.
That’s what I have said.
I didn’t make any inflection theory. Evidence is weaker.
Back to S.F., I recalled my stand is other tech hubs would continue to become stronger ie not just as migration places for “op” and less advanced tech but will have more and more leading edge startups. Anyhoo this is not the development that we are interested in as RE investors. I have said this many times.
As RE Investors, only interested in the implications on RE. What follows from above developments is RE of tech hubs outside S.F. would appreciate in prices because of inflows from S.F. Because it starts from lower prices, likely to show higher appreciation rate. That is what is happening now, prices in Austin and East Bay are rising faster than in S.F.
Some how you got stuck in the start up development which is not relevant to you as you have retired and is not a private equity investor. You are a stock and RE investor.
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Been there. Food was good
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so good, I’ll go back even with that scare…worth it 
cant blame prime rib. they are creating physical product. quality food will become too expensive as not much skill labor going there.
15mins from our house, we love the foods there. Me & my m]wife discussed the other day why they closed it. We thought they lease was run out.
Great foods for affordable price though…
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At a board of supervisors hearing last week, representatives from Walgreens said that thefts at its stores in San Francisco were four times the chain’s national average, and that it had closed 17 stores, largely because the scale of thefts had made business untenable.
The retail executives and police officers emphasized the role of organized crime in the thefts. And they told the supervisors that Proposition 47, the 2014 ballot measure that reclassified nonviolent thefts as misdemeanors if the stolen goods are worth less than $950, had emboldened thieves.
“The one trend we are seeing is more violence and escalating — and much more bold,” said Commander Raj Vaswani, the head of the investigations bureau at the San Francisco Police Department. “We see a lot of repeat offenders.”
San Francisco has suffered in a variety of ways during the pandemic. The city has had twice as many fatal drug overdoses as coronavirus deaths. Tents of legions of homeless people lined sidewalks during the lockdowns.
My view is things were bad even before 2014 law. I had classmates visiting SFO in 2011, and they had parked their car at Lombard street for 2-3 minutes and their car was broken into and all their luggage including their passports were stolen. Also, I think the crime has now spilled over from SFO to rest of Bay Area like our Tesla was broken into last year in SJ and work bag stolen within just a minute and at @the same time at least 4 cars were broken into in the same parking lot. The police was least interested in taking down a complaint and I insisted on a complaint so that there is less underreporting of car breakins.
Wow, 2x more drug overdose deaths than covid deaths. People don’t care though. Those aren’t sympathetic deaths.
The shoplifting thing sounds like Detroit.
SF has created 2 new businesses.
- Car window repair
- Open drug sales on street corners. The homeless need crime to fund their drug purchases.
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The irony is, unlike stealing from large stores such as Walgreens or an Asian owner who owns a single store trying to get food on the table and college for his kids, no stealing can be even be remotely imagined by these people from the Drug sellers, because they know full well what that will result in.
The power move couple months back was to take out a lease in rent controlled units in SF and NYC, when landlords were despite and gave out incentives left and right. There’s still time now. Young people should seize the opportunity and move to superstar cities like NYC and SF. Forget second tier also-runs like Austin.
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I have lived in NYC for 4 yrs and been to Sydney, Europe. No city even comes close to NYC and can’t replicate it. It’s a different monster and I believe people will be back. I have lived in Oklahoma for 2 yrs, never ever even want to visit that place! SF I need to explore more but from what I read it’s second best to NYC for young people.
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What made you to move to bay area and never return to the first best city?
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change of job and can’t handle cold for a long time ( my wife has more problem with it than me). Also people who don’t like busy life would hate NYC but still can go to Long Island.
If NYC was such a good city as you said and you were really motivated to live, being the No 1 City, could you not find another job , or get into another line of work? I agree it is indeed cold in the NYC, but still better than much of the east coast like Boston or New England states and even Mid Western cities like Chicago, Minneapolis, or Detroit.
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