Be that as it may, the point of the article is that San Francisco, and by extension other popular cities that have undergone real estate booms, will eventually

Be that as it may, the point of the article is that San Francisco, and by extension other popular cities that have undergone real estate booms, will eventually turn into largely empty concrete shells populated by increasingly older elites who despite their wealth won't be able to buy a bagel or dry clean their coat anymore because of unfavorable labor market economics.