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San Francisco braces for commercial real estate crash

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Re: San Francisco braces for commercial real estate crash

#231

Post by foobiekr »

inamberclad wrote: post #138
darth_avocado wrote: post #127

The city officials are asleep at the wheel. Blame it on remote work and pandemic as much as you want, but the reality is that the city was in decline even before that. It is too expensive to live in the city. It is too expensive to commute to the city. It is too expensive to feed yourself in the city. Crime is rampant. Drug use and filth is everywhere. Most importantly city has been hostile to tech and business owner…

Drug use isn't associated with crime and filth until we make it so via harsh city policies. I would, however, like someone to clean the 4 different instances of poop I saw on my 3 block walk this morning.

Drug use is absolutely associated with erratic behavior including violence.

I am pro-decriminalization but we need to be honest about the effects of chronic drug usage, especially methamphetamine.

Re: San Francisco braces for commercial real estate crash

#232

Post by pessimizer »

innagadadavida wrote: post #175
bragr wrote: post #2

Give the corresponding housing crisis in the Bay Area, one wonders if the solution is to "simply" start converting office space to living space until the corresponding demand for office space recovers from a combination of increased demand and decreased supply. Now I'm sure there are all kinds of challenges to doing that, engineering, zoning, other practicalities, but it seems overall reasonable to me, though perhaps…

Agree, but will never ever happen thanks to commercial RE mafia errrr lobby... Most of the commercial RE is vacant but still somehow get tax breaks and they also keep the rents very inflated. I don't buy this argument of "this is not fit to be a home" - neither are the streets, parks and sidewalks. The commercial RE mafia err the lobby is very powerful and they will protect their interests no matter what. These space…

> I don't buy this argument of "this is not fit to be a home" - neither are the streets, parks and sidewalks.

Are you proposing that the city rent out licenses to live in the streets, parks and sidewalks, or are you just pooh-poohing the entire idea of housing standards? How do you feel about food standards?

Re: San Francisco braces for commercial real estate crash

#233

Post by ricardobayes »

cpursley wrote: post #191
darth_avocado wrote: post #127

The city officials are asleep at the wheel. Blame it on remote work and pandemic as much as you want, but the reality is that the city was in decline even before that. It is too expensive to live in the city. It is too expensive to commute to the city. It is too expensive to feed yourself in the city. Crime is rampant. Drug use and filth is everywhere. Most importantly city has been hostile to tech and business owner…

Money goes to where it's treated best and people vote with their feet. I know people thumb their nose on the state, but Florida is open for business. But the real secret is Puerto Rico and their incredible tax incentives for software companies.

The real real secret is Portugal, can't beat 10 years tax-free on foreign income.

Re: San Francisco braces for commercial real estate crash

#234

Post by houstonn »

baggy_trough wrote: post #22

You would have to be stark raving mad to open a business in San Francisco. Not only is the downtown filthy and unsafe, but the government, when it can stir itself from its torpid incompetence, is absolutely malevolent towards businesses.

In the Castro business owners are threatening to stop paying taxes. It could be another historically important example of San Franciscans using civil disobedience to great effect.

https://www.youtube.com/watch?v=1eSL-ZFmFpY

Re: San Francisco braces for commercial real estate crash

#235

Post by dlp211 »

cpursley wrote: post #191
darth_avocado wrote: post #127

The city officials are asleep at the wheel. Blame it on remote work and pandemic as much as you want, but the reality is that the city was in decline even before that. It is too expensive to live in the city. It is too expensive to commute to the city. It is too expensive to feed yourself in the city. Crime is rampant. Drug use and filth is everywhere. Most importantly city has been hostile to tech and business owner…

Money goes to where it's treated best and people vote with their feet. I know people thumb their nose on the state, but Florida is open for business. But the real secret is Puerto Rico and their incredible tax incentives for software companies.

