Rents rising faster in tech hubs than in rest of US


SAN FRANCISCO: San Franciscans have long blamed the technology sector for rising rents. Now, a study from real-estate company Trulia backs them up. 

Rents are rising faster in US tech hubs than in the rest of the country, Trulia said in a report released Thursday. In January, it said, rents rose 3.3% in the nation's 100 biggest metropolitan areas in January, but they rose by an average of 5.7% in the 10 biggest tech hubs. 

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

rent , tech hubs , San Francisco , Google , Facebook

   

Next In Tech News

Men or bears? Women’s safety debate pops on social media
Bukit Aman: 49 cases of NSRC officer impersonation scams being investigated, RM6.79mil lost
Fahmi: WhatsApp chatbot feature being developed to combat fake news
Trucker was watching Netflix in crash that killed grandparents, US cops say. He’s charged
Google unveils AI for predicting behaviour of human molecules
Microsoft’s Xbox�is planning more cuts after studio closings
Sperm whale speech – with ‘alphabet’ – is decoded. What other animals can AI translate?
US judge grills Apple exec about whether company is defying order to enable more iPhone payment options
Fahmi: App provider Telegram ready to work together to fight digital piracy
Delivery app Getir’s rise and fall fuelled by billions of dollars and strategy conflicts

Others Also Read