San Francisco is replacing its low-income and working class populations with (very) rich people.
Graph courtesy of @sfplanningpic.twitter.com/SIH90kz9kU
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Yeah pensions, but what's that to do here? Is it because cities like SF keep promoting job development to compensate their revenue shortage brought about through Prop 13, MID among other things? So the only ones able to live there are the rich and those assigned housing?
SF is not in as bad a pension situation as the vast majority of CA cities because it is a combined city-county government
dedicated tax revenues, Californians hate taxing themselves and love something for nothing, so cities and the state are historically dependent on a small number of individuals/businesses funding services, which perversely makes them even more dependent on attracting that 1/0.001%
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