As rent decreases in California’s tech hub, it’s increasing in Sacramento
More people are moving out of big cities and heading towards surrounding areas, like Sacramento. The transition is driving rental prices up in counties like Sacramento, while rent in areas like San Francisco is going down. A recent report from Realtor.com shows rent is decreasing in California’s urban tech hubs. For example, rent for studio apartments in San Francisco dropped 31% compared to last September. Santa Clara, San Mateo and Alameda also made the top 10 decreases for counties across the country. Get the full story in the video above.
