Has middle class "white flight" occurred in your region?

Twoin18
Mon, 11 May 2020 00:37:16 +0000

The change in Cupertino demographics is nothing to do with race and all about the fact that house prices have gone up by about a factor of 100 since 1970 (from $15000 to $1.5M). So for most homeowners in the Bay Area their house represents their main retirement savings. It’s unsurprising that many of those who lived there in 1990 and before have retired and moved out. And the demographics of the people who have moved in are those of the workers at Apple down the road.