02-04-2023 05:34 via it.slashdot.org

San Francisco Faces 'Doom Loop' from Office Workers Staying Home, Gutting Tax Base

Today a warning was published from the editorial board of the San Francisco Chronicle. "Experts say post-pandemic woes stemming from office workers staying home instead of commuting into the city could send San Francisco into a 'doom loop' that would gut its tax base, decimate fare-reliant regional transit systems like BART and trap it in an economic death spiral...."Despite our housing crisis, it was years into the COVID pandemic before our leaders meaningfully questioned the logic of reserving
Read more »