Yes, these and related issues combined with the insanely high cost of living are causing a lot of people I know to leave (or plan to soon leave) the bay area to work remotely. People have lost hope things are going to improve because the policies the local government enacts to 'help' fix things keep triggering second-order consequences that make things even worse.

I don't live there anymore but used to like visiting quite often. Now I avoid it whenever I can which is sad.