General

Technology Industry and Housing Market Crisis: California

The technology industry is one of America’s most advanced and fastest growing industries. It is a department that contributes greatly to global innovation. During the pandemic, growth and recruitment activities in the department increased wildly. However, since then the branch has been plagued with serious problems. The “tech recession” has begun as monetary policy tightens, pandemic-induced online activity declines, macroeconomic uncertainty increases, and valuable tech financial institutions collapse.