Tracking the San Francisco Tech Exodus
It's somewhat interesting that some numbers are based on the bay area (drop in bay area tech workers inflow/outflow, what percentage of bay area workforce will remain remote), while other numbers based on San Francisco alone (drop in SF residents, SF GDP, business tax revenue, etc.).I know that outside of California, the world views "SF" and "the bay area" mostly as one and the same. Based on anecdotes I feel like this doesn't tell the full story, though maybe it does give you a high level overview (like this site does).Among both personal friends and coworkers, ex-coworkers (from a decade+ of working in the bay area) -- surely there are people who move out of state (to Denver, Austin, Miami, etc.); but the more common trend is -- people who used to live in SF are moving out to the east bay / surrounding areas; and people who were already in the east bay before move even further away (Sacramento area, etc.). Another interesting bit -- Sacramento doesn't get talked about in tech circles and sites like this and related articles, because it's not supposed to be the "next sexy tech town", but in reality is a lot of people have moved here since the pandemic, both tech and not. I moved here before the pandemic, and witnessed the housing market rise more than the east bay (where there's already an influx of SF people moving to) this past year.All I'm saying is there's a lot of nuances in this general exodus!