3 ms·
detroit decayed, then tbr most reasonable citizens called it quits, moving to the burbs city imploded it got so bad, i still remember when vandalism tourism
by IG_Semmelweiss 4y ago
detroit decayed, then tbr most reasonable citizens called it quits, moving to the burbs
city imploded
it got so bad, i still remember when vandalism tourism was a thing in detroit
this was in the middle of a good economy (2014)
theres no reason to think SF will fare any better once people bail.
Excpet the majority of downtown will be owned by banks vs decaying onetime industry and real estate titans.
- Apocryphon 4y agoGood weather will keep SF desirable, and with the other knock-on effects, unlike Detroit. Not to mention that it’s not a one-industry town. Don’t think biotech, for instance, has been affected like software has. Let alone finance and so forth.
- dehrmann 4y agoGoldman is doing 6% layoffs this week. They're not heavily in SF, but it shows finance is affected, too.