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> ...and it doesn't seem like restaurants are disappearing from SF... Once they do start to disappear en masse the city will be a less desirable place to live
by UncleEntity 8y ago
> ...and it doesn't seem like restaurants are disappearing from SF...
Once they do start to disappear en masse the city will be a less desirable place to live in, rents will drop and restaurants will be able to move back in -- AKA the flip side of the law of supply and demand.
Right now there's a major imbalance with all the Silicon Valley folks wanting to live in the city causing the pricing structure to get all out of wack but eventually it will stabilize as these things tend to do. Just sucks if you're the one trying to keep a service oriented business running in the current market.