2021
Bay area housing, the job market, and transportation could radically change in 2021. Employers and white-collar workers have discovered the potential and savings from working remotely. Early in the pandemic, I wrote of my observations of the change in the work status that was affecting the rental market. Google, Twitter and Facebook decided upon some form of mobile working. What the pandemic has provided is new efficiencies. We all know about the corporations and the owner billionaires that have moved out of the State of California. But, did you know that it has gone beyond technology? Lawyers, accountants, and journalists and other professionals have discovered that working from home has rewards. The shift is already putting stress on the finances of State and Local Governments. Builders and investors in residential and office construction have joined the shift. Office vacancy rates are expanding in the Peninsula. Commercial properties, like residential, are moving east of th