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Nearly 12M Square Feet of Vacant Office Space in S.F

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Re: Nearly 12M Square Feet of Vacant Office Space in S.F

#521

Post by tabob »

ModernMech wrote: post #474
tabob wrote: post #461

Earlier quoted context omitted.

Unemployment varies greatly state by state and rarely keeps up with the reality of the cost of living. On top of this, it only applies if you lose your job due to "lay-offs". I've been laid off four times in my life, all 3 times the companies claimed they were not lay-offs and fought my claim. 2 times I was denied. The third time I received unemployment benefits for 5 months. I received $4,000 in benefits then my for…

Not to mention you have to make enough money to qualify for unemployment. My wife was once denied because in the window of time they use to calculate unemployment her pay was too low. They told her that in order to qualify for unemployment, she had to get a job and make more money, and then lose that job and reapply.

Also, when it comes to the stimulus programs, if you made too much $$ then you don't qualify. Even if I had qualified for unemployment, I wouldn't have qualified for the extra $300/week and the $1200 stimulus plans.

The only thing really keeping us afloat is we fled the USA and move to my wife's town where she owns a home and there's a low cost of living. Luckily I was raised with the philosophy that if I cannot afford to buy a thing in cash, I cannot afford to buy that thing, so I have never had any debt.

Re: Nearly 12M Square Feet of Vacant Office Space in S.F

#522

Post by solidsnack9000 »

Swizec wrote: post #510
solidsnack9000 wrote: post #506

Earlier quoted context omitted.

Whether that means you're eating better food on a regular basis in SF than in many other less dense urban areas in the USA (nearly all are less dense) is a different question, though: and the truth is, you're not. Places with stars don't have the economic situation I discussed: they have the money to really go beyond their surroundings.

The thrust of my argument is that there’s more of everything in a bigger city. As such you have more options and more competition. The competition means that a lot of places scraping by in smaller cities can’t make it in a bigger city. In theory that means median quality is higher. And even a 3-star restaurant won’t survive in a place that doesn’t get enough well-to-do visitors to sustain it. For a more casual perspe…

None of this speaks to whether or not SF has more to offer you than other less dense cities in the US, so many of which have excellent restaurants and, indeed, better restaurants. I was very impressed with the food in Austin on a recent visit, for example. Perhaps if SF had continued on the high density curve while maintaining affordability (as Tōkyō has done) it would be a different story.

Quality food has more to do with agriculture and supply chains than money or density per se -- good salad is not something you can buy if no one is growing it -- and more and more areas in the US have made the transition to that kind of farming and production.

Now challenging SF on grocery stores -- that's another matter. They are drawing on deep roots, there.

Re: Nearly 12M Square Feet of Vacant Office Space in S.F

#523

Post by freehunter »

bobbyi_settv wrote: post #64
freehunter wrote: post #33

Earlier quoted context omitted.

If they signed a 12 month lease in Q2, then yes.

A 12 month lease for commercial real estate in SF?

Or anything that‘s a multiple of 12. If the lease was signed in Q2 of any year, it will be up for renewal in Q2.

Re: Nearly 12M Square Feet of Vacant Office Space in S.F

#524

Post by [deleted] »

adrianN wrote: post #425
bergstromm466 wrote: post #422

Earlier quoted context omitted.

> Especially good if the converted office space also provides a good work from home environment. Or... you know... just give homeless people housing?

Is there data supporting the conclusion that lack of housing is what causes homelessness? I always thought that it was more of a failure of the social safety net.

[deleted]

Re: Nearly 12M Square Feet of Vacant Office Space in S.F

#525

Post by bcrl »

underwater wrote: post #515
bergstromm466 wrote: post #496

Earlier quoted context omitted.

> I want a free house too. Well yes, for many of the young working class - rent is eating up over 2/3rd of their paychecks. We are being scammed by the Bourgeoisie with inherited wealth. This explains our situation well imo: - "So where did our land system come from? Weirdly enough, the land system that we have today has its origins in a problem specific to medieval kings, which is ‘how do I fund military campaigns a…

Buying property to rent doesn't seem like a good way to make money every time I've run the numbers. The only way it makes sense is if capital gains ratchets up the property prices significantly.

Multi-Dwelling-Units. I'd never buy a single unit property to rent, as there's just too much risk tied up in a single tenant, but I'm very happy with my mixed 3 residential + commercial space in a small town.

Re: Nearly 12M Square Feet of Vacant Office Space in S.F

#526

Post by three14 »

bergstromm466 wrote: post #496
meerita wrote: post #462

Earlier quoted context omitted.

I want a free house too.

> I want a free house too. Well yes, for many of the young working class - rent is eating up over 2/3rd of their paychecks. We are being scammed by the Bourgeoisie with inherited wealth. This explains our situation well imo: - "So where did our land system come from? Weirdly enough, the land system that we have today has its origins in a problem specific to medieval kings, which is ‘how do I fund military campaigns a…

On the one hand, this is a fascinating perspective. On the other it's clearly historically incorrect. The Bible already talks about land ownership, and at least by the time of the Talmud they had rental and sharecropping, long before feudalism.

Re: Nearly 12M Square Feet of Vacant Office Space in S.F

#527

Post by bergstromm466 »

three14 wrote: post #526
bergstromm466 wrote: post #496

Earlier quoted context omitted.

> I want a free house too. Well yes, for many of the young working class - rent is eating up over 2/3rd of their paychecks. We are being scammed by the Bourgeoisie with inherited wealth. This explains our situation well imo: - "So where did our land system come from? Weirdly enough, the land system that we have today has its origins in a problem specific to medieval kings, which is ‘how do I fund military campaigns a…

On the one hand, this is a fascinating perspective. On the other it's clearly historically incorrect. The Bible already talks about land ownership, and at least by the time of the Talmud they had rental and sharecropping, long before feudalism.

> The Bible

Ah yes, a most trustworthy source. A book written by many authors and used by monarchs to subdue their populations.

I am not saying this post is factually/historically correct.

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