While New York City has held steady at the top of the list for 15 years, San Francisco's housing market tells a different — though also expensive — tale for renters.
According to the study, San Francisco is the 11th-most populous market in the US. Despite not ranking in the top 10 by size, in 2014, the San Francisco metro area shot up to No. 3 on Zillow's ranking of the largest US metro areas where residents spend the most on rent. It has maintained its No. 3 ranking for the past six years.
The area's rising popularity and influx of tech jobs have caused real estate prices to skyrocket. In November 2019, Business Insider's Aria Bendix that over the past decade, the tech industry in San Francisco grew by 57%. From 2007 to 2017, San Francisco's average rent increased by 25%.
It's what we like to call, the trickle up effect
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
The 10 unhealthiest cities to live in the US in 2020, ranked - Business InsiderThe 10 unhealthiest American cities to live in, where residents are stressed, worried about money, and unsatisfied with their health realDonaldTrump we gotta resolve this asap
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
The US wants to crack down on untrained support animals on flights - Business InsiderThe Department of Transportation on Wednesday proposed rules Wednesday to limit emotional support pets' classification as trained service animals. Now do support assault weapons/guns. Wasn’t there a song about spiders and snakes? Jim Stanford. Most peoples would not appreciate a gift of a spider or a snake. Or one caged or uncaged on a plane. Best news ever...farken snowflakes...tsk.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Experts question whether China can fulfill phase-one trade promises to the US - Business Insider'The numbers are even more unrealistic than first believed,' said Chad Bown, a trade policy expert at PIIE. Democrat experts?
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
How much the US minimum wage and its actual value has changed - Business InsiderThe federal minimum wage has risen over the years, but not nearly enough to keep up with inflation and the skyrocketing cost of living.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Greta Thunberg can lecture US after studying economics, Mnuchin says - Business Insider'Is she the chief economist or who is she? I'm confused,' Mnuchin joked about the Swedish teenager's call for America to quit fossil fuels. Ew, please don't hurt my eyes. She has been placed by Soros and Al gore stevenmnuchin1 isn’t qualified to wipe my arse. Next.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »
Huawei victorious as UK government defies US calls to freeze out Huawei's 5G tech - Business InsiderIt looks like Huawei is about to score a big triumph over Trump, with the UK ready to let it build some of its 5G tech SAI Although he conned the foolish people that voted for him in 2016, and even greater decided not to vote at all. He's still light-years from the 'stable genius and deal-maker' he claims to be. Unfortunately, for all of us, this article proves my point. AdriaanBasson Brexit a bust? UK leaves then gets dropped by US. Whoops I'm a limey. AdriaanBasson Bwhagaha. Look at the choice of pics. Predictable
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »