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The situation in San Francisco is more complex than that. It is pretty clear that heavy handed taxes drove some away, but the bulk of office workers were not i
by m0llusk 4y ago
The situation in San Francisco is more complex than that. It is pretty clear that heavy handed taxes drove some away, but the bulk of office workers were not in that elite club. The transition to remote work drained San Francisco of its office workers. Even with that more than half of the existing office space stock is still rented and used.
- vonnik 4y agoIt's not a whole lot more complex. In the last few years, the city government could have adopted very different policies toward policing, homelessness, COVID, housing and education, all of which would have made it more competitive than it is. SF's commercial leases, while underperforming on a national level, are a whole different issue to the one Tyler is addressing, which is about competing for residents, not businesses.