4 ms·
I am not sure we have concrete data, but I'm really concerned about what this will do where I live: Bend, Oregon, which is more of a destination for the types o
by davidw 6y ago
I am not sure we have concrete data, but I'm really concerned about what this will do where I live: Bend, Oregon, which is more of a destination for the types of people getting out of the bay area.
A gradual influx of people is good, as over time it leads to more of a local talent pool, people starting companies, and that sort of thing.
But a rapid influx might be the last straw for a lot of people who are not working remotely in highly paid jobs. Nurses, firefighters, teachers, police, and so on.
In the past, I think our prices moved more or less in sync with other west coast markets, broadly, but if there's a real exodus from cities, that might not hold true this cycle.