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Comment by petilon

> Or people who were remote got called back to the office.

That's not the explanation according to this article [1].

> Or they lost their job while living elsewhere and had to move to the Bay to find a new one.

It is hard to afford Bay Area rents -- even if you have a job. I can't see someone looking for a job signing a 1-year lease at these rates. Also, unlike the old days, interviews are remote, being physically present in the Bay Area doesn't give you an advantage.

[1] https://www.sfchronicle.com/bayarea/article/remote-work-stab...

parent petilon 4 months ago

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