More than 40% of Bay Area tech workers would leave the area for somewhere less expensive if they were asked to work from home forever, a new survey found

  • More than 40% of Bay Area-based tech workers say they'd move to a less expensive city if they were asked to permanently work from home, according to a new study from job-search database Hired.
  • They survey found that 42% of Bay Area respondents said they'd leave, compared with 40% in New York and 33% in the UK. 
  • San Francisco is the most expensive US city for homebuyers, and only 18% of households are able to afford to purchase a median-priced home in the region.
  • Some tech companies have said their remote workforce will grow in the next several years. Twitter has offered the option for employees to work from home forever; Facebook has said employees may move outside of the Bay Area, but may take a pay cut.  
  • Visit Business Insider's homepage for more stories.

Faced with a permanent work-from-home situation, more than 40% of San Francisco Bay Area tech workers would leave the region, a new survey found. 

Job-search database Hired surveyed 2,300 tech workers based in New York, the UK, and the Bay Area. When asked what they'd do if they were told by their employer to work from home full-time, 42% of respondents in the Bay Area said they'd move to a less expensive city, and 47% of Bay Area respondents said their primary motivator for relocating to a new city would be a lower cost of living. 

See the rest of the story at Business Insider

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