The rural parts of this country, particularly in the south, tend to be the poorest, least educated, least healthy, and are the biggest takers in this country. |
I think there is a lot of wealthy foreign & wealthy tech owners. Neither group is affected that much. |
Real estate, the last bastion of "this is fine" is now under assault:
Two of the largest hotels are stopping debt payments: https://sfstandard.com/business/real-estate-group-halts-loan-payments-two-san-francisco-hotels/ Downtown buildings selling for less than half their pre-pandemic value: https://www.costar.com/article/1098279790/wells-fargo-lands-buyer-for-san-francisco-office-tower-at-deeply-discounted-price |
This is a national trend. |
there are indeed a lot of wealthy people in CA. Amazing how wealthy people still want to live in such a sh1thole. But, these folks own mansions. They don't own the 1700sqft SFH, where even such homes can go for close to $2mil in some areas of CA. The amount of people + wealth in CA is what is putting the pressure on home prices, which is what is causing the exodus of a lot of people, us included. I never thought I'd ever leave CA. Grew up there; lived there for 40 years, but the col was just too much even at $350K salary. |
Here is another casualty of rampant crime and general conditions of San Fran.
https://www.bloomberg.com/news/articles/2023-06-12/westfield-giving-up-san-francisco-mall-in-mounting-pain-for-city How many more companies and stores need to leave until officials there start to clean up the city???? Shame on the voters for electing these fools. |
What do you care? You clearly don't live there. And California is a wealthy economy rather than one of those rural, shit hole states that do nothing buy take (WAY more than they give) from the taxpayers CONSTANTLY. |
"Changing dynamics of the city." Very sad. |
Given that people have to step over human feces when walking in San Francisco, your description of rural areas is misplaced. |
It’s really weird how much this narrative shapes your mind. I’m a liberal who lives in DC. I live in NWDC and had to take my teenager to a community center in the heart of Southeast. In my 16 years of living in DC, I have never been to that area of SE. Given all the hellscape narratives the right keeps pushing, I expected tons of trash everywhere and homeless criminals. You know what I got? A sunny, clean neighborhood with families. I have no idea why the right keeps lying! They’re big fat liars who hate poor people. |
Nordstroms also left SF citing safety reasons and crime.
Lol, but keep on raging about whataboutisms regarding rural parts of the country to try to deflect against really stupid outcomes of progressive ideas implemented in SF. What a S hole, both figuratively and literally. |
Show me an example of the right talking about SE DC. |
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Well maybe not Tysons, but there are plans underway to redevelop Fair Oaks mall and reduce retail space to 20-25%. Malls have become an outdated concept and will look very different in 20 years. Downtown areas will look different as well in many areas. https://www.focusonnova.com/fair-oaks-mall-redevelopment/ |
Maybe visit more often then? |