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by thegaulofthem
1134 days ago
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San Francisco will simply become the new Detroit. It will still exist, some headquarters will still exist but the city proper will be the butt of a bad joke for a long time. Folks will live in nice suburbs and be forced to commute while the city core rots. Considering Detroit once held the record for patents filed, this isn’t all too far fetched. Maybe there is some type of awful natural law to be found even? |
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People forget what drew (and to a lesser extent, still draws, despite the valid complaints) people to California is the weather and climate, the nature, the mountains, the desert, and the ocean. It’s objectively one of the most gorgeous and geographically diverse states (and I don’t say that lightly, as a Texan myself).
There will be a devastating earthquake here sooner than later, but after what I imagine will be a particularly devastating 3-5 year initial adjustment period where certain segments of the media will be jumping at the bit to say “California is dead” (remember NYC and Covid?), I have no doubt people will be flocking back in greater numbers than left, likely looking to buy at a significant discount before prices inevitably shoot up again.
Because, despite it all— People want to live here.
Look at Santa Barbara, for example— it has almost no corporate presence yet some of the most expensive real estate in the state and nation. Yet it’s not a summer destination like the Hamptons, but a year-round thriving city. That’s not an accident, but because Santa Barbara is situated on one of the most beautiful coastal inlets on one of the world’s most desirable coasts, georgraphically and weather-wise.