Steven Huang | December 12, 2022
Silicon Valley
Most people take their local businesses for granted. In fact, stores and restaurants play an important role in your quality of life.
A 2018 University of Washington analysis of data from Oakland the found that higher level of commercial activity may actually deter criminal behavior in denser urban communities. If you're a homeowner, the vibrancy of your local retail area has a direct impact on your home value. CivicEconomics found that neighborhoods with thriving independent businesses saw home values outperform citywide markets by 50 percent in its over 14-year study period.
So how do we support local businesses? New York Times suggest the following:
Participate in Community Efforts. Plan and attend local events at local marketplaces.
Ascend Real Estate team started a series of local business highlights and give-aways. Check out our YouTube! Also, follow us on Instagram, Facebook and LinkedIn to check out some amazing small businesses. Know one we should highlight? Give us your suggestions!
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