Re:Nearly six in 10 US young adults live within 10 miles of ...
by refurb on Thursday December 08, 2022 @11:09PM
(#33917319)
But look at the trend post-Covid. It's basically reversing itself. San Francisco is going be completely screwed by the exodus of workers who live in the city and commuters.
It's one big cycle, people moved to cities during WW2, then out to the suburbs during the 60's. Then back into cities in the 90's, now back out in the 2020's.
Re:Nearly six in 10 US young adults live within 10 miles of ...
by sagarm on Friday December 09, 2022 @02:48AM
(#33918775)
So which is it -- is SF a hell hole because it's too expensive or is it dying because real estate is getting cheaper?
SF will be fine.
Re:Nearly six in 10 US young adults live within 10 miles of ...
by refurb on Friday December 09, 2022 @02:58AM
(#33918831)
Sure it’ll be fine. Just like it was “fine” in the 60-70s when it lost 30% of its population.
But with plunging tax revenue the city is going to be faced with some tough choices.
Cities generate the tax base and subsidize the rest. This is shown in every case. It's not good or bad, just a reality of how density works.