More than 40% of Bay Area tech workers would leave the area for somewhere less expensive if they were asked to work from home forever, a new survey found
More than 40% of Bay Area-based tech workers say they'd move to a less expensive city if they were asked to permanently work from home, according to a new study from job-search databaseThey survey found that 42% of Bay Area respondents said they'd leave, compared with 40% in New York and 33% in the UK.
San Francisco is the most expensive US city for homebuyers, and only 18% of households are able to afford to purchase a median-priced home in the region. Some tech companies have said their remote workforce will grow in the next several years. Twitter has offered the option for employees to work from home forever; Facebook has said employees may move outside of the Bay Area, but may take a pay cut. Faced with a permanent work-from-home situation, more than 40% of San Francisco Bay Area tech workers would leave the region, a new survey found. surveyed 2,300 tech workers based in New York, the UK, and the Bay Area.
The survey found that 40% of tech workers in New York also said they would move somewhere cheaper, while 33% of UK employees said they'd do the same. , an anonymous work-focused social network, produced similar findings. Blind surveyed 4,400 workers — about 2,800 of whom live in the Bay Area — about working remotely and how it might affect where they decide to live. Two-thirds of the respondents said they would leave the region if asked to work from home permanently.
The Bay Area region is known for its high cost of living. In fact, San Francisco is the most expensive city in the US for homebuyers: only 18% of households are able to afford to purchase a median-priced home in the region,
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