Bay Area cities are hot again — if applications from Generation Z renters are any indication.
The San Francisco and San Jose metros were two of the fastest-growing destinations for college-aged and post-grad transplants in the U.S. in recent months, according to real estate consulting firm Yardi Matrix.
Interest from 17- to 25-year-olds in San Francisco and East Bay apartments doubled between 2020 and 2021, the fastest rise in the U.S. Applications from students and young professionals jumped 50% in San Jose over the same period. Most of the growth came in the last six months of 2021 as COVID-19 restrictions eased.
