Give it some time to get situated in the marketplace. There are a ton of "middleware" companies that are going to get absolutely crushed by openai when businesses commit.

Paying a bribe should not get you in trouble. The city forces their hand. One stroke of their pen and your design costs increase by tens of thousands under some minor pretext. If you want to get something done you absolutely have to bribe them or they will decimate your budget with endless changes.

Ahh yes these pesky pretexts like regulations… look no further than China for what happens when one takes this to its logical conclusion.

When fed lowers rates there will be another massive boom, so prepare for it!

Rate cuts are usually done in response to unemployment spiking. It could take things awhile to recover once they start cutting as that likely means the economy has entered a recession.

That being said - it could be the best time to buy, but not for those that lose their job.

Of course landlords want to make money. Some make a lot and some make a little. But only recently has "profit-making" become a dirty word.

It's well established that in high demand areas like CA regulations are excessively burdensome. But go ahead and increase regulations, maybe I can retire earlier as a result!

More likely scenario to solve the affordability issue is 40-50y mortgages, and socialistic handouts by states (like CA is doing).

Bankruptcy is nothing to be ashamed about although it's preferable to avoid it.

The world changes a lot and it's trivial to get caught in situations where it is unavoidable.

Bankruptcy provides a legal way to force some restructuring to hopefully save the company.

Yes. A lot of the social issues we have today point to needed overhauls of many institutions.

When will people learn that more taxes make things more expensive?

It's like people actually want to have world of obscenely rich and obscenely poor people... with nothing in the middle.

Land Value Taxes are different. Nobody produces land so taxing it doesn't add to production costs and there is no deadweight loss. The economic burden of the tax falls only upon the land owner (in their role as a land owner) and cannot effectively be passed onto tenants. Land value is an economic rent which is arguably what we should tax more of and reduce taxes on consumption and income.

Can you explain how the landlord will be prevented from passing on the land tax to the tenant?

In a place like SF it’s really quite fun to commute to the office. I can easily see cities not having much WFH. Elsewhere, the commute just wrecks your soul.

Glad to hear SF bouncing back!

Yes, but with traffic (or reliance on public transit, and the Bay Area's n different transit orgs), a 10 mile commute could easily be more than an hour each way.

Housing costs are just a symptom of high cost of living.

High income taxes. Fees and taxes on everything. Burdensome regulations for everything. Oppressive cult environment. No political power or will to change. Highly litigious environment.

Housing costs are high for well known reasons (not prop 13). Likely to continue given social and political mindset.

These are the reasons people leave.