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For five years up until 2022, the housing vacancy rate in the largest U.S. cities fell from 9.3% to 7.3%. During that same period, the median sale price of a home in the U.S. jumped from $322,425 ...
In the United States, for example, according to the Seattle Times office space was "tight" in Seattle and Bellevue in 2013. [4] However, in 2023, the office vacancy rate in the United States had risen to 12.9%, which was seen as the highest ever since one data collection firm began tracking such statistics in the year 2000. [5]
Commercial building occupancy still hasn’t recovered from those days, with office vacancy rates reaching almost 20 percent — a record high — in April, according to Moody’s Analytics.
As of 2022, San Francisco had the slowest permitting process of any large city in the United States, with the first stage taking an average of 450 calendar days, and the second stage can take 630 days for typical multi-family housing, or 860 days for a single-family house. [17]
In the prior quarter, as Fortune previously reported, the office vacancy rate had already reached 19.8%, which was 50 basis points above recessionary peaks recorded in 1986 and 1991, according to ...
According to Hammett, Sam Spade's office was located on the 5th floor. [citation needed] As of May 2023, during what the San Francisco Chronicle described as "Downtown San Francisco['s] worst office vacancy crisis on record," 111 Sutter Street had a vacancy rate of 43.9%. [9]
In the summer of 2023, the Chicago Housing Authority (CHA) board approved a significant salary increase for its CEO, Tracey Scott, raising her annual compensation to $300,000. [47] This raise, supported by the CHA board, notably exceeds the federal salary cap for public housing authority executives, which is set at $176,300 according to the ...
Most cities have homeless problems and lots of vacant housing units, but everything is magnified in San Francisco. Last year, there were 7,700 people living in shelters or on the street in the ...