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Bay area rents rose far higher and far faster than most other places. So they had the furthest to fall.
by compiler-guy 6y ago
Bay area rents rose far higher and far faster than most other places. So they had the furthest to fall.
- rgbrenner 6y agoAlso being Silicon Valley, they have more companies than average that were well positioned to wfh. And with high rents, people are more likely to live in a smaller apartment, making wfh even more uncomfortable... making them even more likely to want to leave.