https://www.siliconvalley.com/2023/04/13/bay-area-exodus-wealthy-resident-departures-worsen-doom-loop-fears/

Wealthier residents, liberated from the office by remote work, are leaving the Bay Area at a higher rate than before the pandemic — a trend that could exacerbate a dreaded economic “doom loop” for the region’s slowly recovering job centers and downtown cores.

In 2021, households earning more than $150,000 made up 32% of all those moving out of the nine-county Bay Area, up from 27.6% in 2019, according to a new analysis of census data by the Bay Area Council Economic Institute.