Pandemic creates “weird boom time” for some Bay Area remote workers [The Cupertino Courier, Calif.]
Jan. 10 Millions of California workers have faced at least one of two gut-wrenching situations this past year: losing their jobs or risking their lives by showing up in person at work during a pandemic.
But for the others the “work-from-home” contingent things have been, well, mostly fine.
“My career, knock on wood, is taking off,” said Penny Bailey, a recruiter at a San Francisco-based startup that builds software for online teamwork. Bailey got her new job and a raise three months into the pandemic. “I feel really good about my income, and that’s new for me. That contrast isn’t lost on me. I feel this weird guilt.”
Seattle rents fell in 2020, while renters in outlying areas saw costs climb By Heidi Groover, The Seattle Times
Published: January 9, 2021, 3:12pm
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Rents in once sought-after Seattle neighborhoods like downtown and South Lake Union nosedived in 2020. Outside the city in less expensive neighborhoods, renters weren’t so lucky.
Across King, Pierce and Snohomish counties, rents dropped 3% compared with 2019, the biggest drop since the Great Recession.
Yet while average rents fell 14.2% near Lake Union, they rose 5.7% in Puyallup, according to December data from CoStar, which tracks commercial real estate and apartment rents.
Rents were down 6% in Ballard and up 4% in Tacoma. The $1,670 average asking rent for central Seattle, which includes Capitol Hill, is nearly matched by the $1,611 rent in outlying Pierce County, according to CoStar. (The data reflects average asking rents on apartments of all sizes, primarily in large apartment buildings.)
These Houston suburbs see spike in apartment rents, says new report
These Houston suburbs see spike in apartment rents, says new report Rents in apartments such as Brazos Ranch in Rosenberg are on the rise. Renters, take note: While apartment rents in Houston are falling, apartment rents in some suburbs are rising. In fact, rents have gone up in five of the 11 largest cities in the Houston metro area. A report released December 28 by Apartment List shows Houston posted the region’s biggest decrease in rents within the past year: 3.5 percent. The median rent for a one-bedroom apartment in Houston stood at $900 a month; for a two-bedroom apartment, it was $1,070.
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