The average rent for a one-bedroom apartment in San Francisco fell 11.8% year over year in June, following a 9% year-over-year drop in May. Tech companies like Twitter and Facebook are embracing remote work on a long-term basis, leading some tech workers to leave the city as they will no longer need to commute to an office.Rising unemployment thanks to the coronavirus pandemic and lockdown may als
![San Francisco apartment rent prices are dropping fast as tech companies embrace remote work and unemployment rises](https://cdn-ak-scissors.b.st-hatena.com/image/square/83ef5a935875d329fdc42cc308c0bf2940f08374/height=288;version=1;width=512/https%3A%2F%2Fimage.cnbcfm.com%2Fapi%2Fv1%2Fimage%2F106004126-1562333829839gettyimages-811025648.jpeg%3Fv%3D1698691763%26w%3D1920%26h%3D1080)