181–190 of 527 posts
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> And the managers, who subsist on meetings and in-person interaction, seem even more anxious to get everyone back in their desks. I recently quit my job so I could stop being a manager and return to IC, exactly because of this. In a WFH climate managers have to work twice as hard to stay competitive in the political games.
Sounds like they're half as useful to the business rather than their jobs are twice as hard
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Pretty easy solution on November 3rd. Vote Democrat down ticket.
Democrats are part of the problem. The solution isn't to vote democrat or republican, it is to vote for people that care. Term limits would go a long way to solving that problem.
In contrast, the Republican party stole medical supplies from blue states[0] during the acute phase of the pandemic and chose to minimize the federal response to SARS-CoV-2 because the pandemic was only killing Democrats[1]. Depriving your political opponents of medical supplies during a pandemic is arguably a crime against humanity.
Neither of these choices are particularly good, but one choice is far worse than the other.
[0] https://www.snopes.com/fact-check/trump-admin-seizing-ppe/
[1] https://www.vanityfair.com/news/2020/07/how-jared-kushners-s...
as expected, rents are still on the NY retail space level
A close relative of mine is a top real estate appraiser based in San Francisco, and she's terrified about what happens in Q2 2021, when leases will start terminating en masse. She's had a call with the St. Louis Fed, as they're trying to get an idea of what this will look like. She thinks it will be a bloodbath, and deal a death blow to corporate real estate (and other capital markets by extension).
The other week I was on real estate sites and I saw a bunch of "apartments" in SOMA that just looked like offices with some hastily slapped on anemities, as if there was some "wink wink nudge nudge" going on and they had to call the place an "apartment" for some city ordinance but everyone knew it was an office. However, I realized it was exactly the opposite. These people were taking their office spaces and desperat…
The resi tower has concrete separations between floors and if you are lucky, between flats on the same floor. Office buildings don’t have any real separation between floors as you are supposed to walk on accessible fake floors and have fake ceilings too.
The sound insulation between flats on a converted office building must be nil.
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Which is more or less what I said in my comment...
“in a lot of cases this is virtually impossible” is not more or less the same as “we’ve done it before...we’ll do it again”
You forgot to read the rest of the sentence including the very important “due to cost”.
No shit we can technically do it and have done it.
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You seriously think that everywhere in America with reasonable tax rates is just getting fiscal transfers from SF?
Personally I don’t think “low taxes” are “reasonable”. We live in a complicated society and we all benefit when we collectively pay people to do a huge variety of important jobs which are hard to fit into a pure-profit system. Cutting funding for those exposes us to a wide variety of risks and eliminates many future opportunities, in the long term harming us all. The Covid pandemic is a perfect case study in the way…
For those that think this is the end of San Francisco, take a deep breath. The empty office space and worries about expiring leases only applies to companies that can't work remote. SF has a huge service industry, swaths of culture, and some pretty nice weather. A bunch of chair warmers and button pushers moved to Tahoe or Mazzula, so what? It is nice to have a huge house and some land, but city living is are a trade…
Consider this a test whether you are a Californian or San Franciscan or someone from somewhere else here to rake in the google dollars. If the latter, I’m sorry your demands were not accomodated. Enjoy the farm in upstate NY or the frowns you get in Tahoe or Austin.
A close relative of mine is a top real estate appraiser based in San Francisco, and she's terrified about what happens in Q2 2021, when leases will start terminating en masse. She's had a call with the St. Louis Fed, as they're trying to get an idea of what this will look like. She thinks it will be a bloodbath, and deal a death blow to corporate real estate (and other capital markets by extension).
In terms of suffering, I'm more worried about the loss of support workers and supporting businesses over the long-term. Especially in a place like Chicago where the installed base of offices is much much larger than SF, and where portions of the future sales tax revenue has already been securitized and sold to investors.
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There is a mass exodus of people from HCOL cities as jobs go virtual as well as a massive amount of office downsizing. Residential real estate may be okay in the cities receiving this exodus in the South, Midwest, Texas, Idaho, etc. but as for HCOL cities I’m just not sure. There may be enough demand to at least cushion it. Commercial will definitely be a bloodbath of epic proportions, especially in formerly hot mark…
Housing prices are actually already trending back upward in the bay area. I don't think there will really be that much of an exodus. Your company might let you retain most of your salary post-relocation but once you change jobs you'll have far fewer prospects. Also the internet doesn't help with timezone differences.