Reply to San Francisco is imploding

Forum Index » Political Discussion

Reply to "San Francisco is imploding"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]R.I.P. SF and other blue urban centers.

https://www.bloomberg.com/news/articles/2023-07-12/working-from-home-office-landlords-risk-800-billion-in-losses-mckinsey-says#xj4y7vzkg

A decline in commercial RE is going to obliterate the finances of blue run cities like SF.  Decreased value means huge shortfalls in tax revenue.  They’ll try to plug the difference with increases in income taxes…..which will just cause more people to flee.  SF is already in this death spiral and has huge budget deficits now.  It’s only going to get worse, and all they ever do is come up with more looney ideas on how to tax and spend more.  Unfortunately someone has gotta pickup the tab.  [/quote]

Or modestly raise residential property taxes because the residential market is doing just fine. But carry on with your "concern trolling". Of course, blue states and cities are already picking up the tab for most of the red states (i.e., putting in more Federal revenues than receiving). But you knew that, amirite?[/quote]

Modestly? Yep, once again go after hardworking middle class workers.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics