Google just announced WFH. Will Bay Area real estate crash?

Google
sTQz85

Go to company page Google

sTQz85
May 5, 2021 419 Comments

Google allows 40% of its workforce to WFH.

8396 PARTICIPANTS SELECT ONLY ONE ANSWER
VOTE VIEW RESULT

comments

Want to comment? LOG IN or SIGN UP
TOP 419 Comments
  • Google
    UJFi73

    Go to company page Google

    UJFi73
    No they didn’t. They said wfh for 20% and up to 20% can transfer if their PA allows. Stop spreading fake rumors
    May 5, 2021 25
    • NVIDIA
      tuxedomask

      Go to company page NVIDIA

      tuxedomask
      @NextRoll I agree with you on most points there, but... there is a reason that many of those stories come from Florida and the reason is that all the police records are available publicly, while SF is afraid to publish data on the crimes committed on BART and on all the drug usage.
      May 6, 2021
    • Apple
      jobs224

      Go to company page Apple

      jobs224
      guess what, whenever I talk to customer service people who are in Florida, or Utah, or New Hampshire, they sound really happy and stress-free. Some told me they only need to spend $1500 per month and his apartment is like $700 per month.
      May 7, 2021
  • Juniper
    modobestia

    Go to company page Juniper

    modobestia
    Everyone who is banking a high TC should pray that tech companies never go full remote although I think this is inevitable. If the labor market goes 100% remote there is little to differentiate between you and someone in a dirt cheap geo happy to work 7-11-7. Everyone in the Bay Area loves to believe that they are the elite and don't recognize that there are incredibly talented tech people in other countries that will work for a fraction of your TC due to LCOL and/or lower taxes. The Bay Area doesn't have a monopoly on leetcode and the barrier to entry is not as high as you believe. Your options will be to take a lower TC to compete or move to a LCOL location yourself. Hybrid, even one day per week, is the best compromise.
    May 5, 2021 16
    • NVIDIA
      blockIdx

      Go to company page NVIDIA

      blockIdx
      Export control for one thing in tech
      May 6, 2021
    • Google
      ZE_GOOGLES

      Go to company page Google

      ZE_GOOGLES
      Nah. Outsourcing tech/IT to supposedly save on labor as been a thing for some time, and results are mixed to negative despite having been tried a near infinite number of times. If Big Tech goes full TC is bound to keep skyrocketing as he major players try to out compete each other for various WFH perks.
      May 6, 2021
  • Google is not going to do wfh ..
    May 6, 2021 11
  • Volvo / R&D
    gamaken

    Go to company page Volvo R&D

    gamaken
    Nope, Google already bought like half of it lol
    May 5, 2021 1
  • Intuit
    gpt_3

    Go to company page Intuit

    gpt_3
    Google just went hybrid, again, after some flip flop. Which just means that prices in tri valley, Gilroy, south San Jose and all those far off nicer areas are going to go up even more!
    May 6, 2021 4