This is great. I've always been an advocate for companies to set themselves up as remote first, even if they have an office, so that people who are remote can still be just as involved.
One thing I predict happening if this becomes widespread is a reversion to the mean on salaries. I think the pay for people outside the Bay Area will go up and inside the Bay Area it will go down, as being in the Bay Area will no longer be nearly as essential.
This will have a nice second order effect on Bay Area real estate prices, bringing them closer in line to reality (but we will still have all the problems of massive undersupply, because it's just a nice place to live, tech employee or not).
One thing I predict happening if this becomes widespread is a reversion to the mean on salaries. I think the pay for people outside the Bay Area will go up and inside the Bay Area it will go down, as being in the Bay Area will no longer be nearly as essential.
This will have a nice second order effect on Bay Area real estate prices, bringing them closer in line to reality (but we will still have all the problems of massive undersupply, because it's just a nice place to live, tech employee or not).