San Francisco’s tech fiefdom is dying
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The refusal of 3 American cities to grow has made us all substantially poorer (New York, San Jose, and San Francisco): https://www.econlib.org/a-correction-on-housing-regulation/
> revitalize the American heartland while moving America toward a greener, high-tech future
Every time someone moves from the suburbs to a transit connected apartment building in SF their carbon emissions are cut in half.
Our housing stupidity could easily wreck our national economy
> Every time someone moves from the suburbs to a transit connected apartment building in SF their carbon emissions are cut in half.
I kind of agree, but if these people are truly shifting to remote work, commutes won't be quite as big a deal. (but there are of course a laundry list of other reasons why suburbs are unsustainable)
* specifically the share of income spent on rent
My hope is we'll start seeing the next wave soon-- I'm seeing a lot of potential SFBA groundwork relating to CRISPR and genetics, neural links with AR+AI, and biopharma coupled with human potential advancements.
I hope you're right!
> If there is less deep poverty in San Francisco than in New York, is it not because San Francisco is yet behind new York in all that both cities are striving for? When San Francisco reaches the point where New York now is, who can doubt that there will also be ragged and barefooted children on her streets?
In our current system, poverty advances alongside progress. Landlords are the only beneficiaries in a system without Land Value Tax, everyone else is at best doomed to face the trade-offs of going to less productive cities.
Now if they bought at an extremely high price and are highly leveraged, they might now feel that way, but the net effect either way is the same. The people who own homes lobby against pro growth policies that would bring down housing costs, while the people who don’t aren’t driven out and unable to vote to make the necessary changes.
https://blog.simonsays.ai/a-good-walk-spoiled-with-malcolm-g...
https://www.theguardian.com/technology/2016/dec/15/google-ca...
On top of that it's passed down between generations so anyone who's bloodline has a landowning Native Son of the Golden West gets a cut. CA tax policy might as well be game of thrones.
But what about "poor old grandma who's house is now worth 2M"? She has the CA Tax Postponment Program that will guarantee her stability until the day she dies. Prop 13 is wholly unnecessary.
But when 13 was passed it wasn't about grandma. Jerry Brown put together 1978 Prop 8 for that. Howard Jarvis convinced voters that the state was taxing their money away for no reason and demanded big cuts as a vengeful "revolt".
https://teachingmalinche.com/2018/08/26/the-summer-that-elvi...
It's gross down to the core. Look at the kind of things Jarvis was saying:
> The public school system is second to none in waste, incompetence, and zero results. I think the public school system is a cancer on this society. The only difference between the public schools and the Mafia is that the public schools steal more money.
https://www.libertarianism.org/publications/essays/howard-ja...
[1]https://www.investopedia.com/ask/answers/020915/what-country...
And the US is dead near the bottom in social spending. As a result American schools are asked to do a hell of a lot more than other nations.
American teacher salaries are higher than overseas but, by US standards, teachers aren't paid very much. In the US salaries are high but social safety nets are non-existent. In California it's even more extreme because the cost of living is out of control (arguably because of Prop 13).
> little to show for it in terms of results.
Curious why you think that.
The UCs are the envy of the planet and, before Jarvis, they were free. People bust their ass at IIT, Tsingua, or ETH Zurich then fly over here for grad school at UCLA where they ultimately land jobs at American companies. Why you'd want to defund this process I have no idea. Seems like the kind of thing we should be aggressively expanding.
For K-12, unlike most of the world, US schools have been educating more and more people from different ethnic backgrounds. It's no secret that blacks and hispanics do worse on standardized math tests and when you mix them in with the rest of course average scores go down. But when you slice by ethnicity both groups individually have been improving.
> someone, may be at the administrative levels, is obviously profiting.
"obviously" you should be able to point to who it is
As a person in tech, I can work remotely from anywhere. Why would I want to move back to SF.
Company may ask you to.
When going out, you could easily meet people working for those, and get a foot in the door, as you may have made already a positive initial impression in a casual environment.
Remotely, you will compete with a much larger pool of people.
It's not just that, you actually can't avoid them. If you write software and are walking someplace in a commercial part of San Francisco, basically every conversation you overhear is one you could immediately join in on.
Breaking up the clump is probably healthy for everyone involved.
Prop 13 is over $30B per year -- that's 4x the NSF and 7B more than NASA. California could have it's own NASA!
You're confusing CA with TX.
I used to live in Anza Valley (Riverside County), where the local co-op lost power at least once per month.
California do not have reliable power. California utilities have been charged with various felonies. California utilities had previously been allowed, by the state government, to increase rates without requiring routine maintenance to power and gas infrastructure.
I even personally know some people who worked on the grid. They told me the regulations keep them replacing decades old part designs because they’re the only ones approved.
The reality is California’s government is both incompetent and corrupt. Businesses are owned by the politicians in many cases, so you can’t really distinguish.
Convicted of federal felonies, in at least PG&Es case, both in the San Bruno gas explosion and the more recent fires.
Living in SF is a different thing.
The traffic really sucks and the public transportation is inadequate.
During major conferences the city gets completely saturated with people and transportation sucks even more.
Commuting from outside the city is a via crucis that will destroy your spirit.
Public works take fucking forever to complete, blocking streets for years.
Air quality is nice, except during wildfire season. You will need to seal your windows, doors, AC, buy air filters and masks. It sucks.
The cost of living is fucking absurd. The will keep raising your rent every goddamn year.
The homelessness situation is pretty bad, and since the city has not installed public bathrooms, they have to spend hundreds of millions of dollars removing poop from the streets.
And needles. Fucking used needles everywhere.
I saw a video recently about the Ogallala Aquifer (a large body of water that feeds the agricultural belt in central US). It argued that because state lines were drawn in a nearly arbitrary fashion, states are incentivized to compete against each other to develop/maintain their agricultural industries, even if that means draining the water unsustainably. It argues that a hypothetical megastate whose area encompasses the entirety of the aquifer would see that it's in its own interest to manage the aquifer efficiently and sustainably, rather than fight against neighbouring states in a tragedy of the commons.
`s/water/VC money + talent/` and I think you can see where we're going with this. Could the next Apple be born in Denver? Could the next Google be born in Miami? You could arguably look at Toronto, Canada as an example of what sort of level of innovation one could reasonably expect from a local growing hub. But if hypothetically, the SF tech scene were to actually die (or be irreparably crippled by the tech exodus), I'd think the US as a whole would lose a major economic/technological edge, especially compared to places like China.
Is that "good for the US"? Perhaps so for the folks that can ride the growth in the local hubs. Perhaps their locals will also come to loathe techies. But alas, perhaps it won't be so good after all, if it means the existing tech giants will never again see worthy competition/disruption, and if it means that the US starts seeing technological advances originating from other countries while no longer able to sprout them at the scale that today's tech giants have been able to in the past.
What an interesting website...
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So to be objective, they just ingest a lot of other subjective news and do their own research but then don't post their own research? I'm a bit confused.
Has its homeless and high tax issues as well, but at least there is lots of room and nimby's have lost their tight grip preventing development.
I wrote "uncertainty" because things may change very soon.
But the overall trend is very disturbing. Crime may be old news, but the rate is higher than it has been in a while, and going up.
Housing is down recently from all-time highs, but still very high in absolute terms.
So none of this is new, but the Covid shock to the system has created the opportunity for people to leave in the way that there wasn't before.
San Francisco will be OK, wave after wave of rise and decline has been its way since the gold rush.
[1] https://www.sfchronicle.com/local/article/San-Francisco-s-cr...
Maybe you should make it an Ask HN.
Still, it is very pretty here.