[Consultant32452]

I would like to offer a more nuanced position. People bring many attributes/abilities to work which have value. These include knowledge, integrity, communication, personality, etc. In the past, being willing/able to live in a place like the Bay Area was one of those attributes. Now that one attribute is less valuable. But the rest of the value proposition hasn't changed.

I understand why a person who REALLY wants to live in the Bay Area would be concerned about that. But for most of us in the world, not much is changing. In fact, salaries for the rest of us might go up because demand for our labor will go up.