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Owner of Two of San Francisco’s Largest Hotels Pulling Out of City: ‘Path to Recovery Remains Clouded’

PaxNurgle said:
Okay, I'll be serious here. I was trolling the OP with my post, since he is so well known for spamming the board with a million threads per day. Since his four previously active accounts now "Love Spam" (and like clockwork, he has already created two new ones) I guess we can now have a decent discussion here.

The problems facing San Francisco are many. A lot of people will simply chalk it up to "Liberals" or "Socialism" or whatever makes them comfortable, but of course it is way more complicated than that. Yes, poor city government and mismanagement is a part of it. Underfunded and overworked police, leading to insufficient (or sometimes, non-existent) enforcement of laws, and failed policy towards the homeless and mentally ill are known issues plaguing the city. But consider, a family of 4 living in most other parts of the country can bring in $60-70K a year and still live relatively comfortably. In San Francisco, that same family would be homeless earning that income. Rent and housing costs have pushed out the lower and middle class, escalating a growing class of "Working homeless" earning only enough to purchase meals but not enough to procure shelter.

Meanwhile, a growing number of people have decided to forego the long commute into the city, and the daily $6 bridge tolls, which I would assume have probably risen since I last drove across it- and work at home. Which leads to an increase in vacant office spaces and a decrease in foot-traffic commerce in the buisness districts downtown- which likewise has affected the city's economy. This has happened in many cities beyond just San Francisco.
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and you ignore the elephant in the room. congrats on being obtuse
 
Then, okay, what is the elephant in the room, and further to the point...IF you were elected mayor of San Francisco, How would you go about solving the problems the city faces? What specific policies would you enact? What would you do about the crime and homelessness, or the unaffordable housing (Is THIS the elephant in the room you are talking about?)


THIS is what I want to hear. Concrete solutions! I'm from the San Francisco area originally and I'm saddened to see it decline so. If I'm so "obtuse" then explain. And no, simply saying, "Vote for conservatives" is not good enough; because, what exactly would you have the conservatives DO, policy-wise, that would help alleviate the problems?
 
PaxNurgle said:
Then, okay, what is the elephant in the room, and further to the point...IF you were elected mayor of San Francisco, How would you go about solving the problems the city faces? What specific policies would you enact? What would you do about the crime and homelessness, or the unaffordable housing (Is THIS the elephant in the room you are talking about?)


THIS is what I want to hear. Concrete solutions! I'm from the San Francisco area originally and I'm saddened to see it decline so. If I'm so "obtuse" then explain. And no, simply saying, "Vote for conservatives" is not good enough; because, what exactly would you have the conservatives DO, policy-wise, that would help alleviate the problems?
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This isn't that complicated. In fact the solutions are so obvious that even someone from SF could figure it out.

The problem is that you don't want solutions, you want your good times without having to pay for them.
 
HisArpy said:
This isn't that complicated. In fact the solutions are so obvious that even someone from SF could figure it out.

The problem is that you don't want solutions, you want your good times without having to pay for them.
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No, I want to hear YOUR solutions. After all, "You can help 1."
So what are YOUR solutions?
 
snailspace said:

THIRTY San Francisco hotels could stop paying loan payments as city struggles with spiking crime, rampant homelessness and brazen drug use​

  • San Francisco may see more than two dozen more hotels default on their loans in the next two years as bills come due and revenues remain down
  • Earlier this week, the company that owns the largest hotel in San Francisco announced it will stop payments on a $725million loan and cede ownership
  • San Francisco is facing low tourism as the crime rate has spiked in the city and homeless is unrestrained
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They deserve what they have, they keep voting these fucking marxist idiots into office.
 
It won't be long and California will have more ghost towns and a lot bigger than Bodie. It will start looking like China and its Ghost Cities.
 
icanhelp1 said:
They deserve what they have, they keep voting these fucking marxist idiots into office.
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They won't stop doing it either because they've been well conditioned by their parents, schools, and "the system" to believe the empty promises they're being told... if only they'd give up a little more of their freedomes to the government they could end [insert current "crisis" here].
 
Hotels going bust?
That never happens, surely. Let me see...

1. Trump Taj Mahal Casino Resort, Atlantic City
2. Trump Castle Hotel & Casino, Atlantic City
3. Trump Plaza Hotel & Casino, Atlantic City
4. Trump Plaza Hotel, New York
5. Trump Entertainment Resorts
6. Trump International Hotel, Washington
7. Trump Hotel, Las Vegas
8 Trump International Hotel, Vancouver
 
icanhelp1 said:
They deserve what they have, they keep voting these fucking marxist idiots into office.
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Well again, aside from having your stupid sock-puppet conversation with yourself on this thread (which seems to serve no purpose other than to fuel your own demented amusement...) I will repeat the question another way.

Suppose: You get your wish. The people of San Francisco finally wised up and threw those marxist (sic) idiots out of office.

Suppose: A new Republican mayor and Republican city council has taken the reins of the city. Upstanding citizens and homeless rabble alike can be seen throughout the city wearing red hats that say "Make San Francisco Great Again." (MSFGA.) Although some of these red hats still say "49ers," but we'll leave that out of the discussion.

With that said, what are some of the policies they will enact that will solve the city's problems? What will the new "MSFGA" mayor and council do, while in office, to reverse the city's decline? I want to hear specifics. Specific ideas, that you think the new MSFGA city government should implement. Answering things like, enacting anti-GLBT or anti-minority policies is not enough, because that will not solve the homelessness or drug issue, or the sky-high housing cost issue. Unless you think somehow it will, and if so- HOW will it?

