Austin KlarVanguard Properties · Lawyer Turned Real Estate Agent

Is San Francisco Finally Turning Around?

Name: Is San Francisco Finally Turning Around?
Uploaded: 2025-08-01T00:00:47+00:00
Duration: 48 s
Channel: Austin Klar
Description: Austin Klar explains that roughly 70,000 residents—about 10% of San Francisco’s population—fled the city during the pandemic years (2020‑2022) as crime…

1 Aug 2025 · 1 min

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0:48

Austin Klar explains that roughly 70,000 residents—about 10% of San Francisco’s population—fled the city during the pandemic years (2020‑2022) as crime rose, tourism declined, retail suffered, and remote work reduced the need to live near offices. This mass outflow has now stalled, with a new wave of domestic migration returning from states such as Florida, Texas, and North Carolina, as well as international arrivals. Klar argues that this inbound movement is reshaping the local real estate market, creating opportunities for buyers and sellers. He invites viewers to comment “video” for a link to a detailed YouTube breakdown of the five‑year population trends and promises to provide ongoing Bay Area real‑estate updates.

Chapters

Tens of thousands of people fled San Francisco during the pandemic, nearly 70,000 people to be specific. Almost 10% of the city's population fled as crime rates rose, tourism fell, retail struggled, and city dwellers who no longer needed to be near the office flocked to suburbs and areas with lower cost of living. But that mass exodus has come to a screeching halt. There's renewed domestic migration back from places like Florida, Texas, and North Carolina, and even from beyond our borders, all thanks to some incredible changes we're seeing in the city. And that's having a meaningful impact on our local real estate market. I made a YouTube video breaking down the changes we've seen in our population over the past 5 years, why thousands of people fled the city at warp speed between 2020 and 2022, and what's causing people to move back, what it means for our local real estate market. Comment the word video and I'll send you a link, and follow me for more Bay Area real estate. Bye.