“The newspaper found that 39,000 San Franciscans who had filed federal tax returns for 2018 had moved out of the city before filing 2019 returns. Collectively, they took $10.6 billion in income with them while people who moved to the city during that period reported just $3.8 billion in income.”
May be true for the obese American middle class and poor people. Not in my circle. Most people I know is active, and spends lots of time hiking walking hanging out in downtown etc. Even in restaurants outdoor dining in nice weather is >>> indoors. Sports they don’t do much though but you need good weather for sports too. Playing outdoors is >>> indoors.
You cannot deny that not living in a naturally beautiful place with great weather year round is a huge compromise to quality of life and the best and the brightest do not have to make it. We work hard and earn after all for good quality of living.
The people I know who are actually the best and brightest are about 10x more positive about life than you. They don’t live in constant fear preaching doom. It’s cute you try to pretend though.
As I mentioned many times, other States are very happy about this process.
CA produces 5000 high earners, and lose 4000 to other States.
Thank you, thank you
I believe the remote work trend has over extended itself and is reverting to the mean, albeit at a higher mean compared to pre-Covid. Even Zoom is forcing its people back to office. Most companies find the hybrid model work better for them, not 100% remote.
Trend is already reversing. So it’s happening in real time right now.
If you mean when we will see a steady state of remote work emerging I think we will see one in 3 years. I expect the level will be somewhere between pre-Covid and beginning of 2022. Not sure where, but seems the level is still going down gradually now.
For people who aren’t from California, it makes less and less sense to stay. The state actually had a republican governor when I moved there. It’s amazing how quickly and how far left it went.