Re:San Francisco braces for commercial real estate crash
by raverbashing on Tuesday September 06, 2022 @02:58PM
(#32741604)
For real. I really don't know why people would bother opening offices there. Especially post pandemic
"Investment", VCs are all around the US now and those who refuse to invest outside of city boundaries are going to have a bad time. At this point even setting shop in LA might be cheaper and give you a nicer scenery.
"Talent", hire remotely for the most talent-sensitive positions. Your react app is not rocket science.
The NIMBYs are right, we should stop moving there and stop paying them those extortionate rents.
"Investment", VCs are all around the US now and those who refuse to invest outside of city boundaries are going to have a bad time. At this point even setting shop in LA might be cheaper and give you a nicer scenery.
"Talent", hire remotely for the most talent-sensitive positions. Your react app is not rocket science.
The NIMBYs are right, we should stop moving there and stop paying them those extortionate rents.