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It's still early to know the volume of tech workers leaving SF & where exactly they're going but here's a taste of what's happening in Bozeman, Park City and Boise https://www.wsj.com/articles/tech-workers-take-to-the-mountains-bringing-silicon-valley-with-them-11604242802
Some pluses: more tax revenue & more talent, who might go on to start companies of their own that create jobs. Some negatives? Cost of housing! Park City pulled in $1.49 billion July-Sept 
And in Bozeman, inventory plunged from 477 homes for sale in Sept 2019 to 164 in 2020
And in Bozeman, inventory plunged from 477 homes for sale in Sept 2019 to 164 in 2020
Also something to keep an eye on: effects on wages. Head of HR for a Boise-based tech co told me that people are moving in from SF and Seattle w all different levels of compensation. And now their own employees might be able to get jobs w big tech cos w/o having to leave Boise
The Boise co has only lost a handful of employees to big tech cos in SF and Seattle so far but they anticipate this could be a big issue going forward. âLast year I would have said, yeah, I feel really good weâre paying market,â she said. This year? Market rate is out the window!
