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The main reason I hope WFH is here to stay, is because there's no tech hubs left that are livable for families. Austin and Denver use to qualify. But an out of
by dcolkitt 6y ago
The main reason I hope WFH is here to stay, is because there's no tech hubs left that are livable for families.
Austin and Denver use to qualify. But an out of control real estate market, basically makes it impossible to buy a home there. Every listing gets 20 all cash, no contingency offers for hundreds of thousands over list price.
Unless we embrace full remote work, the only people who will be able to work in the tech industry are either those who bought property in a tech hub before 2020. Or the young and single who are unencumbered and willing to live in small expensive apartments.
Insisting that engineers live in the Bay Area or Seattle or NYC or Austin will essentially lock out a huge pool of talent. Blame America's dysfunctional housing market and NIMBY culture. Tech generates a ton of wealth, but essentially all that wealth gets slurped up by land owners in tech hubs. The only solution to break the cycle is industry wide embrace of full remote work.