Companies won’t do it, not very American especially after being trump up recently.
Most big tech companies have offices in India. Someone in the US doing 100% WFH and not showing their face in the office at all is no different from someone working in the India office. Why not just hire in India and save a bundle?
Not American 
C’mon, employ Americans! If companies do what you say, soon, there would be quota! Percentage of American employees in companies HQ in USA has to be xx otherwise would be de-listed. Is a national security risk to have so many foreign employees.
I am not saying replace all American employees. Just the 100% WFH ones. 
I’ve been interviewing a lot with companies in Bay Area and all are saying once we’re post covid there will be some allowance to wfh 2-3x a week but no one is setting expectation anyone will be 100%. This is again not in tech but pharma/biotech which does employ a large # of employees in BA. These are companies that pre-covid wouldn’t allow wfh 1 day a week so the shift is great for me commuting from EB.
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I think the Tri Valley area would be a big winner in this shift. Pleasanton, Dublin and San Ramon. Good schools, reasonable price still but perfectly commutable into the peninsula for 3 days a week.
There are a lot of houses being built on the side of the hill as well in Tracy and Manteca. They could easily be half off Pleasanton price. So that area could see a boom too.
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where will people come from to live in those houses?
I think what I am trying to understand is whether trans-Altamont homes will be filled by people leaving Peninsula? If so, much of it will be internal migration within Extended Bay Area.
Trivia: I remember a conversation in year 2006 with a friend of mine while driving to Sacramento. I said the center of gravity of BAY Area will shift to 680-580 interchange. That may be coming true after all.
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It will attract people that like the hot summers. Others may go to Oakland Berkeley Hayward Richmond still half of fortress’s prices
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People from SF will all leave their pigeon holes and move to EB. 
Paywalled so pasting below:
Oct 7, 2020, 9:02am PDT
By Jennifer Stojkovic – sf.citi
Earlier this month, Twitter listed over 100,000 square feet of its San Francisco headquarters for sublease. This follows Pinterest’s decision to pay $89.5 million to terminate a 460,000-square-foot office lease in the city. While these are the latest indications that a mass migration of tech companies and tech workers is well underway in San Francisco, the signs of a tech exodus have been building for months. Sure, Covid-19 is, in part, to blame. But San Francisco has also made it easy for tech companies to leave.
San Francisco policymakers have spent the last near-decade mounting a battle against the tech industry. In 2013, the nation watched as San Franciscans famously protested private commuter shuttles by chaining themselves to busses. Then came the scooter ban in 2018. And in 2019, we saw the most bizarre San Francisco attack yet: an attempt to ban corporate cafeterias.
Against this backdrop, San Francisco tech companies have endured nine tax proposals within the last 10 years. Rising year by year, the city now boasts a budget of nearly $14 billion and is outspending more than 25 percent of states in this country. It comes as little surprise that San Francisco’s leadership has turned to tax hikes for the latest crisis.
Heading into the November 2020 election, the San Francisco tech industry faces a CEO tax and business tax increase that, if passed, could raise San Francisco’s tech tax rate to nearly double that of its West Coast rival, Seattle. One of these tax measures would raise taxes on the tech industry by 30 percent alone.
While major tech companies Airbnb, LinkedIn, Uber, and Yelp have been forced to lay off a combined 10,000 workers, San Francisco’s largest employer, the city and county of San Francisco, has yet to lay off a single employee. Quite the opposite in fact. San Francisco will be dipping into $36.9 million of the city’s reserve funds to grant scheduled raises despite staring down a $1.5 billion deficit over the next two years. In contrast, other major tech hubs like Austin, Chicago, and New York City have implemented budget cuts and layoffs. That’s not to mention the 40 percent of San Francisco city workers earning a total compensation package of more than $150,000. And yes, that’s higher than what your average San Francisco tech worker makes.
