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Actually, San Francisco got it right. Instead of giving Twitter a tax break, they're giving anyone who moves into mid-market or the Tenderloin a tax break. Mid
by Aloisius 16y ago
Actually, San Francisco got it right.
Instead of giving Twitter a tax break, they're giving anyone who moves into mid-market or the Tenderloin a tax break. Mid-market has been a blight for decades and plans to revitalize the area have never panned out. The Tenderloin (especially lower Tenderloin), isn't any better.
I think this is a great alternative to the city dumping money into the area. It'll create a powerful incentive to move there regardless of the blight and the effect of a few thousand engineers moving into that area will be dramatic.
I just wish it was for more than 6 years since I think it'll take longer than that to revitalize the neighborhood.