Oakland's Apartment Rents Plummet, Surpassing National Average Drop
TL;DR Summary
Oakland is experiencing the largest decrease in apartment rents among the top 100 cities in the US, with a 7.2% drop in median prices for one-bedroom apartments compared to the previous year. This decline is attributed to people leaving urban areas during the pandemic in search of more affordable or spacious housing options.
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- View Full Coverage on Google News
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