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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (1401524)	5/4/2023 8:35:22 PM
From: Wharf Rat	1 Recommendation Recommended By Doren Read Replies (1) \| Respond to of 1578704

Failure to turn a profit?

To: Tenchusatsu who wrote (1401524)	5/5/2023 2:21:21 AM
From: Doren	Respond to of 1578704

> Let me know what other reasons you can think of for all the store closures happening You'd have to be out of your mind to open anything but a business catering to the rich there. ----- Cost of Land/Leases in SF. Companies can make more selling their real estate. Online shopping. SF is a tech city. You think techies shop online or at Walmart? TowerRecords where I worked is long gone buddy. If you have a business there you better have profit margin AND cash flow up the ying yang. Cost of labor. With a shit apartment rent reaching $3000 if you're lucky... what clerks can afford SF??? It used to be clerks at Tower would get together and rent empty warehouses. No more, too expensive and those areas gentrified. Relocate and commute? No way, the freeways are parking lots. You could relocate 3 hours away and STILL pay exorbitant rent. Cost of labor. Even high paying tech company workers are having second thoughts about locating in SF. That's why they're moving to cheaper locations. Like Tesla moved. Tech companies can pay less for both rent and talent moving to the boonies. High cost of maintenance on real estate. I live in an expensive city... I'd literally have to double or even triple my prices to do business there. Traffic and lack of parking makes it impossible. Even in my city I started refusing to work downtown because I need tools. A laptop doesn't cut it. I've also stopped commuting out of my area. You just cannot charge enough to add a 3 hour commute to three hour job. I used to occasionally work there 30 years ago... the only way you could do it was to park on the sidewalk and hope you didn't get ticketed or towed. 30 years ago it was WAY better. Parking is so bad in SF I went up there to see a show with some friends one night, after literally looking for parking for 3 hours we gave up and drove home to Sacramento. They even had Taxi "races" at one time where taxis had to park 3 times on a route, nearly impossible. Its sort of like the White Collar Fed Techies blaming blue collar workers for inflation and trying to raise unemployment. Its amazing people swallow that white collar bullshit when billionaires are raking it in... yeah punish working people, they caused inflation... let em lose their jobs... and homes and become........ homeless. White collar tech people ruined SF. Used to be a lovely cheap city where 4 people could rent a victorian for a few hundred bucks. My dad grew up there I have fond memories. Now its a hideous dog eat dog metropolis where people are so selfish they won't let you change lanes and there's aways a BMW 3 feet from the rear of you car. Last time I was there 15 years ago I swore it was the last time. I'm gonna visit a friend in Marin this year. I won't be going there via Oakland or SF. I'll go around the whole ugly mess... I don't even wanna touch Marin but he's a good old friend. Vast amounts of people tried to move out to Marin, or even Santa Cruz because of the nightmare of parking and traffic in SF but the same thing happened there too. The 101 in Marin during the commute is again, a parking lot. ------ And about the homeless. All the help facilities are in SF, its a legacy from when it wasn't expensive to live there. Homeless people can't commute period. If you think the white collar neighborhoods in San Rafael or Cupertino are going to allow anything like that in their cities you are dreaming.