Will be sold for 10 cents on the dollar to developers or the state. This was the plan.
Yes, most likely a Chinese affiliated developer.
“Will be sold for 10 cents on the dollar to developers or the state.”
One developer announced a deep discount purchase of an SF building a few months back. But I’m not aware of any others.
Unless there are major societal changes (getting rid of woke DAs, strong law & order policing, boosting police budgets, strict enforcement of what’s left of vagrancy laws, stopping the drug flow, huge sea-change in voting behavior, etc) these cities are not coming back. And there’s little sign that any correctives are being applied or will be applied.
Plus you have the overhand of that insane New York AG working hard to illegally steal Trump’s assets and the very stupid governor saying “We won’t do it to you - only to Trump. Please don’t leave NYC!” That Bill of Attainder and Cruel & Unusual Punishment can be copied by any woke state or city.
Would any developer in his right mind invest in SF? I’m doubtful.
State will take it. No successful developers would build in SF with the current political leadership.
Or turned in to luxury housing for illegal aliens where they will live for free courtesy of the stupid gringo taxpayer.
My bro believes the Chinese will snap up NYC and San Fran for pennies from the original price.
Yup. Intentional destruction of value so the well connected can come in and swoop up the distressed properties on the cheap.
Then they turn things around and get a 900% profit.
Newsome is part of this plan
‘
To: (use semi-colons to separate multiple recipients)
nikos1121
Your Reply: (HTML auto-detected, see help for more information)
Tagline: (optional, printed after your name on post):
I have already previewed or do not wish to preview this composition.
Loose lips sink ships.
In the General/Chat forum, on a thread titled Every store is CLOSED on Mission St., San Francisco , nikos1121 wrote:
Will be sold for 10 cents on the dollar to developers or the state. This was the plan”
Or China. That visit by Xi was probably an open house invite.