LA, San Francisco improve for broader business reopening | Business Ap


FILE – In this April 2, 2020, file photo, a sign advising people to stay home due to COVID-19 concerns is displayed at a MUNI bus stop in San Francisco. The city has suffered a large exodus, both in housing and people working in offices. When the lockdown order came in March 2020, an estimated 137,500 workers for companies that include Google, Facebook and Uber, seemingly vanished overnight. Moving vans carted off entire households for roomier suburban homes and younger people simply packed up their cars and left since they could work from anywhere. Residential rents plummeted, but are now climbing back up. Rent prices have gone down 10% in San Francisco but remained stable in Los Angeles.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *