Re:Peak California
by anonymous5133 on Sunday March 10, 2019 @08:35PM
(#19355775)
That used to be the case but it is changing now because potential employees are saying they aren't as interested in bay area because of the cost of living. I've seen more companies offering remote working arrangements. Work from home in vegas, reno, phoenix or some other small town within 1,000 miles from the bay area and then one day per month, fly into SF to attend the monthly meeting.
That's why companies like wework and regus are becoming so popular these days. I've seen a decent amount of tech companies signing deals with these companies to basically be able to offer remote working as a work benefit.
Of course, if employees don't want to use the remote working benefit then they can still live in the bay area.
Voters think they can actually stop growth by stopping housing development. It's not the housing that brings people to CA, it's the jobs, especially jobs for immigrants and jobs for people outside of CA (in the US).