Earlier quoted context omitted.
I actually know several people who used this as an opportunity to move into the Bay Area. The sudden drop in rents made it more attractive and they jumped. They both work in industries where face to face communication is a competitive advantage. It’s easy to forget that not every job is naturally compatible with remote work like it is for those of us who type on computers all day.
> sudden drop in rents Curious, Why aren't properly prices droping to reflect the loss in population.
Housing prices have been out of whack with fundamentals (cash flow) since at least ‘12-‘13.