Posted on 02/10/2023 8:35:55 AM PST by Oldeconomybuyer
During her annual state of the city address Tuesday, San Francisco Mayor London Breed proclaimed that the city's downtown, “as we know it,” is “not coming back.”
Still, Breed said the shift would not impede a broader economic recovery.
“You know what? That's OK,” Breed said. “Empty office buildings have fueled dire predictions about economic doom and screaming headlines about the death of downtown.”
Breed recounted how even though the city has struggled to return to its pre-pandemic state, downtown San Francisco was in far worse shape after the 1906 earthquake.
“In 1907, downtown was mostly rubble and ash. That’s considerably worse than today’s shift in how people are working,” she said.
Breed’s remarks come after a recent study revealed that downtown San Francisco has sustained the weakest recovery from the coronavirus pandemic among major United States cities, reaching only 31% of its fall 2019 activity.
(Excerpt) Read more at sfgate.com ...
It seems if the city wants all that empty office space filled they could turn it into “free” homeless housing. They’ll have the population of San Francisco rising again in no time. There won’t be a tax base from which to draw money to run the city, but at least the downtown buildings will be filled. That’s what is important, right? LOL!
I am not going there.
``````````````````````````````````````
With or without flowers in my hair!
Sure. Ruin everything, then say 'whatever'.
Enjoy the misery, Dem voters in San Fran.
The Millenium Tower is a great example. It is leaning now, what will happen when you get a mag 7.5? I won’t be near it!
So she is OK continuing the policies that are leading to the absolute destruction of the San Francisco tax base and somehow it’s all gonna work out. Where will the money come from in the future
I left in 2008 - and I’m not coming back, either. :)
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.