- Artists are being forced out of San Francisco by the high-rent dot-coms. “Estate agents in San Francisco say that in the past 12 months rents for prime start-up space have doubled from about $45 per square foot to $90 per square foot. According to official statistics less than 1% of commercial real estate in San Francisco is unoccupied. The organisations that can least afford higher rents have been hardest hit. Non-profit organisations such as charities and the city’s artistic community are being forced out of their space.” – London Evening Standard 09/01/00
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