Forever might be a bit of a stretch, but I believe there's a lot to be concerned about the negative feedback loop that awaits SF and cities like it. A lot of bu

Forever might be a bit of a stretch, but I believe there's a lot to be concerned about the negative feedback loop that awaits SF and cities like it. A lot of businesses that make the city desirable to a lot of people (read: tax base) are on an indefinite hiatus due to the virus, meaning there's little reason to pay exorbitant prices to live in SF for the time being. The problem is that a lot of businesses won't be able to survive this recession, and the city's tax base will shrink further. Yes, those businesses will eventually be replaced, but it won't be a quick affair if we reach the point of no return. Further complicating this matter for the businesses that do survive will be the fact that new businesses will be able to run much leaner due to being able to lock in much cheaper leases and not shackled with debt. While I don't believe SF is doomed by any means, I do think that it's in for a day of reckoning unless it can reconcile its hugely bloated budget with the fact that it'll be a prolonged climb to where it was. Now with a vaccine on the way it may be able to avoid this if it's distributed fast enough, but I do think the window is closing rapidly.