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San Francisco braces for commercial real estate crash

sfstandard.com

611–620 of 622 posts

Re: San Francisco braces for commercial real estate crash

#611
post #584

Earlier quoted context omitted.

Yes, of course, if you register as an overseas voter. You get to keep voting in the last place you lived. I couldn’t transfer my vote to Texas where it would do more good, for instance. https://sfelections.sfgov.org/military-and-overseas-voting When my daughter turns 18 and if we haven’t returned to the US by then, she’ll also get to vote in her hometown of San Francisco.

I know a us citizen can always vote in a federal election. But generally you can't vote in a local election, unless you live there. I can't tell from the link you posted... But apparently California doesn't care. And some wonder why people question election results.

> you can request to receive your ballot and voting materials by email, fax, or mail, and vote for contests in all federal, state, and local elections held in the precinct where you last lived, or where your parent/legal guardian last lived if you have never lived in the U.S.

What part of that is unclear?

Re: San Francisco braces for commercial real estate crash

#612

Earlier quoted context omitted.

> Your Democratic mayors and supervisors did that. You mean: the people who run the cities did that, who all happen to be incredibly Democratic. They also did it in San Diego, where I bet a Republican mayor was in power at the time (since you know, that was mostly true in the 80s, 90s, and 00s), but economics rather than political ideology was the main driver of the gentrification. > You have mental health institutio…

Wrong. It was passed before Reagan got into office. https://igeek.com/Reagan_emptied_mental_institutions_and_cau... So you don't assign any responsibility to the people who passed it? How quaint. Why even bother to vote? BTW, one of them is governor right now. If a Republican did it, vote them out of office too. In the SF case that I was referring to, it really was all Democrats. I was talking just about SF. Brown op…

Reagan empties the mental hospitals in California while he was governor of that state.

Re: San Francisco braces for commercial real estate crash

#613
post #379

Earlier quoted context omitted.

I wish I could find it, but I recall some research indicating that elected officials are very good at giving voters the stuff they want (even if it’s internally inconsistent) e.g. voters want more spending on education, healthcare and don’t want cuts anywhere else + plus want less deficit spending/balanced budget = impossible, but as the politician understood that they’d rewarded for increasing spending in your impor…

It doesn't take much "research" to arrive at "politicians will give voters what they want and pass the buck on paying it."

Put any other way, biters will say they want a balanced budget, then when you ask them where we should increase and decrease spending, it turns out they actually didn’t want a bladed budget, and that the politicians had given them exactly why they wanted (despite protestations to the contrary)

Re: San Francisco braces for commercial real estate crash

#614

Earlier quoted context omitted.

> Biden Logic(TM) /sigh why does Biden need to be involved in our conversation. For anyone who reads my comments please don’t take this as a pro or against Biden thing. Right now I’m exclusively interested in critical analysis of free drugs at safe injection sites and helping people disconfirm their biases. > The best way to stop addicts from using drugs is to give them even more free drugs. It’s definitely counter i…

> It’s definitely counter intuitive, but 30 years of data speaks for itself (please see my other posts for citations). I agree. That's why, whenever I meet recovering alcoholics, I always send them a few cases of booze, because I know it will help them quit faster. Same with smokers. If I meet anyone trying to quit, I always leave them with a few boxes of free cigarettes. It's very counter intuitive, like you said, b…

Fair enough.. You’re free to believe and say whatever you believe.

That said, while I truly wish you only good things in life, if you ever find yourself not happy with your previous decisions or not happy with your current life setting, I strongly recommend revisiting this comment thread and at least try to start being the type of person that first and foremost looks to disconfirm their biases.

Thanks for your time.

Re: San Francisco braces for commercial real estate crash

#615
post #236

"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.

I feel sorry for individuals that struggle because of this, but collectively, the schadenfreude is delicious. You get what you vote for.

Re: San Francisco braces for commercial real estate crash

#616
post #615
post #236

"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.

I feel sorry for individuals that struggle because of this, but collectively, the schadenfreude is delicious. You get what you vote for.

> You get what you vote for. Not often the case, economic and social maps don’t align with voting maps. Especially in landlocked environment like the peninsula can be totally dominated by SF, where you have to go for services, business, jobs, school, etc.

Another point of influence is SFO – owned and operated by San Francisco. They can screw the air travel for many of their non-constituents.

Re: San Francisco braces for commercial real estate crash

#617

Earlier quoted context omitted.

Whoa, not only last, but last by a long shot. Most of the cities toward the bottom in that list are in the lower 50s and upper 40s. Then you have the bottom 3—Portland at 41%, Cleveland at 36% and San Francisco at 31%. That's quite a drop off.

That's mostly looking at downtown though?

SF is small and its downtown has an oversized impact on its financials. There couple of relatively large areas with older residential buildings that pay fairly low property tax and have mostly small businesses. Business related revenue from relatively small area is what allows San Francisco its breathing space in the budget.

Re: San Francisco braces for commercial real estate crash

#619

Worked for a company once who boasted surviving the hard times of the dot com bubble by selling their headquarters and renting it back until things got better. Has this happened yet or are owners still holding onto their real estate for own use?

Zynga did this a few years ago.

Re: San Francisco braces for commercial real estate crash

#620
post #156

Earlier quoted context omitted.

Many of those codes have been designed to protect incombents from competition and various other forms of encouraging one form of living (car dependent) over others. Plenty of people in Japan, Korea, Hong Kong, etc live happy lives in much much smaller living areas. This makes them more affordable. But building codes in many places in the USA disallow making places that small. Other examples of questionable codes are…

(I'm an Architect who has built in SF) Parking spaces, front yards, back yards, building heights, building types, density etc are all City Planning functions, and you're right, have little to do with life/safety typically, and in many ways are quite destructive by making walkable livable cities very difficult to do now. The Building codes, on the other hand, have evolved with each disaster over the last century or tw…

One San Francisco-specific building code that might make it difficult to subdivide an office building into smaller rooms is SFBC 1204 https://codelibrary.amlegal.com/codes/san_francisco/latest/s... that requires almost all habitable rooms to have a window for natural light. In San Francisco, we trust mechanical ventilation, but for some reason we don’t trust electric lights. I think this code is an obsolete holdover that has nothing to do with health or safety anymore.
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