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Real estate future in Bay area and tech cities

A lot of tech companies are now offering work from home options to their employees. I am wondering if this impacts real estate prices in bay area or in Seattle where tech companies' presence is huge. An employee can live in North Carolina and didn't need to move to bay area due to high real estate prices. If this trend continues, not a lot of people will move to tech cities which may result in housing prices drop.

submitted by /u/Magneto09149
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source https://www.reddit.com/r/RealEstate/comments/guf4is/real_estate_future_in_bay_area_and_tech_cities/
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