@manch you will love but many will hate ![]()
Good find.
Most of these haters donât care about San Francisco except to use it as a liberal hate symbol. I have no doubt SF will bounce back. I always find it odd people donât think NYC will collapse anytime soon as a finance center but SF can be easily replaced as a tech hub.
Hereâs another Twitter thread about raising kids in SF. May blow peopleâs minds there are actually kids in SF.
I am just pointing out that SF still has a lot of families raising kids here.
Also, private school is a big thing in the city. To get the whole picture you need to look at privates enrollment as well.
Elementary school enrollment in public school only went down 15% in 23 years? Thatâs less than I expected. The Covid closure in public schools had many parents transfer their kids to private schools. SF voters recalled the school board as a result.
Iâll just stick with data. SF is dead last in percent of population under 18.
Yup. SF is expensive because itâs desirable.
Cities with most kids are cheap towns like Salinas and Bakersfield. Thanks but no thanks. You can move there if you want.
Nice pivot. YawnâŚ
Itâs really lovely there.
Colin Yasukochi, executive director of CBREâs Tech Insight, compared the Presidio to Sand Hill Road, the historic address for VCs in Silicon Valley.
âWe do have this phenomenon that we call âflight to qualityâ in real estate here,â he said. âThe Presidio has evolved as the Sand Hill Road of San Francisco.â
Is an AI boom enough?
However, not everyone in the commercial real estate space believes the recent AI boom is enough to revive the city.
Hans Hansson, the president of Starboard CRE, a San Francisco-based commercial real estate firm, said that while he has seen some companies, including smaller AI firms, take advantage of relatively lower office rents in San Francisco in recent months, he doesnât believe that an AI boom alone is enough to repair the damage to the cityâs economy.
âAI firms are great if you have 100 or so people coming into the office every day, but if you have an AI firm where three-quarters of the firm is remote and only a third is actually working on-site, that doesnât support all the other services that would go in and join you, like restaurants, bars and all the other fun stuff youâd have on the ground floor of office buildings,â he said.
âI think the crash is coming, and it hasnât happened yet,â he added, referring to commercial real estate prices.
Quinn said that despite an uptick in AI companies renting office space, JLL has seen more traditional businesses, like banks and law firms, look to reduce their office spaces or leave the city when their leases come due.
âWe were used to being the real estate darling across the United States, so this is a new dynamic that we havenât experienced before,â he said.
https://www.cnn.com/2023/07/10/business/ai-real-estate-san-francisco/index.html
Rents seem to clearly indicate which places are in more demand.
South Bay
SF ![]()
More importantly, Austin ![]()
Makers of Snapchat hunting for San Francisco office space
Some nine months after pulling out of its SoMa office as part of a major restructuring effort and shifting to remote work, the Santa Monica-based parent of social media messaging app Snapchat has launched a search for a new office in San Francisco, multiple sources with insight into the companyâs real estate strategy have confirmed.
Snapâs foray into remote work didnât last long. In November â after Snap reported its slowest quarterly sales growth in its history â CEO Evan Spiegel announced that employees would be required to return to the office four days per week, and that the company would phase out its predominantly remote work policy starting in February.
Remote work trend is reversing.
There are plenty of lovely places in the Fab 7x7. Just that the pathetic âleadersâ of our fair city over the last few years have Fâd it all up. Plain and simple.
Vote the bums out next year dude. Tell all your family and friends.
Need to reclaim the BoS.

