Re:San Francisco braces for commercial real estate crash
by diebeforei485 on Tuesday September 06, 2022 @03:53PM
(#32742368)
What? The only ones who got tax breaks were those who moved to Mid Market, a depressed area. Twitter was going to move out of the city when they outgrew their Folsom St office, instead they moved to Mid-Market. It's gotten a lot better now, so the tax breaks did their job.
You are laughable. The reason the City is in this state is because it pandered to tech firms that wanted the "coolness' without paying anything for it (and if anything, getting special dispensations for their own). They got tax breaks and perks, screwing every small local business and middle class residential tenant in sight, for big tech that didn't and doesn't care.