Strawman my ass. The number of people fully working from home is going down. Period. Companies are bringing folks back to the office, in droves, that have been working fully from home for 2 years. That’s the whole point. What is this so hard to understand? If you claim fully remote workers were a significant factor in SD (or any other city’s) RE gains over the last 2 years, you can’t also claim that remote workers going back to the office won’t have a negative impact. You can’t have it both ways.[/quote]
Again, why does it matter for SD real estate, whether ?[/quote]
For the upteenth time, because it has been reported all over the media, and by folks at this site including you, that Bay area tech workers were moving down to San Diego in droves to buy houses during Covid and WFH. I’ve heard that same story in the media about many other cities besides San Diego, so not unique to San Diego. Whether that is actually a significant factor in Sd RE growth I don’t know. But if it is, that trend will reverse itself post Covid as the number of fully remote jobs goes down.[/quote]
Yes, and how will those people that already have commitments from the bay area companies to allow them to work remotely and have been doing this for some time, affect things? You really think all the sudden they are being called back into the office? Um no… Not even amazon…No one that I know that was given the option to work remotely for Amazon has that rescinded since Amazon’s soft back peddling… Perhaps you missed it. And yes, I know plenty of people that continue to work remotely at Amazon.
[quote]
For our corporate roles, instead of specifying that people work a baseline of three days a week in the office, we’re going to leave this decision up to individual teams. This decision will be made team by team at the Director level. We expect that there will be teams that continue working mostly remotely, others that will work some combination of remotely and in the office, and still others that will decide customers are best served having the team work mostly in the office. We’re intentionally not prescribing how many days or which days—this is for Directors to determine with their senior leaders and teams. The decisions should be guided by what will be most effective for our customers; and not surprisingly, we will all continue to be evaluated by how we deliver for customers, regardless of where the work is performed.
[/quote]
How many Amazon engineers do you personally know that relocated down here and that you know personally that has said they now move back?
