Silicon Valley Mercury News/Pete Carey, 4/16/12 "Bay Area Renters Squeezed in Tight Market."
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| Guess I can afford to live Pacifica and commute |
A surge of tech hiring and the aftereffects of the housing crash are
filling up apartments in Silicon Valley and pushing renters toward the
East Bay, where rents also are rising and vacancies dropping, according
to a new housing report.
Natalie Gonzales has been looking for an apartment or home to rent in
the East Bay for six months, and she's ready to give up and stay put in
Pacifica.
"I feel like it's impossible to find a decent place for a good price," she said. Read article.
Reference - Silcon Valley/San Jose Business Journal, 1/6/11. "San Jose seen as #1 US rental market." "The stage is set for a big bounce in rental pricing during 2011,
according to a report Thursday, with San Jose pegged as the top market." Read article.
Posted by Kathy Meeh
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