Office Vacancy Rate in San Francisco Just Hit a New High

Re:Office Vacancy Rate in San Francisco Just Hit a New High by kasey_junk on Tuesday October 18, 2022 @11:03AM (#33248327)

Who do you expect will pay for the conversions if not landlords?

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Re:Office Vacancy Rate in San Francisco Just Hit a New High by porcc on Tuesday October 18, 2022 @11:04AM (#33248342)

Obviously government subsidy..

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Re:Office Vacancy Rate in San Francisco Just Hit a New High by dahfizz on Tuesday October 18, 2022 @11:12AM (#33248474)

Subsidies.... to the landlords who own the buildings? Or are you saying this will be owned and operated by the government?

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Re:Office Vacancy Rate in San Francisco Just Hit a New High by HEmanZ on Tuesday October 18, 2022 @11:09AM (#33248423)

Meaning taxes

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Re:Office Vacancy Rate in San Francisco Just Hit a New High by mc32 on Tuesday October 18, 2022 @11:12AM (#33248493)

Or, good old QE.

Who wants to live in a city if you can work from home? If you are poor and need housing subsidies and there are no jobs for you, there is no reason to live in the city to begin with. People go live where the jobs are. Without "white collar" jobs producing demand for services, there is much less demand for "blue collar" jobs.

If it's just cooping people up, there are cheaper ways to house people than maintaining expensive buildings that need financing and upkeep.

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