when she sold low in 2005? The appreciation for her old property in San Jose would have been much better than whatever cost saving she had by buying that house in North Carolina.

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Don’t sell Bay Area real estate. It sounds like some people had NINJA ARM loans. They present the sequence of events as they lost their house first and lost their jobs later.

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Our Kool-Aid is just too good!!!

Herb Caen famously wrote, "isn’t what it used to be, and it never was."
lol

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If you leave the bay area, please, don’t come back. You are not needed. :smiley:

Or, at least, respect our way of living and keep yourself quiet. :sweat_smile:

Or, in plain English, if you are beaching about living here, leave. :wink:

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