the show. he took a deep look at this. how high is the vacancy rate? >> according to the latest statistics, the officialhat is also available for sublease, it is around 25 million square feet of space available in the city. this is something that there is a historic amount of space for lease on the market. kristen: when dictate -- when did things take a downturn like this? what happened? >> the pandemic happened. we have a very tech and software heavy economy. when the pandemic hit, a lot of those companies want remote. they dumped office space or left the city entirely. they switch to remote friendly or hybrid work schedules. far fewer people are coming into offices. about 30% of the people that were commuting before the pandemic are not going to offices. if these trends continue, it could mean real problems. kristen: you sent us a graphic that was part of your story. looking at the other big cities in america as well in terms of how much valuations have gone down. walk us through where san francisco stands. >> san francisco was the worst city that this research team looked at. it looked at eight major