[godot]

I agree with you and GP; I'm just pointing out that the article does mention it as a primary reason:

> Experts have said the Bay Area’s high housing costs and remote work policies, particularly for the tech industry, fueled out-migration during the pandemic, as residents sought cheaper homes and more space. Almost all California coastal cities lost population, while the more affordable Central Valley and Inland Empire saw gains.

My observation from the discussion here is that there are a lot of people here still raving about city life (especially as pandemic tapers down) and how people are moving back in, etc. I think it's suffice to say everyone has a different living preference, and remote work enabled people who otherwise didn't want to live here, to move away, which in turn also opened up some spaces for people who wanted to live here but found it too expensive, to move in. The real question is probably how the numbers work out. Are there a lot more people who wanted to move away and are doing so now? If so, home prices and rents would drop. If the opposite is true or the numbers are about even, then prices wouldn't drop or would drop less.