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People are leaving San Francisco, after decades of growth
- anm89 6y agoI'm really curious to see how far this could go. Seeing the homelessness issues in SF and LA makes me wonder if they tipped the balance of those cities being uninhabitable by such a large percentage of their inhabitants that the are going to need to majorly restructured to make it back to a stable equilibrium. Like if the wealthy tax base flees en Massé to go work remotely by a lake somwhere, in a self perpetuating way, these cities could turn into giant insolvent hoovervilles. Maybe that's a bit extreme but it seems possible.
- diogenescynic 6y ago> Seeing the homelessness issues in SF and LA makes me wonder if they tipped the balance of those cities being uninhabitable by such a large percentage of their inhabitants that the are going to need to majorly restructured to make it back to a stable equilibrium. This. I moved out of SF last October after being constantly harassed by homeless at my apartment building. I moved to the Peninsula, but now looking at moving out of the Bay Area entirely now that I can WFH permanently. Why live here? Cost of living is outrageously high, dangerous homeless all over, and now with COVID you can’t even really do anything... You’re better off in the suburbs with a backyard. Rental markets are already super tight in all the other cities that Bay Area residents normally move to.
- mitch3x3 6y agoPeople will come back when there’s a reason to be here again. Right now you are paying a ton of money in rent to stay indoors for the most part. The city’s culture has been halted for a year at least. It will come back, and when it does the people will return. It’s definitely been a hard reset though. Hopefully things change for the better.
- throwaway777344 6y agoPeople are finally realizing that all those taxes that California collects gets them effectively nothing over places like Texas or Florida. The Bay Area is beautiful, but after being panhandled every day, stepping around shit and fresh piss on the way to work, paying an outrageous amount for BART (which always has issues), paying thousands a month in rent for a shitty house from the 70s, etc. people are tired. Now with the fires, and the shutdown, everyone wishes they would have sold and moved to Houston, where a brand new 3000 sqft house only runs $350k.