Peter Thiel speaking at the Bitcoin 2022 Conference in Miami
Peter Thiel said he won't move his offices to Florida due to high real estate prices and interest rates.
  • On a recent podcast appearance, Peter Thiel said he doesn't plan to move to Florida.
  • Home prices in the state have been on the rise after tech workers flocked to the state during the pandemic.
  • "That kind of economic cost is probably not enough to offset all the wokeness in the world," he said.

Peter Thiel isn't hopping on one of the hottest trends of the tech elite that has emerged over the past few years: migration away from Silicon Valley, and, in particular, to Florida.