Come on, obviously the Fab 7x7 is down but like you all like to play with stocks, is the Fab 7x7 stock forever down or did it hit a major correction is the question. Historically, SF has been a boom and bust town and has managed to reinvent itself because at the end of the day people do want to live here for many reasons, like the mild weather, etc. What else would explain it? The fact that people are still buying homes in SF in droves tells you at least some people are willing to gamble on the Old Girl. I don’t know if you guys track various cities/neighborhoods via Redfin or Zillow, but I do. My daily feed number shows yes more open houses all around but also plenty of sales happening. Of course it is not to boom time numbers, but closing sales are closing sales. To think that long term, this city won’t come back somehow is ridiculous. We simply got hit the hardest because yeah we were tech ground zero. Honestly, in my line of work, I am exposed to infant companies around here and a lot of my clients, mostly tech, are growing quite nicely.
Not something the doom and gloomers would be interested in. But if you are young, or even better, in the dating market, SF is a city with lots of fun.
https://www.sfgate.com/food/article/sf-new-secret-garden-restaurant-reservations-18148684.php
Oh, Seattle is a complete dumpster fire with open drug markets. Seriously, it’s like a farmer’s market where you buy any drug you want.
The 50% price drop never happened. Inventory is down 50% instead
This article is full of obscenities. But actually quite entertaining.
Still a seller’s market, which of course pisses off buyers
People who are pissed about continuous bad news on SF, contact the mayor.
Multiscreen plexes have been closing down everywhere, so this is not a surprise at all. I only went out to watch John Wick and Top Gun as an extra treat for myself. I could have easily waited for the DVD/streaming to watch on my 82" tv while reclining on my couch…
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Get an Vision Pro.
I have only an Iphone from your favorite company. That’s it!!!
Do you want me to post more ? 
Anyways… I’ll let the echo chamber continue…
Still waiting on the 83" OLED to drop in prices, minimum I’ve seen so far which was in stock was @$3500.
Yeah, still price sticky on the larger screens. I have been pretty happy with my Samsung tv even though it is not the top of the line.
https://www.washingtonpost.com/technology/2023/06/15/ai-taking-jobs-san-francisco/
Venture capitalists have funneled nearly $2 billion in San Francisco-based AI start-ups this year alone, a frenzy of activity that market researchers say could help usher in another tech boom for the beleaguered city, salvage its reputation as the epicenter of innovation — and finally get more people back to the office.
Mike Sample, a managing director at commercial real estate company JLL, said his firm has experienced the most activity related to office searches since vaccines became available in 2021. He estimates that 30 percent of interest in new leases is coming from AI companies alone, ranging from young start-ups to more mature companies.
Of the top 20 AI companies by dollars raised, 16 are in the Bay Area and 11 are in San Francisco, according to San Francisco’s Office of Economic and Workforce Development. The San Francisco-based companies have together raised $15.7 billion and employ an estimated 3,400 people, the office said. Along with OpenAI, other companies in San Francisco include Anthropic, Scale AI and Dialpad.
Regardless of where they are located in San Francisco, entrepreneurs like Avni Patel Thompson, the co-founder and CEO of AI company Milo, say just being in the city is key for the “serendipity” of meeting others in the field and being around such a high concentration of talent.
She recently leased space in the Mission District and is planning to look at space downtown as her company continues to grow. She said she has been lured into San Francisco’s “gravitational pull.”
Do you still not get it? They are “SF startups” in name only. Most don’t have offices, and the employees don’t live there. When there are exits, that money is leaving the Bay Area to where employees actually live. Just look at the cell phone data.
and
I don’t know man. I tend to place more weight on the people on the ground than out-of-town doom and gloomers just having an opinion.
“America has only three cities: New York, San Francisco, and New Orleans.
Everywhere else is Cleveland.”
― Tennessee Williams
Gosh, even the Grand Puba has drank the Fab 7x7 Kool-Aid!!!
But seriously, hard to imagine that SF will be down forever. No. Way.
Dude, math…
30% of new lease interest. They don’t even talk about total lease interest. Vacancy is increasing. It’s not nearly enough interest to offset the tenants leaving. Prices of office buildings are plummeting. If that 30% quote was anything remotely positive, then prices would be increasing.
If so many people are in the office, then why is cell phone activity still down a ton from pre-pandemic levels?