The key is to get out and keep your salary. If your job does go full WFH, you can most likely keep your salary and then move, but then if you want to find a new job in a couple years, finding that same SF salary will be much tougher. I live in Dallas and have friends in Austin. 6 figure jobs are available, but you won't find many (if any) of these 180-200+ type jobs outside SF and NYC.
Granted, $120k-150 for a single earner is plenty to live a good life in Texas, even in the cities (as long as you don't have excessive personal debts). Something to think about that I'm sure you've probably considered.
Re:Elon Musk moves to Texas
by bluedevil2k on Wednesday December 09, 2020 @09:40PM
(#25368976)
You're not looking hard enough or don't have the experience necessary to get these jobs. There's plenty of these jobs in Austin.
Interestingly, if you consider it at all, it means that you need to move out now: otherwise you are going to be caught in the huge wave of moving people and will be unable to realize all benefits, i.e. you might have to take the loss on the house, etc. Also, if you spouse really wants to move...
I'm curious why you bought a house in California to begin with. The cost of living was similar in the last two decades.
Before COVID and the prospect of multiple companies considering optional WFH became a possibility, I figured I was pretty much stuck here for career reasons, so might as well build home equity for 20 years or so.
Same complaints: cost of living / taxes, quality of life, and kids' education.
The only thing keeping me here is my current job and clear opportunities for future [tech] jobs. If WFH became the norm, I'm out of here in 50 milliseconds. There are probably a lot of people like me.