Here's why a San Francisco landlord is purposely keeping commercial rents low for businesses (youtube.com)

This month. Then you have empty storefronts, the neighborhood declines. Which, obviously causes others to leave if the city doens't act.

Stable rents, predictable and low. The businesses can grow and survive.

The SF's new plan is to threaten landlords to fill locations within 6 months or pay a new large tax.

In the Bay Area, ‘A new restaurant must through 61 steps involving 11 local agencies to get its required permits and licences.’ Spur report. ‘Just to get started, a restaurant may have to pay 17 different government fees...’

A restaurant or liquor store there has 15 or 20 permits on the walls, just to operate.

All comments are subject to review.

Please note that comments are not moderated immediately — every comment must be reviewed. This means there may be a delay before your comment is visible.

Comment as a visitor

No account. Fill in your name and the skill-testing question.

Multiply first, then add or subtract.

Comments

0

No comments yet.