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Is it conceivable that the attraction of the Bay Area will steadily decline as a result? Or most people here still expect it to recover once offices are open ag
by 62951413 5y ago
Is it conceivable that the attraction of the Bay Area will steadily decline as a result? Or most people here still expect it to recover once offices are open again and life is back to normal?
I love the climate myself. But on this very forum every other day people from CA discuss things which don't exactly justify 10% of income lost. In addition to the usual RE prices, AP classes, and surge in crime anecdata I see curious facts such as these:
* https://www.meritechcapital.com/blog/2021-review-select-saas-ipos https://www.meritechcapital.com/blog/2021-review-select-saas... ("Company Headquarters" in particular)
* https://www.saastr.com/the-third-wave-of-migration-from-the-sf-bay-area-is-still-to-come/ https://www.saastr.com/the-third-wave-of-migration-from-the-...
Remote work would make CA residents not competitive with people from saner states on CoL alone. I believe most big companies are still planning on something like 3 days onsite later this year. But historically startups have employed a lot of us too. Could the job market diverge into startups in Austin and BigCo in the SFBA?
- paxys 5y agoI don't see that happening. Tech jobs aside, the Bay Area is still a very desirable place to live, and has been so long before Silicon Valley was a thing. Software engineers moving out of the area will create a gap that others will very happily fill in.
- e4e78a06 5y agoIt is becoming less desirable imo. Wildfire season has replaced summer, crime and cost of living are out of control, and local parks have turned into homeless encampments.
- grp000 5y agoExcept most industries don't pay as well as IT.
- kortilla 5y ago> the Bay Area is still a very desirable place to live, and has been so long before Silicon Valley was a thing Not that desirable. The South Bay was just a place to grow fruit before Silicon Valley.
- andrew_ 5y agoI intentionally avoid companies based in the Bay Area (SF) even being remote. The hoops that the State of CA makes employees jump through yearly is annoying at best.
- tdeck 5y ago> The hoops that the State of CA makes employees jump through yearly is annoying at best. What hoops are these? Tax related or something else?