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What on earth are you talking about?
the San Francisco standing committee failed to retain respect for its sovereignty and territorial unity
Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
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Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#22I live in SF and spend a fair amount of time thinking about its poor 5-year economic outlook. It's not great, but I am curious how it compares to other metros? If I were to move from SF, wanted to live in a metro area, and was uncomfortable living in a very red state - where should I consider? Where is thriving? I have a good amount of friends in Portland, but Portland is adjacent SF in terms of poor economic recover…
Most cities don't seem to be having the same problem (it's almost uniquely SF that has this problem). NYC for example is booming.
Exactly; the tech companies in SF didn't have the backbone to require RTO like the finance firms in NYC did.
The cities' respective recoveries show that the finance firms made the right call.
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#23I live in SF and spend a fair amount of time thinking about its poor 5-year economic outlook. It's not great, but I am curious how it compares to other metros? If I were to move from SF, wanted to live in a metro area, and was uncomfortable living in a very red state - where should I consider? Where is thriving? I have a good amount of friends in Portland, but Portland is adjacent SF in terms of poor economic recover…
Most cities don't seem to be having the same problem (it's almost uniquely SF that has this problem). NYC for example is booming.
This problem is not at all unique to SF. According to Cushman & Wakefield, Austin has 23% vacant offices, Manhattan has 23%, Brooklyn 24%, and SF has 25%, same as Minneapolis and Chicago, while Houston has 26% vacant.
https://www.cushmanwakefield.com/en/united-states/insights/u...
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#24I live in SF and spend a fair amount of time thinking about its poor 5-year economic outlook. It's not great, but I am curious how it compares to other metros? If I were to move from SF, wanted to live in a metro area, and was uncomfortable living in a very red state - where should I consider? Where is thriving? I have a good amount of friends in Portland, but Portland is adjacent SF in terms of poor economic recover…
Chicago?
Down 22.7% in Work Trips to its metro area compared to SF's 32%. It's possible that it's less dependent on the foot traffic, though.
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#25I live in SF and spend a fair amount of time thinking about its poor 5-year economic outlook. It's not great, but I am curious how it compares to other metros? If I were to move from SF, wanted to live in a metro area, and was uncomfortable living in a very red state - where should I consider? Where is thriving? I have a good amount of friends in Portland, but Portland is adjacent SF in terms of poor economic recover…
I've learned that I prefer mini-metro areas with population on the order of 250k people... you get most of the upsides of a city without many of the downsides, while also retaining advantages of smaller areas like more green spaces and lower cost of living.
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#26[flagged]
Ah yes, the famous centrally planned economy of San Francisco, California, USA.
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#27Earlier quoted context omitted.
What on earth are you talking about?
Well, if you assume California is socialist it all makes sense. There's just one tiny little problem: it isn't, and not only is this office space privately owned but the problems causing these vacancies are probably principal agent problems directly attributable to the structure of the free market controlling them (landlords either want to bet on a recovery or agreed to credit terms that would cascade a single write-…
thats an insult to socialists, China’s top income tax rate is far below California’s combined max income tax rate.
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#28I live in SF and spend a fair amount of time thinking about its poor 5-year economic outlook. It's not great, but I am curious how it compares to other metros? If I were to move from SF, wanted to live in a metro area, and was uncomfortable living in a very red state - where should I consider? Where is thriving? I have a good amount of friends in Portland, but Portland is adjacent SF in terms of poor economic recover…
Most cities don't seem to be having the same problem (it's almost uniquely SF that has this problem). NYC for example is booming.
The problem everyone seems to miss is that SF is one of the few places that had a recession due to COVID (not necessarily a GDP recessions, but definitely a weak businesses closed en masse recession) and a lot of other places (illogically) boomed during COVID.
Given recent history (Phoenix MSA’s 2011 GDP was lower than 2007 GDP, whereas SF never went below 2007 levels), it’s not unreasonable to think that other cities are simply in artificial bubbles from the $3tn that was given to consumers over the past 3 years.
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#29I live in SF and spend a fair amount of time thinking about its poor 5-year economic outlook. It's not great, but I am curious how it compares to other metros? If I were to move from SF, wanted to live in a metro area, and was uncomfortable living in a very red state - where should I consider? Where is thriving? I have a good amount of friends in Portland, but Portland is adjacent SF in terms of poor economic recover…
San Diego perhaps?
Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy
#30I live in SF and spend a fair amount of time thinking about its poor 5-year economic outlook. It's not great, but I am curious how it compares to other metros? If I were to move from SF, wanted to live in a metro area, and was uncomfortable living in a very red state - where should I consider? Where is thriving? I have a good amount of friends in Portland, but Portland is adjacent SF in terms of poor economic recover…
Living in big cities within "red" states is not like living in the state itself outside the city, other than you are all affected by the same state laws (unless the latter is the main concern).
Atlanta GA, Austin TX, etc. are all "blue in a sea of red" as they say. Lived in the former myself for many years. Yes you're affected by state laws, but most of the folks in large cities are going to be less like the stereotype associated with the state.