Maybe they don't have as many gazzions at it appears....lots of smoke and mirrors being used to move cash around.....no more shells to play the shell game with!
Posted By: sunking | February 25 2009 at 10:44 AM
Sunking a lot of these people are very cash poor.
Posted By: wahwah | February 25 2009 at 10:47 AM
knock it down and build more condos, thats the SF way!
Posted By: buggler | February 25 2009 at 10:50 AM
Oh, those poor San Francisco Lear Jet Liberals!
Posted By: rueben | February 25 2009 at 10:59 AM
The rich are gradually abandoning San Francisco. Since business and capitalism in any forms are being outlawed by the local politicians, this is one of the inevitable consequences. As they leave the other institutions they support(ed) will also decline and fail, including the museums, the SF Symphony, SF Opera, and SF Ballet.
Posted By: fibdiddler | February 25 2009 at 11:02 AM
And yet the Assessor's Office is still taking the position that real estate values had increased by 2% across SF last year, the latest figures from the Case-Schiller Index notwithstanding. Small wonder that Gavin is looking for a new job.
Posted By: joetheattorney | February 25 2009 at 11:02 AM
They shot Princess Diaries at 2601 Lyon.
Posted By: omnipotent1 | February 25 2009 at 11:08 AM
Tax the Rich! If you can afford $8-million for a house you can afford $1-million in city taxes.
Posted By: publius197 | February 25 2009 at 11:09 AM
Maybe ACORN can move some squatters in. Power to the People, Off the Pigs, Eat the Rich.
Good point. Corporate headquarters are long gone - the dot com entrepreneur class is dwindling. If the old money leaves, too, San Francisco's days as a cultural center are numbered. It will become a theme park caricature of itself, complete with more bums than ever. ;)