Even as a well-paid software engineer at Google, Jake Hamby said living in the Bay Area had become suffocating. He came to San Francisco in 2005 and felt it gradually lose its luster.
“There’s a weird gap (between) people that have hundreds of millions and $150,000 a year,” Hamby said from Los Angeles, where he recently moved and is looking for a job. “It’s still a lot of money, but people are being priced out of the market.” That in turn, he said, makes the Bay Area “less exciting.”
As Hamby’s experience reflects, the frustrations of living in the Bay Area have become so pronounced that confidence in the economy has sunk to its lowest level in four years, according to a survey released Saturday by the Bay Area Council.
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