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Old Posted Mar 28, 2019, 12:15 AM
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Pedestrian Pedestrian is offline
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Join Date: Dec 2016
Location: San Francisco
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Quote:
Originally Posted by dimondpark View Post
Trust me, the housing affordability crisis is killing any sense of benefit the Bay Area has had from this current boom. It's ridiculous.
I'd also say the dominance of "tech bros" everywhere and anywhere, whether lined up for ice cream at Bi-Rite or getting drunk on Marina Green or grabbing tables at every eatery in town has also killed any sense of benefit. Many people would love to see it all end a la 2000 - 2003 but it isn't showing any signs of that.

I think the development boom has peaked because building costs have gotten so high, we are at or near Prop. M caps and many of the most desirable sites have been built on, but the tech industry marches on with companies like Saleforce leasing entire buildings not even approved yet (750 Howard).
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