Sky-high home prices and bank account–draining cost of living might finally be driving folks out of the most expensive cities. When well-paid tech professionals and Wall Street hotshots have trouble affording Silicon Valley and New York, what hope is there for the rest of us?
But where they’re going just might surprise you.
Prospective home buyers overwhelmingly want to head south, according to a recent LendingTree analysis. The online loan marketplace looked at the 1.5 million mortgage requests it received from October 2016 to October 2017 to come up with the results.