Tech Workers Consider Escaping Silicon Valley’s Sky-High Rents

By Sarah Frier : bloomberg – excerpt

After major companies announce their employees won’t need to come in, many are recalculating the cost of living near the office…

Both Facebook and Google have announced that most people won’t need to come in this year, and Twitter Inc. has told some workers that if they wish to work from home permanently, they can. Employees are now considering the thousands of dollars they could save living somewhere else—maybe even permanently. Urban parents of young children suddenly find themselves coveting backyards and playrooms in larger homes that would be affordable on a tech salary pretty much anywhere except the Bay Area..

BOTTOM LINE – The pandemic is leading many tech employees to consider working from home permanently, so they can escape California’s sky-high rents for less expensive digs elsewhere….(more)


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