Compilation of experts talking about california real estate prices and how they will be affected due to coronavirus. A lot of companies in silicon valley are looking at the trend of working from home. They are finding that the efficiency and productivity hasn’t dropped even with almost 100% of the workforce working from home during coronavirus. Twitter just announced that if the role permits they can work from home permanently. What does this have to do with california real estate prices?
Well due to high taxes and high employee wages there might be a trend of either moving completely away from California like Tesla might be doing in the next few months or they could start hiring from other states.
Some of the tax friendly states that are being talked about are Texas, Florida, Tennessee.