With increased access to wireless lighter weight and technology, demand for the laptop computers has increased substantially. Laptops have also become cheaper and easier to form as new technology has come online. Despite shift in the prices, demand has fallen.
San Jose office space was in very high demand and rents were very high during the high-tech boom in the late 1990s. With the national recession that began in the March 2001, how- ever, the market for office space in San Jose was hit very hard, with rents per square foot falling? In 2005, the employment numbers from the San Jose were rising slowly and rents began to rise again. Suppose for simplicity that no new office space was built during the period.