Yeah, though, once offices reopen and the remote employees are being passed over for promotions and raises, I suspect they'll be back right quick.
If the difference in cost and quality of living this enables is sufficient maybe fewer people will chase promotions.
Or maybe people will decide that as long as they can afford to live in the Santa Cruz mountains, all the office crap doesn't really matter very much. More generally I expect a lot of people are rethinking their priorities.
Heck, even single family homes on the Peninsula and in the East Bay are flying off the market as people leave the metro areas and look for places with yards and pools.
Yeah. I've been strongly thinking it's time to sell my house in the peninsula.