IN BUSINESS NEWS… WHILE RENTS IN SAN FRANCISCO HAVE PLUMMETED DUE TO THE CORONVIRUS, SILICON VALLEY RENTS SEEM TO HAVE FALLEN LESS DRAMATICALLY.
A RECENT STUDY INDICATES LARGE APARTMENT COMPLEXES LOCATED NEAR TECH GIANTS DO HAVE VACANCIES AND DISCOUNTS. BUT BY COMPARISON, RENTS FELL 18-PERCENT IN SAN FRANCISCO IN JANUARY BUT IN CAMPBELL RENTS FELL ONLY 3-PERCENT.
ACCORDING TO A SURVEY BY “ZILLOW” THE PERCENTAGE OF APARTMENTS GIVING DISCOUNTS INCREASED FROM 16-PERCENT IN FEBRUARY TO 30-PERCENT IN JULY.
