As “Rent Spreads” Shrink, Will Exodus End? Rents in San Francisco, Silicon Valley at Multiyear Lows, but Soar in Sacramento, Fresno, Lake Tahoe Area

People’s reaction to the changing work environment during the Pandemic, particularly to the sudden explosion of unemployment and the switch by major companies and government entities to working from home, have thrown the apartment market into total turmoil, with people leaving large expensive city centers and moving to distant locations, or just moving further afield into smaller towns or the mountains.

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