How coronavirus may cut "superstar" cities down to size

“If the beneficiaries of remote work expand to the next top 25 places, "that would be extremely helpful to other smaller places if cities in their state were truly vibrant," Muro said. ‘There's a cascading benefit.’”

According to Brookings, in 2017, 90% of the nation's tech-sector jobs had concentrated in the top five innovation cities —Boston, San Francisco, San Jose, Seattle and San Diego.

Now, I doubt there will be a residential real estate bear market in the top cities since plenty will still want to move in and existing residents will seek to exploit value opportunities

“When the market restarts, buyers in studios will reach up to one-bedrooms. Two-bedroom folks are going to be spreading their wings to the three-bedrooms. Cash buyers will feel emboldened by their sexy cash position and will be looking for a good deal. At every price point, buyers will be looking to expand their footprint.”