[more_corn]

Go walk around SoMa and report back. Return to office is not going to happen there. It was too expensive, too crowded, too unpleasant. Everyone took the opportunity presented by the pandemic to peace out.

It’s never coming back. Companies that know have been shutting their SF offices. Once it starts it’ll become a positive feedback loop. And it’s well underway.

An added wrinkle is that the city is addicted to spending. When income drops they’re in for a rude awakening. Already dysfunctional government offices will cease to function entirely. SF is headed for some dark times.