First, take everything Zillow says with a grain of salt. Sure, they have the data, but they are not objective. Not saying they are lying, but they might not sho

First, take everything Zillow says with a grain of salt. Sure, they have the data, but they are not objective. Not saying they are lying, but they might not show the full picture. (edit: I must say the post seems very detailed and looks like they put a lot of effort into it. Maybe I should read it first...) The trend seems to be rent prices are dropping in all major cities but home sale prices are not. In fact they are even going up. In my opinion it's too early to tell. Remote work would have a big impact on where tech workers live. But it would take some time until it starts to negatively impact home sales. People who move to new cities usually don't buy houses right away. Many of those people who were supposed to move to SF/NYC/Boston in the next year and potentially compete for houses in the next 5 years might now go elsewhere.