Santa Clara County boasted $552 billion in property. Then COVID hit

Santa Clara County boasted $552 billion in property. Then COVID hit

4 years ago
Anonymous $rxtAWepgzY

https://www.mercurynews.com/2020/10/03/santa-clara-county-boasted-552-billion-in-propery-then-covid-hit/

Just call it the $552-billion county. At least, that’s what it was before the coronavirus pandemic struck.

A new report released by the Santa Clara County Assessor’s Office this week provides an in-depth look at Silicon Valley at the apex of a historic, 10-year boom, just before COVID-19 upended everything. As of Jan. 1, 2020, the assessed value of all property in the county totaled a staggering $551.5 billion — up nearly 7% from the year before.

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