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So Twitter, Square, Coinbase, and now Shopify. I wonder how many other companies will allow this and what this shift will lead to. I imagine this will lead to a

So Twitter, Square, Coinbase, and now Shopify. I wonder how many other companies will allow this and what this shift will lead to. I imagine this will lead to an exodus out of the Bay Area and possibly to places like Tahoe, Santa Cruz, Marin, and a corresponding shift in real estate prices. No real advantage to living in a tiny apartment in a city if you can't go to concerts, bars, restaurants, and now can WFH where ever you want. My question is how companies will handle cost of living differences and if salaries will be adjusted based on locations? Or can I take my California salary to Seattle and pay no income taxes?

NonEUCitizen 6y ago
Non-compete clauses are illegal (or at least not enforceable) in California, but they're legal in Washington state. The savings from state income tax (bulk of your taxes are federal anyway) are not enough to account for the non-compete clause.
fourmyle 6y ago
Salaries will almost certainly be cut. If you can go 100% remote someone in the Midwest can do your job on $80k/year. All the places you listed are still expensive and if you are remote you don’t need to live there.