Low rents in Manhattan and San Francisco spotlight urban exodus trend - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The one good thing in 2020 was suddenly cheap rent in Manhattan and San Francisco — but the bill could be up for cities soon

The same applies to San Francisco. Large tech companies that completely dominate the Bay Area have

utilizing United States Postal Service records found that 110,978 people moved away from Manhattan between February and July this year — a near 500% increase compared to the same time period in 2019. Almost 30,000 left San Francisco between February and July. "The stereotypical scenario is that a young professional couple starts having kids and then they move out to the suburbs," Miller separately told. "You took what would be a natural trend and compressed fived years into about three months of outbound migration."

A rider wearing a protective mask stops in front of several closed restaurants amid the coronavirus pandemic on April 21, 2020 in New York City.Frank Donnelly, a Geospatial Data Librarian at Baruch College, told MyMove that "migration from New York City has been a long-term trend." Plummeting rents just magnify the urban exodus that's been happening all along.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Inside Bombardier's new $9.9 million private jet: Learjet 75 Liberty - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. wow Yeeee beautifully No thx, I’ll always fly commercial biz class! These planes destroy our planet!
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Billion Dollar Loser book: Inside WeWork CEO Adam Neumann's Summer Camp - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. reeveswiedeman Poca bebida. reeveswiedeman I remember working in the building and hearing about the quote when the campers returned, from Rebekah Neumann 'A big part of being a woman is to help men manifest their calling in life.'
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

MoneyGram's COO took us inside the company's digital transformation - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Billion Dollar Loser book: Inside WeWork CEO Adam Neumann's Summer Camp - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. WeWork Tommy Wiseau?
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Inside Quibi's $1.75 billion rise and six-month fall - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Forget about Quibi. My website doesn’t spy on you and everything is free to watch. www. Meg Whitman ruined HP, she ruined Aquino, and she didn’t do much at PayPal.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

An Inside Look At This CEO’s Refreshing Way Of Doing Business In The Beverage IndustryFor Certified Holistic Educator, Raw Food Chef, Plant-Based Nutritionist, and Founder of organic juice brand Garden of Flavor Lisa Reed, it’s all about the juice.
La source: Forbes - 🏆 394. / 53 Lire la suite »