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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

#91

Earlier quoted context omitted.

Funny you say that, because not only do 'red' states have higher crime rates than 'blue' states[0], but 'red' cities within those red states, like Jacksonville or Oklahoma City, also have higher crime rates.[1] [0] https://www.thirdway.org/report/the-two-decade-red-state-mur... [1] https://www.newsweek.com/these-republican-cities-have-higher...

[flagged]

The chain of custody of Hunter’s laptop doesn’t exactly inspire legions of prosecutors to file any charges

Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy

#92

Earlier quoted context omitted.

lol people would just move jobs to keep working remote. That's the beauty of working in tech. There's a lot of companies to move over to. Finance is a lot more restricted.

And, interestingly enough, an increasing number of people have moved to NYC to work remotely from here. Living in NYC is a legitimate attraction in its own right, and is appealing to a lot of people even if they're not working here.

As long as people are living where they can afford and enjoy, that's awesome news.

Personally, I prefer to live in smaller cities, but I lived in a huge metropolitan area for decades. I just grew tired of it. In that regard, remote work for me is a blessing.

Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy

#93
post #64

Earlier quoted context omitted.

I can only offer anecdotes, but: 1. NYC is booming IMHO 2. Pre-pandemic, there was barely room to walk on the sidewalks in many parts of NYC, now it is better (presumably as people come in 2x a week, not 5x). Some subways have seats now, but many are still standing-room-only. 3. For the last 8yrs pre-pandemic, I used to go to SF/SV 4x to 5x a year for work/conferences...My last Cali trip (cancelled) was literally Apr…

A "booming" NYC is not necessarily a purely positive thing. SF and NYC used to be fairly comparable as far as cost of living goes but now renting in SF is comparable to a dozen other metros (eg. $3k for a 1 bed, under $4k for a 2 bed) but in NYC it's a now an absurdly expensive outlier eg. $5k+ for a 1 bed in a convenient area in Manhattan or Brooklyn. Beyond that eating out/going out/uber+taxis all seemed much more…

NYC is indeed absurdly expensive (and getting worse), but: you're being taken for a ride if someone is trying to rent you a 1BR for $5K.

I live in a convenient (and "cool") area and pay less than a third of that. The only 1BRs that I'm aware of that go for anywhere close to that are "luxury" rentals, which tend to be worse anyways (newer construction means thinner walls, etc.).

Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy

#95

Earlier quoted context omitted.

No, I am not planning on owning commercial, but I am interested in avoiding having taxes raised on me to fill a budget deficit. Taxes on commercial real estate generate a significant amount of revenue, commercial rental agreements are usually ~5-7 years, and so, at least in SF, there is a looming wave of devaluations which has yet to be realized. The city already has an estimated 800M budget shortfall without assumin…

I think you're being too speculative here. If you're really trying to minimize paying taxes, then you should be moving to a state with no income tax, don't buy property there (because states with no income tax tend to make up for it with high property taxes), and don't live in a city because cities will have local taxes. But you move to NYC, you do so because NYC is awesome and living here is great. I wouldn't pay le…

Yeah, I think you're right. Thanks for the feedback. :)

Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy

#96
post #78

I 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…

Personal politics, IMO, is not a good reason to avoid living in certain areas. I'm a liberal-leaning moderate but many of my favorite people (friends and family) are conservative, and many of my hobbies tend to be populated mainly by the conservative demographic. You'll always find people here and there who won't give you the time of day if you're not on Team Blue or Team Red, but my take on it is, if I can't make fr…

Oh I can make friends. What I can't do is get an abortion or in good faith tell my lgbt child that I support them.

I deeply believe that unwanted children make society worse so expect abortion banning states to become less desirable in 15-20 years.

Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy

#98

Earlier quoted context omitted.

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.

Yup, that's the sweet spot. Richmond VA is a great example of such a mid sized city - housing is affordable, traffic is manageable, and it's big enough to have things to do and find like-minded hobbyists.

The downside of Richmond is that you get to add an extra ~2 hours to most trips to the west coast. Either by the need to change planes in ATL/CLT/ORD/etc, or by having to drive to DCA/IAD to take a direct flight.

Re: Downtown SF has 18.4M square feet of empty office space. We mapped every vacancy

#99
post #82

Earlier quoted context omitted.

Miami is booming but I do fear the Californian migrants there will just turn it into another San Francisco in due time.

It's booming in the sense that wealthy people are buying up property. That isn't the same as being a new hub for a lot of business creation and frankly haven't seen a lot of evidence established companies are eager to make it into a new hub or that there's a bunch of growing startups there with real traction.

Miami is the fastest growing tech hub in America [1]. Citadel is moving to Miami from Chicago and Guggenheim is about to do the same.

[1] https://www.washingtonpost.com/technology/2023/04/12/silicon...

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