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Updated over 8 years ago on . Most recent reply
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San Francisco Landlords Gird for Slowdown as Startup Frenzy Ebbs
"The city’s office-vacancy rate jumped in the second quarter by the most since the last recession, while the amount of space available for sublease almost doubled, according to a report to be released this week by brokerage Cushman & Wakefield Inc. New lease deals have tumbled so far this year."
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what's really strange, to me, is the discombobulation between the video and the write up in that Bloomberg article. Watch the video and it's almost upbeat: emphasis on a mild correction, not a crash, and mostly pointing out the good aspects of the market. Now read the article and it reads much more pessimistic, with almost exclusive emphasis the negatives, with only the last two paragraphs attempt at moderation.
Moral of the story: spin, spin, spin...but at the end of the day it's your choice how you want to interpret the information!