Key graf on page 5: "Prior to the pandemic, downtown San Francisco saw strong net new business formation, with 711 net new establishments in the information, financial, and professional services sectors in 2017 (Figure 3). The trajectory reversed sharply during the pandemic and by 2025, this figure fell to just 25 – a decline of 96%."
Is it true SF can get away with not caring about constrained economic growth?. Regardless of not allowing any data centers, it's still a good location, and location is everything.
It's absolutely brain dead that it applies to commercial and industrial property. (It's not good policy for residential either, but more understandable)
Oh wow another billionaire "council" that somehow always argues for lower taxes and regulations as being necessary for business while never advocating for worker rights, better pay for workers, or any social welfare services that would help SF workers like universal childcare or medicare for all.
Key graf on page 5: "Prior to the pandemic, downtown San Francisco saw strong net new business formation, with 711 net new establishments in the information, financial, and professional services sectors in 2017 (Figure 3). The trajectory reversed sharply during the pandemic and by 2025, this figure fell to just 25 – a decline of 96%."
Is it true SF can get away with not caring about constrained economic growth?. Regardless of not allowing any data centers, it's still a good location, and location is everything.
Do not ever open a business in sf. Their tax office is corrupt.
Prop 13 is clearly the most distortionary issue, of all. Until that is overturned, you are stuck with constrained growth.
It's absolutely brain dead that it applies to commercial and industrial property. (It's not good policy for residential either, but more understandable)
Oh wow another billionaire "council" that somehow always argues for lower taxes and regulations as being necessary for business while never advocating for worker rights, better pay for workers, or any social welfare services that would help SF workers like universal childcare or medicare for all.