Or, in other words, turning San Francisco "Red" does not mean the incoming conservative mayor will be able to simply wave his magic anti-marxist wand and all the city's problems will magically disappear. He will need a road map, a policy guide. That is what I am asking for your help with. You CAN help, right?
 
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PaxNurgle said:
Well again, aside from having your stupid sock-puppet conversation with yourself on this thread (which seems to serve no purpose other than to fuel your own demented amusement...) I will repeat the question another way.

Suppose: You get your wish. The people of San Francisco finally wised up and threw those marxist (sic) idiots out of office.

Suppose: A new Republican mayor and Republican city council has taken the reins of the city. Upstanding citizens and homeless rabble alike can be seen throughout the city wearing red hats that say "Make San Francisco Great Again." (MSFGA.) Although some of these red hats still say "49ers," but we'll leave that out of the discussion.

With that said, what are some of the policies they will enact that will solve the city's problems? What will the new "MSFGA" mayor and council do, while in office, to reverse the city's decline? I want to hear specifics. Specific ideas, that you think the new MSFGA city government should implement. Answering things like, enacting anti-GLBT or anti-minority policies is not enough, because that will not solve the homelessness or drug issue, or the sky-high housing cost issue. Unless you think somehow it will, and if so- HOW will it?

Or, in other words, turning San Francisco "Red" does not mean the incoming conservative mayor will be able to simply wave his magic anti-marxist wand and all the city's problems will magically disappear. He will need a road map, a policy guide. That is what I am asking for your help with. You CAN help, right?
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First start by removing them off the streets. You have to ask the question * Why are housing costs so high?* second, admit dem policies are totally fuck up. When you give away free shit someone has to pay for it, hence an overtaxed electorate and a artificial high cost of living.
 
icanhelp1 said:
First start by removing them off the streets. You have to ask the question * Why are housing costs so high?* second, admit dem policies are totally fuck up. When you give away free shit someone has to pay for it, hence an overtaxed electorate and an artificial high cost of living.
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Zero tolerance pan handling. Zero tolerance for public street camping, urinating and defecation. Zero tolerance for fentanyl and other hard drugs. Accept supervised outpatient treatment and shelter or face criminal incarceration or mandatory hospitalization treatment.

DA office: Zero tolerance for shoplifting and looting, violent attacks, threats, or intimidation. Violators will be prosecuted to the full extent of the law.

Governor & Legislature: Fix the insanely lenient laws.

Voters: Repeal Prop 47
 
See, these are all concrete changes in policy that may help right the ship in California. I would agree that the laws against shoplifting are way too lenient, and are not effectively enforced. I would add that hiring more police officers and allowing for quicker and more effective prosecution of lawbreakers would be a good start as well.
 
icanhelp1 said:
You missed they didn’t have a choice.
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There's no choice of hotels? I'm fairly sure that there's a selection available, unless things have gone seriously downhill since the last time I was in California.
 
PaxNurgle said:
See, these are all concrete changes in policy that may help right the ship in California. I would agree that the laws against shoplifting are way too lenient, and are not effectively enforced. I would add that hiring more police officers and allowing for quicker and more effective prosecution of lawbreakers would be a good start as well.
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Funny.

Not too long ago, the cops were the problem with all those California Conservatives...


;) ;)
 
Per today’s WSJ, crime and quality of life issues are driving hotel owners out of SF while hotels in other large cities have bounced back.

“San Francisco’s once thriving hotel market is suffering its worst stretch in at least 15 years, pummeled by the same forces that have emptied out the city’s office towers and closed many retail stores.

“Hotel owners in New York and Los Angeles are filling nearly as many rooms this year as they did in 2019, according to hotel-data firm STR. Their revenue per available room exceeds what it was before the pandemic.

“But in San Francisco, hotels are still struggling badly in both occupancy and room rates compared with before the pandemic. Revenue per available room was nearly 23% lower in April compared with the same month in 2019.

“The city’s lodging business has been squeezed by crime and other quality-of-life issues that have kept many convention bookers away. Tech companies’ embrace of remote work also undercuts business travel to the city and hotel activity.“

https://www.wsj.com/articles/hotel-...-san-francisco-as-business-nosedives-e84c64ef
 
BabyBoomer50s said:
Per today’s WSJ, crime and quality of life issues are driving hotel owners out of SF while hotels in other large cities have bounced back.

“San Francisco’s once thriving hotel market is suffering its worst stretch in at least 15 years, pummeled by the same forces that have emptied out the city’s office towers and closed many retail stores.

“Hotel owners in New York and Los Angeles are filling nearly as many rooms this year as they did in 2019, according to hotel-data firm STR. Their revenue per available room exceeds what it was before the pandemic.

“But in San Francisco, hotels are still struggling badly in both occupancy and room rates compared with before the pandemic. Revenue per available room was nearly 23% lower in April compared with the same month in 2019.

“The city’s lodging business has been squeezed by crime and other quality-of-life issues that have kept many convention bookers away. Tech companies’ embrace of remote work also undercuts business travel to the city and hotel activity.“

https://www.wsj.com/articles/hotel-...-san-francisco-as-business-nosedives-e84c64ef
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Not as many people work in downtown office buildings anymore. This is happening all over the country.
 
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