Bay Area Slowest Expanding Area In US
Orig Post Biznow.com | Re-Post MNM Partners, LLC 5/18/2016
The era of hypergrowth in Bay Area expansion is over. Though the region saw a sustained outward growth since 1940, the trend fell to a trickle in the 2000s.
The Greater San Francisco market has slowed considerably, according to data from BuildZoom. Expansion rates have fallen 75.4% since the ’70s, making the Bay Area the “the slowest expanding metropolitan area in the United States.” The national average fell by just 15.3% during the same period.