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1,154,728 Views • Oct 5, 2023 • Click to toggle off description
But recently there have been small signs of a turnaround. With the AI boom hitting the Golden Gate City and new government policies helping streamline the permitting process for new businesses, San Francisco’s economy could be making a turn.
WSJ explores whether these new city policies and fresh commercial interest can return San Francisco’s downtown to its former glory.
0:00 Exodus of workers and businesses
1:14 Vacant office space
2:27 AI boom in San Francisco
4:04 Local business owner
5:31 Revitalizing downtown San Francisco
News Explainers
Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
#SanFrancisco #AI #WSJ
Views : 1,154,728
Genre: News & Politics
Date of upload: Oct 5, 2023 ^^
Rating : 4.225 (2,702/11,244 LTDR)
RYD date created : 2024-05-10T16:02:28.384717Z
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YouTube Comments - 2,234 Comments
Top Comments of this video!! :3
The mayor said that there is a perception problem. Yeah, right. It’s her perception that is the problem.
2.7K |
The politicians are more concerned about the narrative than addressing the actual issues.
2K |
I've lived in San Francisco for over 50 years, and downtown has always been sketchy. It's considerably worse now, but a bigger problem that the media ignores is that the once highly desirable, once good quality of life, once safe to raise a family in residential neighborhoods like the Richmond and the Sunset districts have seen a dramatic increase in homelessness and crime, and you can't walk more than 4 blocks without smelling urine. My neighborhood used to be the second safest neighborhood in San Francisco, but in the last year, seven houses on my block alone have been broken into (including my own), and within 5 blocks of my house, there have been 8 violent assaults that I know of and one murder. More and more neighbors are putting iron gates and bars on their front doors and windows and installing security systems, and several neighbors have posted signs warning criminals that the occupants are armed.
249 |
I am a San Francisco resident. This year, I gave birth to my lovely daughter and learned that I cannot take Ubers with a baby (no car seat) or ride a bike with an infant. This made me dependent on sidewalks.
Let me tell you about the horror of using sidewalks in San Francisco. I am constantly spat on and verbally abused by people living in encampments. They verbally assault me and threaten me. I have complained to the city through 311 many times, but all of my cases for unwalkable sidewalks were closed as "solved."
I went to an in-person meeting with a Mission District representative. On the way there (walking), I was thrown empty bottles of alcohol by encampment inhabitants because I was taking a video of how I needed to enter a road (full of cars) because they would not let me through. I showed this video at the meeting and was dismissed as entitled by some random homeless NGO. I sent the video to city representatives, and they literally responded to me, "What can look like trash to you can be someone's property."
The mayor should be jailed, and this city should go bankrupt and get into management of some other system/city. We will move out as soon as the mortgage rates are better. I am ashamed of myself how ignorant to sidewalks I was before having a baby.
1.7K |
The mayor really just said SF is doing better than when it experienced the 1907 earthquake. Wow, what a hard expectation to beat lol.
516 |
We were in San Francisco about 12 years ago and we didn't encounter anything like this. Walked everywhere day and night and never had a problem or felt in danger. Shopped in stores in all different areas. It was a wonderful city to visit. Seeing it decline to the point that drug addicts and the homeless have taken over public spaces and have their crimes and harassment of residents excused away is sickening. And it's not helping anyone to allow this degenerate behavior. Property owners and tax payers need to vote the mayor and the council members out.
84 |
Breed said "SF Downtown is not the same/coming back as we knew it & that's okay"
What a terrible statement to make from her position. Get her out of there. She's part of the problem. No vision, no insights, no plan of action, no power, no voice. It's all fluff.
7 |
Denial is not a solution, we need a new mayor who is NOT always in denial mode
1.5K |
Government allowed San Francisco to become completely unaffordable and relied heavily on keeping workers in the office. Now that the workers have more freedom and leverage there’s no reason to pay 4K for a one bedroom apartment anymore
674 |
My fanily took me on a trip to San Fran when I was about 11. It became a magical experience. I took a trip there recently and couldn’t recognize it. It’s a different city now and I don’t know how it’ll ever be the same.
29 |
Lived around SF my whole life. It's definitely gotten worse. Say what you want but the problem is police and DA not doing anything. Politics aside people are afraid to come back and make their trips into the city very short. Why is it that everyday I'm reading about a new robbery in SF and police not doing a thing? The city allowed it to get this bad and people will not return for a long time. This is actually much worse than a pile of rubble because at least the rubble kept the crime away.
21 |
I've lived in the Tenderloin for the past 9 years. Things have gotten worse with crime, drug users and drug sellers. Homelessness is directly related to mental health issues and people living on the sidewalk. Mayor London Breed recently took a walk on 24th and Noe, a predominantly upper middle class neighborhood, to find out what could be done to make things safer and business more profitable. Talking with business owners, etc.. Wrong neighborhood, lady. Performative politics at it's finest.
981 |
I lived and worked in San Francisco for 21 years after 21. perception is reality. Please stop blaming the pandemic.
411 |
I visited San Francisco as a foreigner in the early 2010s and it was one of the best moments in my life. I absolutely loved the city. I can't believe it has turned to this. I have never visited after that so it's hard to believe that such a great city collapsed like this within 10 years
74 |
They need to tackle crime and homelessness (the two are hand in hand) it’s time to deal with these issues and deal with them harshly
37 |
I love when someone's argument of we're not doing terribly wrong is saying that there has been worst times. I've never understood what's the need to compare to the worse, and not strive for the best.
639 |
People want to live in cities. Especially young people. And especially San Francisco. If you've managed to make San Francisco so unlivable that everyone moves away and no one moves in, you really have truly screwed up.
194 |
I started working in SF 2 weeks before the covid lockdown happened on March 17, 2020. I started work again in 2022 at media/entertainment giant based out of burbank (with an SF office building), and there was about 5-10 people in an office that could fit maybe 250 people. The crime and drug use on market street's open air drug market alone makes me not want to work in the city again. I have friends who visit the city and they say they might / will not ever come back again. The mayor and city officials are completely out of touch with what is going on. Boom or bust, if the drug, crimes, and constant bipping of tourist's cars on the daily in open daylight - are not resolved, no one will want to come back. They are all going to south bay in Mountain View/Palo Alto/Sunnyvale, and driving all the rent prices up there.
To put things into perspective, low income threshold is $105,000. That is insane for anyone not working in technology/VC/finance etc. and even then with a 6 figure job, you still feel poor with the amount of money they are charging to even park a car for a month ($300).
30 |
I loved San Francisco in the 70s, 80s and 90s. It was a bustling “lived in city”. People worked, shopped, played and lived there.
5 |
@sungyang2280
7 months ago
Unless you control crime and homelessness, these efforts will be futile.
2.7K |