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Political Discussion
Reply to "San Francisco is imploding"
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[quote=Anonymous]DD and her friends went to SF for the day/late night a few days ago. It’s fine and wasn’t dangerous. It’s also still crowded with lots of traffic. Retailers are very dependent on commuting workers, business travelers and tourists. Pre-pandemic it was a big thing for wealthy Chinese to fly to SF or LA to shop for luxury brands bringing back suitcases of goods. Business travel has still not recovered. The other issue that will slow SF bouncing back is the SV bank collapse. The big FAANG companies are on the peninsula and South Bay. SF had satellite offices and start ups. Interest rates and the SV collapse has really hit start ups. [/quote]
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