3 ms·
There's a big gap in these trends between SF & everywhere else. - For companies in SF, rents are extremely high, local salaries are super high and the city is
by tschellenbach 3y ago
There's a big gap in these trends between SF & everywhere else.
- For companies in SF, rents are extremely high, local salaries are super high and the city is in bad shape so nobody wants to go there.
- In most other places rents are affordable, local and remote salaries are similar, and cities are pleasant
SF office space is going to get crushed. Most other places will partially recover.
- softwaredoug 3y agoAffordability, nimbyism, and chronic homelessness occur in a lot more places than SF. Yes SF is kind of the poster child, but these are issues in a lot of places My small, east coast college town has a YIMBY oriented movement for more affordable living options. https://livablecville.org/ https://livablecville.org/ (and a homeless problem https://www.cvilletomorrow.org/newsletter/the-number-of-people-experiencing-homelessness-is-rising-faster-than-shelters-can-keep-up/ https://www.cvilletomorrow.org/newsletter/the-number-of-peop...) Our zoning is stuck in some old NIMBY ideals and is really hard to change. Development of new projects is stalled. Housing is more expensive than ever. > Shelter workers say there are many reasons more people might be seeking shelter this year. One is that inflation is making it difficult for people who earn low incomes to afford their homes.