Will Remote-Work Policies Lead to a Bay Area Exodus? (Infographic)

Will Remote-Work Policies Lead to a Bay Area Exodus? (Infographic)

4 years ago
Anonymous $-9GJQVHNr8

https://www.entrepreneur.com/article/351172

As Americans adjust to a work-from-home reality, tech companies are taking a stereotypically progressive stance on making those policies permanent. Facebook CEO Mark Zuckerberg said earlier this month that 50 percent of Facebook employees could permanently work from home in the next decade, and Twitter CEO Jack Dorsey told its employees they can work from home permanently unless their jobs require physically going to the office. 

So the next question those companies’ employees will likely ask themselves is natural: Why would I stay in the Bay Area if I’m not going into the office? Long the epicenter of tech in the U.S., the Bay Area has become prohibitively expensive for all but the highest-paid workers. Its housing costs are among the highest in the nation, and it’s gotten so bad that companies like Google have pledged staggering sums to help solve the shortage of affordable housing.