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A comment on San Francisco, Silicon Valley rents plunge amid downturn. Parent comment

Re:San Francisco, Silicon Valley rents plunge amid downturn by jedberg on Monday June 01, 2020 @01:52PM (#23381455)
During the last downturn in 2008, only the highest rents in SF dropped. The rest of the Bay Area just stayed flat for a few years.

This downturn may be different because of the shift to work-from-anywhere in tech, but it will be interesting to see. A lot of people like their tech offices, with their free lunches and snacks and gyms and coffee and so on.

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Re:San Francisco, Silicon Valley rents plunge amid downturn by mv4 on Monday June 01, 2020 @03:44PM (#23382856)
People liking their tech offices won't be the deciding factor here. The tech companies like the prospects of hiring people on completely different terms now, outside of the Bay Area. Expect things to change dramatically.
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