Sarang Shah on Nostr: This is good, because it can lead to lower commercial rents, but is awful for the ...

This is good, because it can lead to lower commercial rents, but is awful for the city because it lowers the main source of tax revenue for #SanFrancisco. We need to repeal Prop 13 so cities aren’t so dependent on commercial real estate

https://sfstandard.com/2023/09/05/san-franciscos-real-estate-reset-is-already-happening/