>Those 2m starter homes will get cut in half or more if this becomes wide scale. And then people will start moving in because CoL is suddenly cheaper and they

>Those 2m starter homes will get cut in half or more if this becomes wide scale. And then people will start moving in because CoL is suddenly cheaper and they get to enjoy all the nice stuff Bay Area offers without suffering through the daily commute...then CoL will rise again. Then the top companies' headquarters will still be here, and there will still be a heavy premium placed on top of physical presence, especially for management/senior level employees, in fact I wouldn't be surprised to see the average income going up in areas like the Bay Area after the lower level rank and file employees move out.