San Francisco Chronicle Business & Technology News - Spoken Edition

Apple, Tesla, Salesforce add huge sums to soaring Bay Area property rolls


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The assessed value of all Bay Area property soared to $1.72 trillion in 2018-19, up 7.8 percent from last year despite wildfires that destroyed thousands of homes and businesses in Sonoma and Napa counties. This year’s growth in assessment rolls beat last year’s 7.4 percent increase, thanks to a strong economy, fast-rising property prices and frenetic construction.
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San Francisco Chronicle Business & Technology News - Spoken EditionBy San Francisco Chronicle