The collapse of San Francisco is a warning sign of the future
May 6, 2023
The golden age of San Francisco is a sign…
Fast growth and rapid collapse is dangerous…
Unaffordable housing price makes the city inhabited…
The key for city to sustainable growth is to attract more residents…
But the higher price pushes away residents…
If more and more residents escape away from the city, the revenue of the city will decline rapidly and since the housing price is higher and higher, the entire city will bankrupt…
