Remote work (which isn’t just tech, though perhaps more in tech) is a factor, both in people being able to move out and in people not moving in.
Probably an exaggeration to call it the leading cause, though, curtailment of immigration and accelerated retirements compounding the existing trend of taking retirement savings to move somewhere lower CoL are big factors.
Probably an exaggeration to call it the leading cause, though, curtailment of immigration and accelerated retirements compounding the existing trend of taking retirement savings to move somewhere lower CoL are big factors.