Mass tech exodus from coastal cities
geekwire.com
geekwire.com
If people are willing to uproot their lives to save $200k in housing, why wouldn’t they be willing to save $500k and move abroad, and frankly save a lot more earning USD but living in a much LCOL country.
Because countries with that much of a lower cost of living often also have a lower standard of living too
Also if you are overseas you do make it more difficult for yourself to access USD paying jobs, especially paying at rates you want