The Pandemic Recovery Index shows San Francisco ranks 24th out of the 25 largest economic regions in the country. San Jose fared much better, coming in at number 16.
declared a state of emergency, implemented mask requirements and issued a stay-at-home order.
"We also have an affordability crisis, a housing affordability crisis and that paired with this concentration in tech, made it very easy for workers who no longer had to commute or come into an office to say hey, I’m going to go to Austin, TX where I can afford a single-family home for $400,000," said Raisz.
"They’ve invested a lot of money in their campuses there. They’re sort of older, more mature. So, it didn’t make a lot of sense to fully pivot to remote work when the pandemic hit," Raisz said.
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