Rent price changes in San Francisco and Los Angeles over the past year tell a tale of two very different cities. San Francisco rents in January were up 13 percent from a year before, while the median rent in Los Angeles fell 1.8 percent during the same period, the San Francisco Chronicle reported, citing new data from Apartment List. San Francisco saw the highest rate since late 2019, while Los Angeles had the lowest rate since 2021. Supply is believed to be one of the biggest contributors to the gap between the two cities. “San Francisco has had a declining […]
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