Restaurants pay most of their revenue for real estate and to landlords. To ensure restaurants survive SF is going to cap all rent at 15/sq foot.
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If only there were some way to see that restricting real estate development would have adverse effects when the economy tanks. If only people had been pointing that out for probably decades now.
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Thanks for leading with solutions in these times.
End of conversation
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Ha ha ha! Like people write “trigger alert”, some jokes need a “sarcasm alert”
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:))))
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according to my google search, 10% of gross income towards rent is the average. Why not cap employee pay, or cost of goods? Both 30% or so
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My point exactly
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Also it’s not necessarily obvious. From Vienna I’m don’t immediately see the miss. Also in a way sets precedent in your personal issue of fake news. Fun but outcome might not be
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Great job for small businesses and restaurants that are the hardest hit in this crisis
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