Or people who were remote got called back to the office. Or they lost their job while living elsewhere and had to move to the Bay to find a new one. An increase in the net number of jobs is not the only possible explanation. The jobs might just be changing their geographic requirements.
Anecdotally, I know one couple who is selling their house to move back to a tech hub for better job opportunities. Another couple working from a rural location recently had one partner lose their big tech job. If the laid-off partner doesn’t get a new job in the next few months, I expect that they will start talking about moving, too.
Anecdotally, I know one couple who is selling their house to move back to a tech hub for better job opportunities. Another couple working from a rural location recently had one partner lose their big tech job. If the laid-off partner doesn’t get a new job in the next few months, I expect that they will start talking about moving, too.