Can you honestly blame tech companies for leveraging the rise of remote work to downsize their presence in San Francisco? Twitter and Pinterest may be among the first, but they will certainly not be the last tech companies to rethink San Francisco as their home base.
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Continuing article:
Nearly every major tech company in the country has announced permanent or semi-permanent remote work policies. Now, unsurprisingly, both residential and commercial San Francisco leases are being broken at an unprecedented rate with double-digit rent drops.
In an environment where in-person offices are becoming increasingly obsolete, inexplicably high-priced (and high-taxed) cities like San Francisco face an uncertain future. Local leaders continue to cling to the narrative that San Francisco has always been a “boom or bust” city or a city of transients. Does that hold true when the future of work is fundamentally changing?
Coveted tech talent can now be obtained from anywhere. Moreover, there may be another added bonus of relocating or hiring outside of San Francisco: the opportunity to build a more diversified workforce.Even if the current tech exodus is something of a sequel to the dot-com bust of 2001, have San Francisco policymakers lost their memories? In the summer of 2001, San Francisco faced an exodus of over 30,000 tech workers, resulting in a 20 percent increase in commercial vacancies and a 30 percent drop in rent prices. What first appeared as a “welcome relief” for locals quickly turned into one of San Francisco’s worst eras: a decade filled with double-digit unemployment rates, yearly budget deficits amounting to billions, and rampant city cutbacks and layoffs.
Cities around the country, take heed: San Francisco’s loss could be your gain. With the average tech job contributing well over $650,000 annually to the local economy, even a small portion of remote work “refugees” promises remarkable change.
As for San Francisco, the famed tech capital of the world may be no more. When the dust of Covid-19 settles, the same legislators who pushed tech away will have to answer to the many San Franciscans who came to rely on tech’s employment — and tax dollars — to survive.
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Until I see startups being formed by founders meeting on Zoom I’d say any setback SF faces now is temporary.
SF had a huge crash in population from the late sixties to the late 80s. Could happen again. The influx of hippies, drugs, crime and the outflow of families caused the City to lose 100k people during that horrible time. Could happen again. It is truly disgusting that those 70s invaders are the horrible people in control of the Cities politics and that they are happy to force out productive techies and major corporations. The City will get what it deserves… A shithole for perverts, homeless, druggies and idiots that are tolerant of crime filth and “alternative lifestyles “
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SF has plenty of momentum to raise bond money. Any city with $14b income should be able to raise over $100b. that will keep them afloat untill next boom.
Fitch Assigns ‘AA+’ to $485MM San Francisco, CA GOs; ‘AA’ to $118.9MM COPs; Outlook Stable
Things are not working the way left envisions. They hate urban sprawl and private transportation (like cars, freeways, parking etc), and that is what will end up happening.
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The voters and the politicians exist due to one another. The wrong politicians will not survive without support of the voters. So who should rightly answer? the voters or the politicians? It is the same thing. To remove taxation due to SALT deduction cap, many will vote a candidate who will raise many other taxes.
Suburbs are as American as Apple pie. Immigrants flee their pigeon coups to come to live the American dream . 3/2 sfh 2 car garage and a lawn. The average Russian lives in 300sf one bedroom for a family of four with no elevator on the fourth floor. Newsom for mayor of Moscow…
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San Francisco experienced a 43% year-over-year decline in sales tax revenues during the pandemic, which has been credited to an exodus from the expensive city.
San Francisco’s chief economist Ted Egan attributed the drop in revenue that occurred between April and June to a flight of individuals from the city, rather than a decline in activity due to the pandemic.Egan told Fox News that while areas throughout California experienced a decline in sales tax revenues, other cities saw an uptick in online sales – but San Francisco did not.
“In San Francisco, we saw a big drop in brick-and-mortar sales, and very little increase in online sales,” Egan said. “So it raises the question, where did that spending go?”
But SF RE prices are flat or up. Why everyone wants to to live in a trash.
Have you ever lived in SF? Or
this trash place is the thing you hear from your cousin who hears from his college friend?