Where California Relocations Happen
Most corporate activity clusters in a few metro areas: the San Francisco Bay Area and Silicon Valley for technology, San Diego and the Bay Area for biotech and life sciences, Los Angeles and Orange County for entertainment, aerospace and professional services, and Sacramento for state government and a growing tech presence. Each market has its own housing prices, commute patterns and school options, so a transferee heading to San Diego needs different guidance than one heading to San Jose.
Movement also runs the other way. Many employees leave California for lower-cost Western states, a pattern we covered in where California residents move. If your company transfers people both into and out of the state, the policy needs to work for both a buyer arriving at Bay Area prices and a homeowner leaving with significant equity.