Services are in high demand as tech workers leave the region now that they can work remotely because of COVID-19.Entire companies are ditching their offices and moving their furniture into storage as they pivot to remote-first business models.It has major consequences for the region's future — and is great news for the businesses hauling their belongings.
Their comments add to the growing pile of evidence that COVID-19 and the associated wave of remote work will radically reshape Silicon Valley, the heart of America's tech industry, for years to come — including impacting the region's sky-high residential and commercial real estate prices. Moves associated with sales of family homes are down, he said. but there has been a major uptick in moves from apartments and shared properties. "Most of them move home, from where they were ... instead of paying $2,000 for their 20-square-foot apartment downtown, they're moving back home."
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Source: BusinessInsider - 🏆 729. / 51 Read more »
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