[Apocryphon]

> I'll just say that not everybody has to live in SF, Seattle, Austin, or whatever the next desirable place is.

That's easy to say, but prior to the pandemic and the sudden shift to WFH, the trend was flying in the face of this droll advice. Tech hubs are consolidating. But since then, we've seen transplants buy up housing in other markets and simply spread the same issues of traffic and housing prices there too, as we've seen in markets like Phoenix, Boise, Salt Lake City, (though admittedly some of these are starting to fall). Take people out of Austin and they just end up flooding Nashville, or Raleigh, or Charlotte. New Yorkers are resettling in Philadelphia. Peter Thiel says Florida real estate prices are comparable to California now. And so on.