It turns out when people earning several multiples of the median national income have to live in squalor (a few hundred sq ft), work in squalor (12 sq ft to cal

It turns out when people earning several multiples of the median national income have to live in squalor (a few hundred sq ft), work in squalor (12 sq ft to call their own in an “open” workspace), and walk through shop and live in public spaces in squalor (locked cabinets to buy soap, open drug use, tents, human excrement in streets, etc), … Eventually owners squeezed all the blood from the stone there was and… people fuck off and leave. And there’s nothing left. There’s not a marginal adjustment that’s going to bring back everything, this is a crash. SF is going to plummet until prices and conditions significantly improve but given people will likely try to hold on to the dream of the previous status quo it will have a long way to fall. Density and failed dreams of no law enforcement being an improvement lead to those desolation and I really wish the people who drove this to happening would learn their lesson but they won’t. Lots of people made plenty of money in this game and the cost is being seen with plenty of bag holders on display.