Earlier quoted context omitted.
No way, no how is Google or any other decent employer going to uproot all their knowledge workers and make them unproductive for the foreseeable future by forcing them to move to another region. The diaspora from the Bay Area will keep happening the way it has been: at the economic margins. Over time, people outside of tech who aren’t subsidized by prop 13 or rent control will get priced out. There will be a perpetua…
I want to agree that the labor market will correct at some point, but to your point, it's only at the margins for now, and is way too slow to adjust. There are too many people who feel like they _have_ to live there (or NYC / insert overly populated city here) to have a career, that any sort of correction will take decades.
I'm asking this to find out your definition of overpopulation. Because the people that want to move here don't think that's the case, and I certainly don't think that's the case given how low population density is throughout the Bay Area.
And since high density walkable neighborhoods are healthier for people and the environment than car dependent sprawl, I think that we are actually underpopulated.