I was looking at Florida as a place to move to. After evaluating everything, I have no confidence in the State government to do well for families which means that I would likely end up putting my kids in private school which is not cheap. Also, Florida Man/Woman.

Re: San Francisco braces for commercial real estate crash

#236

Post by PKop »

"The root of this—of course—is the pandemic and the way that it has completely transformed work patterns in the city.."

And, of course, insane delusional liberal policies that allow degradation of quality of life, violence and property crime, drugs, filthy streets, etc. The media never wants to address the elephant in the room.

Re: San Francisco braces for commercial real estate crash

#237

Post by 0000011111 »

JumpCrisscross wrote: post #137
darth_avocado wrote: post #127

The city officials are asleep at the wheel. Blame it on remote work and pandemic as much as you want, but the reality is that the city was in decline even before that. It is too expensive to live in the city. It is too expensive to commute to the city. It is too expensive to feed yourself in the city. Crime is rampant. Drug use and filth is everywhere. Most importantly city has been hostile to tech and business owner…

> city officials are asleep at the wheel Eh, San Francisco's voters have been drinking crazy water for some time. New developments blocked by renters. Stringent building codes and environmental reviews defended by those who think they're being compassionate to the poor. Scolding tech companies for hiring in the city and then panicking when they stop hiring in the city. This obviously isn't all of them. But it's not l…

Maybe the poop on the street has made its way into the water supply and that is affecting the management?

Re: San Francisco braces for commercial real estate crash

#238

Post by nickff »

inamberclad wrote: post #178
gfodor wrote: post #154

Earlier quoted context omitted.

You think drug use doesn't lead to crime?

Look at what happens when drug use is legalized and regulated. Did crime spike with weed legalization in any major city? Other drugs are worse on both user and their environment (including alcohol), but they're not the source of the other problems. Rather, we are, when we reject such people and force them to live in squalor with no options. I don't think _anyone_ has a legitimate justification to be smoking mystery s…

You made a much stronger claim in your original post:

>"Drug use isn't associated with crime and filth until we make it so via harsh city policies."

Now you're saying that legalizing and regulating does not lead to a 'crime spike', which is a very different position.

Researchers seem to believe that it is virtually impossible to lead a functional (non-criminal) life when addicted to certain substances (like certain opiates, methamphetamines, and crack cocaine). From my personal experiences, this seems to be true; are you arguing that people addicted to these substances will lead healthy lives if the drugs are legalized?

For the record, I am in favor of fully legalizing everything, but I don't believe it'll somehow reduce or solve the crime issues.

Re: San Francisco braces for commercial real estate crash

#239

Post by suoduandao2 »

malnourish wrote: post #174
gfodor wrote: post #154

Earlier quoted context omitted.

You think drug use doesn't lead to crime?

What crimes will drug users commit if drugs are legally available like alcohol?

Alcohol might be a bad example since it does lead to lowered inhibitions and, depending on the environment, often more brawling or risky driving than would happen without it.

The key here is probably the 'depending on the environment' bit. Hashish used to be closely associated with political assassinations, now... not so much. But it could be again, given the right(?) culture.

Re: San Francisco braces for commercial real estate crash

#240

Post by ceejayoz »

buscoquadnary wrote: post #212
bluejekyll wrote: post #171

Earlier quoted context omitted.

> Crime is rampant According to the data, crime in SF is lower that it was a few years ago: https://www.city-data.com/crime/crime-San-Francisco-Californ... > Drug use and filth is everywhere. Voters can’t seem to wrap their head around better housing policies to get people off the street. It’s disappointing, the entire Bay Area is guilty of this.

> According to the data, crime in SF is lower that it was a few years ago: https://www.city-data.com/crime/crime-San-Francisco-Californ ... Every time I see something like this I will point out that during the anti-police movement that happened a while back, many police started reducing their activity either because they were told to, because prosecutes would refuse to prosecute, or because they didn't want to be the…

This theory falls down when you look at murders. They're down with all the others on that link, and they're highly unlikely to go unreported.
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