Economist Says More Bay Area Market-Rate Housing Needed, Not A MoratoriumSeveral Bay Area cities are considering a freeze on residential construction except for affordable housing. But at a Bay Area Council forum on the idea, a leading economist said that’s exactly the wrong response to the housing crisis.
Noted California Economist Expects Economic Boom To Soon Hit East BayChris Thornberg, founding partner of Beacon Economics, said businesses will eventually follow, as many people with jobs in San Francisco and Silicon Valley have already moved to the East Bay.
Tech Only Accounts For 8 Percent Of San Francisco Private Jobs Despite all the headlines about the surge in technology jobs in San Francisco, on report suggests the tech sector still makes up only a tiny percentage of the city's private jobs.
Social Media Boom Fuels Soaring South Bay RentsMore people want to live in San Jose thanks to growth in the technology sector fueled by social media, making the greater San Jose area one of the most expensive rental markets in the Bay Area.
Bay Area Home Sales Drop Near Record LowsHome sales in the San Francisco Bay area have dipped to their second-slowest pace in more than two decades.