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by CydeWeys
1137 days ago
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Look, I'm not gonna argue with you that NYC has always been better than SF (it obviously has), but post-pandemic now the difference is even more stark. NYC's economy is much more diverse than SF's, and also has much more housing within city limits, to the point that it hasn't suffered nearly as much from the pandemic, and indeed right now is booming whereas SF is withering. |
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The entire sofrware+hardware industry before the 2010s was south of Redwood Shores and the biotech industry was always situated in northern San Mateo County. Before the 2010s, SF was primarily a hub for the Northern California legal+investment banking industries, both of which cratered during the GFC.
There's a reason why "FiDi" is called that - SF used to be the Wall Street of the West until the GFC, and most private sector white collar jobs in the city back then were legal and finance related.