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Seriously? How about do what mayors have done for centuries: find ways to encourage investment and movement into the city. Business seems to be moving to pla
by mancerayder 6y ago
Seriously? How about do what mayors have done for centuries: find ways to encourage investment and movement into the city.
Business seems to be moving to places like Austin. Why do you think that is?
- paul_f 6y agoBusiness has been moving to places like Austin for years. Las Vegas, Phoenix, Atlanta, Nashville, Orlando. The pace will accelerate now that it is even more acceptable to do so.
- dmode 6y agoCan’t think of a single unicorn that came out of these cities over the last 10 years, forget the Facebooks, Googles, Tesla’s, Ubers, Airbnb’s, Slacks, Snowflakes, and Zooms of the worlds. I have lived in Phoenix and Vegas for many years. Extremely overrated and couldn’t wait to leave
- disgruntledphd2 6y agoI think the existence of unicorns is more predicated on access to VC funding more than anything else. One would expect that to be concentrated around areas with lots of VC's of which the Valley is probably the prime exemplar.
- deleted 6y ago[deleted]
- momokoko 6y agoYou seriously do not think San Francisco and New York have attracted business development? This is yet another version of the classic “No one goes there anymore, it’s too crowded”
- mancerayder 6y agoBusinesses and residents are leaving both cities are a cadence unlike anything we've seen in decades. My point is singular: are mayorships concerned with progressive issues the best qualified to stem that tide? The numbers speak for themselves in terms of residents (tax revenue) and businesses (tax revenue and jobs). But there's glee in these comments. People are saying things like, who cares about billionnaires and their office buildings.
- jeffbee 6y ago> Businesses and residents are leaving both cities are a cadence unlike anything we've seen in decades There is no data underlying this statement whatsoever.
- arkis22 6y agoI mean... this is obviously incorrect?
- jeffbee 6y agoIf you are right then it would by indicated by some data I could read, yes? Show me anything which indicates that the net domestic migration out of SF (proper or metro area) has increased during 2020.
- arkis22 6y agoyes. you are surely more correct that covid has had zero effect on net domestic migration out of SF. a simple google search shows figures. there are lots. rent data is the simplest.
- jeffbee 6y agoSo, you don't have any data? Just checking that we're in total agreement here. This is exactly why I've long said that the only course that should be required of every college major (or ideally every high school graduate) is basic accounting. The number of things in a system is the cumulative result of all inflows and outflows. The population of a city can fall without any kind of change in the outflow process. By the way population flows are both domestic and international. If you stop foreign in-migration but you don't touch domestic out-migration then the population will decline. By the way SF's population also declined 2000-2009 and sequentially in each of 2001, 2002, 2003, 2004, and 2005. So unless you have real data showing SF population already fell more than 4%, I also question "unseen in decades".
- rsynnott 6y agoHonestly, I can’t imagine that commercial real estate or cafes and restaurants and similar are doing so great in Austin right now, either. For the moment, commercial real estate and businesses dependent on office workers will be suffering pretty much everywhere.
- ilaksh 6y agoPeople move to Austin because it's trendy. I really think most of our society actually operates on the level of a 14-year-old, with a ton of rationalization on top for why it makes perfect sense. Maybe they have favorable taxes or something, but so so a lot of other cities that are ghost towns.