<story><title>Tracking the San Francisco Tech Exodus</title><url>https://sfciti.org/sf-tech-exodus/</url></story><parent_chain><item><author>godot</author><text>It&amp;#x27;s somewhat interesting that some numbers are based on the bay area (drop in bay area tech workers inflow&amp;#x2F;outflow, what percentage of bay area workforce will remain remote), while other numbers based on San Francisco alone (drop in SF residents, SF GDP, business tax revenue, etc.).&lt;p&gt;I know that outside of California, the world views &amp;quot;SF&amp;quot; and &amp;quot;the bay area&amp;quot; mostly as one and the same. Based on anecdotes I feel like this doesn&amp;#x27;t tell the full story, though maybe it does give you a high level overview (like this site does).&lt;p&gt;Among both personal friends and coworkers, ex-coworkers (from a decade+ of working in the bay area) -- surely there are people who move out of state (to Denver, Austin, Miami, etc.); but the more common trend is -- people who used to live in SF are moving out to the east bay &amp;#x2F; surrounding areas; and people who were already in the east bay before move even further away (Sacramento area, etc.). Another interesting bit -- Sacramento doesn&amp;#x27;t get talked about in tech circles and sites like this and related articles, because it&amp;#x27;s not supposed to be the &amp;quot;next sexy tech town&amp;quot;, but in reality is a &lt;i&gt;lot&lt;/i&gt; of people have moved here since the pandemic, both tech and not. I moved here before the pandemic, and witnessed the housing market rise more than the east bay (where there&amp;#x27;s already an influx of SF people moving to) this past year.&lt;p&gt;All I&amp;#x27;m saying is there&amp;#x27;s a lot of nuances in this general exodus!</text></item></parent_chain><comment><author>dotBen</author><text>Keep in mind SF.citi is a policy advocate&amp;#x2F;lobbying group for San Francisco legislation rather than the Bay Area more generally.&lt;p&gt;But they blend in wider Bay Area population stats because this is really about jobs that generate SF payroll tax which gives these employers a tacit say and leverage.  Remember if you live in Oakland or Redwood City but are employed in San Francisco city&amp;#x2F;county, some of your payroll tax is being generated to benefit the city of San Francisco even if you are not a resident there.&lt;p&gt;That&amp;#x27;s why SF City is worried about SF based businesses and SF Bay Area workers.&lt;p&gt;&lt;i&gt;(BTW this is also why cities such as Mountain View and Cupertino want to attract large business campuses like Google and Apple but don&amp;#x27;t want to build homes - they get more income from growing payroll tax but don&amp;#x27;t then have to spend more on schools, services etc for a growing population - they shift the burden onto other cities and counties that house those workers as they then have to generate tax revenue from other means)&lt;/i&gt;</text></comment>
<story><title>Tracking the San Francisco Tech Exodus</title><url>https://sfciti.org/sf-tech-exodus/</url></story><parent_chain><item><author>godot</author><text>It&amp;#x27;s somewhat interesting that some numbers are based on the bay area (drop in bay area tech workers inflow&amp;#x2F;outflow, what percentage of bay area workforce will remain remote), while other numbers based on San Francisco alone (drop in SF residents, SF GDP, business tax revenue, etc.).&lt;p&gt;I know that outside of California, the world views &amp;quot;SF&amp;quot; and &amp;quot;the bay area&amp;quot; mostly as one and the same. Based on anecdotes I feel like this doesn&amp;#x27;t tell the full story, though maybe it does give you a high level overview (like this site does).&lt;p&gt;Among both personal friends and coworkers, ex-coworkers (from a decade+ of working in the bay area) -- surely there are people who move out of state (to Denver, Austin, Miami, etc.); but the more common trend is -- people who used to live in SF are moving out to the east bay &amp;#x2F; surrounding areas; and people who were already in the east bay before move even further away (Sacramento area, etc.). Another interesting bit -- Sacramento doesn&amp;#x27;t get talked about in tech circles and sites like this and related articles, because it&amp;#x27;s not supposed to be the &amp;quot;next sexy tech town&amp;quot;, but in reality is a &lt;i&gt;lot&lt;/i&gt; of people have moved here since the pandemic, both tech and not. I moved here before the pandemic, and witnessed the housing market rise more than the east bay (where there&amp;#x27;s already an influx of SF people moving to) this past year.&lt;p&gt;All I&amp;#x27;m saying is there&amp;#x27;s a lot of nuances in this general exodus!</text></item></parent_chain><comment><author>gopalv</author><text>&amp;gt; Sacramento doesn&amp;#x27;t get talked about in tech circles and sites like this and related articles, because it&amp;#x27;s not supposed to be the &amp;quot;next sexy tech town&amp;quot;, but in reality is a lot of people have moved here since the pandemic, both tech and not.&lt;p&gt;Sacramento also has a train line that takes you to Santa Clara, which is better than driving - this has made it a better choice for a few of the folks to consider that over Dublin or Pleasanton in the most recent migration (Amtrak is close to a lot of hardware-lab specific jobs like Nvidia, Lockheed, Marvell, GlobalFoundries and Arista), though that connectivity might shift if BART finally loops around to SJC.&lt;p&gt;Also Sacramento has good schools, decent federal funding pull (over say Tracy) and an airport with a few direct flights from Seattle or NYC.&lt;p&gt;The only downside pretty much is the weather in comparison and that too not by much.</text></comment>