'Rich people leave, artists and queerdos return': is San Francisco's tech exodus real or a fantasy? - News Summed Up

'Rich people leave, artists and queerdos return': is San Francisco's tech exodus real or a fantasy?


Through free massages, decompression capsules, and limitless nitro cold brew, San Francisco’s tech companies spent the last decade making their offices considerably comfier than the average cubicle farm. San Francisco’s official population had already begun to decline slightly last year, shedding some 2,500 people from its all-time high of 884,000. On the residential side of things, the number of homes on the market in San Francisco is up 150% year-over-year. The San Francisco Chamber of Commerce reported that restaurant sales are down 91% since March, rendering the idea that a near-future San Francisco could resemble the “poor but sexy” Berlin of 20 years ago a probable fantasy. Advocates blame city neglect during pandemic Read moreFacebook Twitter Pinterest The Twitter headquarters in San Francisco, California, before the pandemic.


Source: The Guardian September 12, 2020 09:56 UTC



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