“… Which is why breathless talk of an “exodus” from California, fanned by a handful of techies with large Twitter followings, is overblown. Jennifer Rosdail, a longtime San Francisco estate agent, said that there was a window of “about six weeks” when the property market crashed. Today house prices are booming again as well-to-do workers return from their pandemic-inspired stays in the mountains of Montana or the countryside of France. The median price for a home in the city has soared to $1.9 million — higher than before the pandemic. “If you are selling your house here, there will be someone to buy it,” she says. “It was not an exodus. It was a vacation.'”
Cited article: thetimes.co.uk