Zumper Attributes a Third of San Francisco’s High Rents to VC Funding


The San Francisco Business Times reports on a recent Zumper analysis that attributes a third of San Francisco’s legendary rental rates to the spending of venture capital on firms in the Bay Area. As the Business Times notes, when firms get funded, they hire. At the same time, this increase in cost of living makes it more difficult to hire, so maybe there are actually limits to San Francisco’s soaring rental rates.