[greiskul]

When looked at a macro scale, any region, even a small town, has to import stuff into it's economy, and has to get dollars from out of the region to pay for the imports. This can come from exporting things, be it raw resources or manufacturing, tourism, or exporting services (which is how I would describe a huge part of the SF and NY economy).

Remote work allows people that work in exporting services to live anywhere. They bring cash into the economy, and any town with a good sense of economics should be trying to bring those people in. Might they temporarily raise prices in the town they move to? Yeah, but they moving out of a big city also lowers prices in that big city, what about the folks that were outpriced there, and now might have some breathing room?

[JohnFen]

So what do you do about all of the people who are now poor because the cost of living increased, and who can't afford to move elsewhere?