Hi-Tech Companies Leaving Expensive San Francisco

High-tech companies are leaving San Francisco for less expensive U.S. and Canadian cities.

1 minute read

March 3, 2002, 9:00 AM PST

By Abhijeet Chavan @http://twitter.com/legalaidtech


San Francisco is the most expensive North American city for a high-tech company do to business...For example, a company relocating to Baltimore from San Francisco would see a savings of about 21 percent...And as if that's not incentive enough for companies to relocate, an increase in government spending on defense, centered in the metro Washington, D.C., area, and the lure of cheaper operating costs north of the U.S. border, are about to siphon more business out of Northern California."

Thanks to Abhijeet Chavan

Friday, March 1, 2002 in CNET News

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