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San Francisco faces fiscal chaos

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Re: San Francisco faces fiscal chaos

#11

Curious how local and state governments can face “fiscal chaos” while debt issues by the federal govt. is highly desirable. People say governments run deficits during economic downturns (which is true) but in the US local and state spending is more pro-cyclical.

Cities can’t print money

Re: San Francisco faces fiscal chaos

#12
post #6

I think a more accurate description would be that San Francisco chooses chaos. I've never lived anywhere more unreasonably governed. It's like the government is actively sabotaging quality of life and squandering its budget. One example--the city spent $15.5m to tear down a McDonalds in the Haight and turn it into a homeless tent camp.

Hmmm. There was a lot of local support for the city to get rid of that very-problematic McDonalds, as the police were being called there on an average of once per day over drug dealing, shootings, etc. And the lot is slated to be developed into high-density housing, which is typically a popular notion in the HN crowd. https://sf.curbed.com/2018/4/2/17188892/haight-steet-mcdonal...

Sure, but a homeless tent camp is a far cry from high-density housing. How long do the locals have to deal with a tent camp and all the associated problems? If you don't understand why spending $15.5m to actively make the lives worse of the locals and not really solve the problem--then I think you're missing why SF has budget problems.

>For some nearby residents, the decision was met with dismay and frustration and a feeling of futility after they had spent weeks pleading with Preston’s office to find an alternative, like parking lots owned by the school district or City College and even Recreation and Park Department property.

>“There are all of these large parking lots not being used that would be so much better than plopping this down in the middle of a residential area — an area we’ve struggled for decades to get control of on this end of Haight Street,” said Ted Loewenberg, president of the Haight-Ashbury Improvement Association.

https://www.sfchronicle.com/bayarea/article/SF-to-open-sanct...

Re: San Francisco faces fiscal chaos

#13
post #7

I think a more accurate description would be that San Francisco chooses chaos. I've never lived anywhere more unreasonably governed. It's like the government is actively sabotaging quality of life and squandering its budget. One example--the city spent $15.5m to tear down a McDonalds in the Haight and turn it into a homeless tent camp.

While I don’t disagree that SF is a mess, your example is completely wrong. That lot will become low-income housing and is temporarily being used as that. https://sfmohcd.org/730-stanyan

"Temporarily" according to who? And still $15.5m and $XXm still to be spent on the new development, and for now it's a massive tent camp---this is why SF has budget problems is my point. They're squandering the resources they have and not even solving the problems, they're actually making it worse in most cases. Tents tripled in the city in the last few months: https://abc7news.com/homeless-coronavirus-san-francisco-hous... SF could house these people instead of leaving them in tents somewhere else, but we have this ridiculous idea we have to house them in the most expensive city in the country where there's no new supply. We're spending nearly $1m per affordable housing unit.. who is paying for this? It's doomed to fail.

Re: San Francisco faces fiscal chaos

#14
post #7

I think a more accurate description would be that San Francisco chooses chaos. I've never lived anywhere more unreasonably governed. It's like the government is actively sabotaging quality of life and squandering its budget. One example--the city spent $15.5m to tear down a McDonalds in the Haight and turn it into a homeless tent camp.

While I don’t disagree that SF is a mess, your example is completely wrong. That lot will become low-income housing and is temporarily being used as that. https://sfmohcd.org/730-stanyan

The fact that it's only a temporary homeless tent camp doesn't do a whole lot to make the situation better. I think you're not recognizing how absurd this sounds to outsiders; most people would not live in a city that formally sanctioned tent camps in residential neighborhoods.

Re: San Francisco faces fiscal chaos

#15

I think a more accurate description would be that San Francisco chooses chaos. I've never lived anywhere more unreasonably governed. It's like the government is actively sabotaging quality of life and squandering its budget. One example--the city spent $15.5m to tear down a McDonalds in the Haight and turn it into a homeless tent camp.

SF problems come from its people and wild economic and cultural swings. Government would love to have more influence, but it really doesn't.

The McDonalds you refer to was a huge problem for a long time and right now the only argument is about exactly how big an apartment building to put there.

Re: San Francisco faces fiscal chaos

#16
post #7

Earlier quoted context omitted.

While I don’t disagree that SF is a mess, your example is completely wrong. That lot will become low-income housing and is temporarily being used as that. https://sfmohcd.org/730-stanyan

"Temporarily" according to who? And still $15.5m and $XXm still to be spent on the new development, and for now it's a massive tent camp---this is why SF has budget problems is my point. They're squandering the resources they have and not even solving the problems, they're actually making it worse in most cases. Tents tripled in the city in the last few months: https://abc7news.com/homeless-coronavirus-san-francisco-…

There is now bidding for developers of the site. Here is a link to some better journalism about this topic: https://socketsite.com/archives/2019/09/city-seeking-develop...

Re: San Francisco faces fiscal chaos

#17
post #10

San Fran is a bizarre place. I'm an Aussie, an Americanophile, and I was in the States for months last year. San Fran was simply unpleasant - the people were rude (young and old) and everything cost too much. The taxes were insane too. I couldn't bear to live there - Salt Lake City seemed to have the most similar upsides with next to none of the downsides.

There they have the sexy underwear in Utah. https://en.wikipedia.org/wiki/Temple_garment I used to live in the US, but I'm back home in Germany. I have 0 interest in going back.

LDS has some weird and deeply problematic traditions but this is just religious bigotry and elitism. The Catholic Church is known for being an international pedophile ring but we don't shame Parisians for being Catholic. Check yourself.

Re: San Francisco faces fiscal chaos

#18
post #7

Earlier quoted context omitted.

While I don’t disagree that SF is a mess, your example is completely wrong. That lot will become low-income housing and is temporarily being used as that. https://sfmohcd.org/730-stanyan

"Temporarily" according to who? And still $15.5m and $XXm still to be spent on the new development, and for now it's a massive tent camp---this is why SF has budget problems is my point. They're squandering the resources they have and not even solving the problems, they're actually making it worse in most cases. Tents tripled in the city in the last few months: https://abc7news.com/homeless-coronavirus-san-francisco-…

Where do you suggest housing these people. What if they refuse accommodations.

Not sure if sf can legally just ship them to say Modesto where housing is cheaper

Re: San Francisco faces fiscal chaos

#19
Every major city seems to have its own flavor of this. See also:

New York budget crisis [0], Chicago [1], Dallas [2], etc

[0] https://www.politico.com/amp/news/2020/05/31/new-york-budget...

[1] https://www.wbez.org/amp/stories/how-covid-19-could-hit-chic...

[2] https://www.nbcdfw.com/news/local/dallas-budget-crisis-prese...

Re: San Francisco faces fiscal chaos

#20
post #11

Curious how local and state governments can face “fiscal chaos” while debt issues by the federal govt. is highly desirable. People say governments run deficits during economic downturns (which is true) but in the US local and state spending is more pro-cyclical.

Cities can’t print money

Didn't the Fed say it will buy up to $500B of municipal bonds as part of the new QE program?
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