2 ms·
I can confirm, having lived in San Francisco for many years: street conditions were never great, but over the past two years, they have gotten far worse than ev
by pjlegato 5y ago
I can confirm, having lived in San Francisco for many years: street conditions were never great, but over the past two years, they have gotten far worse than ever before. Street-level crime is rampant now throughout the city, and particularly in the largely abandoned downtown area where Kraken's offices are.
San Francisco is not a large city at all. It's 7 miles by 7 miles. There are not a lot of areas where you can rent a single office large enough to hold all of Kraken's employees, and most of those are in what is now a high crime area downtown and in SOMA.
It's also still very expensive to rent compared to other nearby cities and suburbs (somehow), and has extra payroll taxes levied on large employers.
I'm not surprised at all that yet another large tech company is abandoning the city. There are many other areas, even nearby, that are far cheaper and where employees can come to work every day without fearing for their lives.