Earlier quoted context omitted.
> I wonder whether this trend will reverse in the next 1-3 years or this is the new permanent dynamic of the SF rental market. IMO, that's completely dependent on how much SF tech companies embrace remote work.
What confuses me is the home buying far outside urban areas. I understand that people will be working from home for 12 months, but buying a home an expensive transaction. If forced to go back to the office, these folks are looking at very long commute. I assume they: 1) know for sure they can wfh permanently, 2) are betting they will be able to wfh permanently or 3) are willing to quit when asked to come back to the…
I suspect that they may be incorrect, here.