According to the Bay Area Council, one-third of our neighbors are “likely to bolt the region in the next few years” to pursue better financial opportunities elsewhere.
First Tuesday Journal, a statewide source of real estate news, reports that when asked which local issue is the most important to them, Bay Area residents chose:
- cost of living (64 percent)
- housing (48 percent)
- traffic (39 percent).
The Bay Area Council also announced generational trends. In the same February-March 2016 tabulation of 1,000 residents, First Tuesday Journal reports the results indicated:
- Millennials’ and Gen X’s greatest concern is the high cost of Bay Area living
- Baby Boomers’ greatest concern is housing
- Residents 65 and older are most concerned about traffic.
Young college students are waiting for employment with good challenging jobs and pay and then gather enough experience to move out of the bay area to build a family and afford housing.
Older gen needs to downsize, use the sale of the house to pay for retirement and nursing/care homes. Those who stay do not want to pay the big capital gains tax and wanted to babysit their grandchildren.
Those who stay do it because of their jobs, their partners, the climate, the fun things they love in the bay area.
What is your reason to stay in the bayarea?
Published by connie dello buono
Connie Dello Buono is based in Sunnyvale California. Her first ebook is about women's health, Birthing Ways Healing Ways and her recent one is about cancer prevention, Curated Healing Ways. She had helped women have holistic childbirth as childbirth educator, founded Motherhealth, to serve seniors in the bay area with holistic caregivers and blogs at www.clubalthea.com with more than 10,000 health and finance related posts.
Connie trains her own caregivers, which are the favorites of most bay area seniors who are home bound and alone.
She is active in the rehab and nursing facilities, volunteering on music and movement for seniors.
She is a member of Lion's club and offered scholarships to students in the Philippines.
She is active at churchinsunnyvale.us and has Fridays Bible home study in Sunnyvale using the recovery version of the Bible , free at biblesforamerica.us
She loves dancing and teaching and her courses can be found at
https://teachclub.com/@thriveafter60
She is California Life Insurance licensed providing life insurance for older adults with health issues and helping women retire safely with income for life.
at menloassetca.com , she helps with 401k rollover.
3 Benefit plans
- Mortgage protection using term life insurance to pay for mortgage balance in event of death
- Final Expense plan using Single Issue Whole Life Insurance, with cash back, disability benefit and guaranteed in the presence of health issues
- Fixed Index Annuity retirement plan for safe, accessibility, less fees, less taxes, avoids probate as it goes directly to beneficiaries, rate of return with no downside market participation.
She brings compassion and understanding to the needs of her clients, bringing holistic approach in health and life insurance. Her goal is to free families from worries especially during covid with caregivers and life insurance in the presence of health issues, especially for women.
She can be reached at 408-854-1883 , motherhealth@gmail.com
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