San Francisco now has the highest sublease availability in the country, with about 30% of the available space in the city being listed by tenants, according to data firm CoStar Inc. In Silicon Valley, the problem isn’t as bad. While sublease has increased to about 2.5% of total market space from about 2.2% in the fourth quarter of 2019, it is still a lot lower than the 3.5% level it hit in 2018, according to CoStar. https://www.google.com/amp/s/www.wsj.com/amp/articles/as-tech-firms-rethink-san-francisco-silicon-valley-stands-to-gain-11592308801
This is a double blow to SF as a city. It was already facing the situation where mega events were moving to Vegas and other more safer cities from SF in 2019.
Don’t feel bad for SF at all. Did they really think they could get away with not cleaning up the streets for that long
I moved to SF circa 2011 and it was gross then, but it’s insanely disgusting now. Glad I’ve moved to a nicer location in CA and work remote (even before COVID)
The homeless can move into the empty space! Problem solved!
They're already living in the hotels now.
Bus more in then
If they don’t solve the home less and crime problem things will get even worse
They have incentives not to because they'll vote in the people who give them free shit
SF is such a shit hole.
Literally
Anyone moving there is out of his mind.
Seattle is going the SF path as well. Most companies trying to move to Bellevue or Redmond.
SF is the shitties town in US. If you drive and park there, most likely you car will get broken into within few hrs. Nobody does anything about it. Place is gross. Which is a pity because it used to be cute.
Right on the spot. In 2010 I was worried about parking in SF but would still do it. In 2020 I will only drive to SF if it is an emergency.
Couldn’t agree more, my rental got broken into last year while on a trip for an interview and they said it’s a common occurrence and no one does shit..
CA isnt business friendly. COVID is going to cause this to only increase.
Liberals getting what they voted for, and then moving on to ruin another city with their idiotic policies
WFH = FTW
WFH = WTF
WFH 🤮