4 ms·
The financial success of San Francisco has covered for a lot of bad policies. I feel like the tech boom is somewhat like a "resource curse". Obviously tech has
by chmod600 6y ago
The financial success of San Francisco has covered for a lot of bad policies. I feel like the tech boom is somewhat like a "resource curse". Obviously tech has a lot more positive economic development associated with it, but a lot of it can just pick up and move to the peninsula or south bay.
It seems like a potentially bad mix where a lot of people live in SF just for the money, and as soon as a downturn hits amd the bad policies start to have consequences it will just hollow out. That may be happening now.