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Rents in Silicon Valley Cities Jump More Than 10%
Landlords are raising their rents to the tune of 15.9% year-over-year in Silicon Valley cities like Palo Alto knowing there will still be healthy demand for their homes. The San Jose Business Journal publishes data from RealFacts Inc. which shows dramatic increases in rent. The article covers San Jose, Sunnyvale, Mountain View, Santa Clara, Campbell, Cupertino, Palo Alto, and other cities in the area.
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